Banking sector in dire need of more employees

Many banks have plans to expand employment this year as around 25.6% of banks said they had fallen short of staff by the end of last year, the Monetary Statistics and Forecasting Department of the State Bank of Vietnam revealed in a survey.

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According to the survey, which gathers responses from 89% of commercial banks and central bank branches, the demand for financial and banking services had increased quarter after quarter in 2016, with the strongest increase in demand for loans, followed by payment, card and deposit services. As such, the demand for more employees will be running high this year, Thanh Nien newspaper reports. 

In its business plan survey conducted among all credit institutions and central bank branches nationwide between November 25 and December 13 last year, the department found that most banks are optimistic about their businesses this year and expect higher profits than last year.

Banks predict that the customer demand will keep rising in the first quarter this year and the entire year.

Saigon Times

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