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Vietnam banks’ 2019 results show improved solvency: Moody’s
Rated banks in Vietnam posted solid profit growth and asset quality improvements last year, benefitting from the country’s robust macroeconomic environment, the U.S.-based ratings agency Moody’s Investors Service stated in a new report.
VN banks boost sales of mortgaged assets to resolve bad debts
Many banks are auctioning mortgaged assets, mainly real estate, worth trillions of Vietnamese dong to speed up the resolution of non-performing loans.
VN banks target higher business goals, raising charter capital in 2019
Several banks approved their 2019 business targets and plans for raising capital in annual shareholders’ meetings on Tuesday.
Factors at play
Is ANZ Vietnam’s sale of its retail banking segment to Shinhan Bank Vietnam part of the bank’s new strategy or an indication of declining fortunes for foreign banks in the segment?
