Bidv

As market markers, entities have the right to participate in the issuance and repurchase of government bonds and notes via bidding.

The Covid-19 pandemic has changed customers’ behavior and perception regarding digital banking services.

Given abundant liquidity and low demand for credit, banks are offering attractive loans during the year-end period.

Low interest rates could open up new opportunities for investors to take advantage of the cheap capital to buy shares and acquire new assets via M&A deals.

Under the new regulation, state-owned commercial banks where the state holds more than 50% can now be able to raise their registered capital to maintain the government control.

While the banking has to continue its efforts to deal with bad debts, credit institutions are required to support the economic recovery efficiently, said Prime Minister Nguyen Xuan Phuc.

Four major state-run banks account for nearly half of total deposits in the banking sector.

With five new banks included in this year’s Brand Finance Banking 500, the total number of Vietnamese banks in the global top 500 banks in brand value hits nine.

The central bank is willing to support liquidity for credit institutions, if needed, as they start providing financial support for the economy.

If the psychological thresholds of 890-900 of the VN-Index are not breached, the market may recover in the short term.