Ambitious targets amid challenges
While the business community is concerned about a fall in profit this year, the banking system still expects positive growth. Optimistic goals Despite accomplishing 55% of its plan for 2022 with pre-tax profit of over VND1.7 trillion, down 13% against 2021, ABBank has confidently set a pre-tax
Banking system in a liquidity crunch
A liquidity squeeze is choking Vietnam’s economy and banking system, making interest rate swings unavoidable Interest rate hikes return After a short period of interest rates easing, bank deposits took off again last week. Competition for savers in the banking system has intensified during the