Moody's confirms ratings of five Vietnamese financial institutions
Moody's rating action concludes the review for downgrade initiated on April 7, 2020.
Moody's rating action concludes the review for downgrade initiated on April 7, 2020.
An upgrade is unlikely, given the review for downgrade.
Experts believed European investors would eye Vietnamese banks which have some good criteria.
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.
Green project financing has become a global trend in the banking and finance industry and it opens another channel for Vietnam to pursue green growth.
In 2020, the credit growth is expected to be in range of 13 – 13.5%, down from 13.7% last year.