Tags: nam a bank

Banks to up capital by US$1.6 billion

Banks to up capital by US$1.6 billion

The banking system is expected to further develop this year, as 16 banks have announced plans to increase capital by a total of nearly VND37 trillion (US$1.62 billion).

Banks struggle to raise capital

Banks struggle to raise capital

Not only the issues of human resources, bad debt, profit, dividends, but also the pressure of increasing capital to cater for updated standards in line with Basel II are pushing banks to exhaustion before and after their 2017 general shareholders’ meeting (GSM).

Banks run out of credit quotas

Banks run out of credit quotas

Many large-sized commercial banks have no scope for credit growth for the last months of the year, as they have used nearly all the quota allowed by the central bank.