risk adverse cash rich banks failing to come to the party

Risk adverse, cash rich banks failing to come to the party

Many banks are suffering negative credit growth rates despite offering attractive loan packages.
bidv enhances banking activities in laos

BIDV enhances banking activities in Laos

BIDV is asking for the Laos government’s permission to raise its chartered capital in Lao-Viet Bank from $35 million to $70 million.
vietcombanks swelling capital

Vietcombank’s swelling capital

Vietcombank has lifted the curtain on a VND14.7 trillion ($705.6 million) capital surplus.
move to fortify forex positions

Move to fortify forex positions

The State Bank should consider issuing bills or bonds in USD, instead of VND to increase forex reserves or paying off overseas debts and encouraging direct and indirect foreign investment - Vu Thanh Tu Anh - Head of research at the Fulbright Economics Teaching Programme
maritime bank plans all at sea

Maritime Bank plans all at sea

Tough economic conditions are forcing local lender Maritime Bank to rethink its plans to list its shares and join up with foreign strategic partners.
habubanks pre tax profit drops

Habubank’s pre-tax profit drops

Hanoi Building Commercial Joint Stock Bank, popularly known as Habubank, has reported a decline in pre-tax profit for 2011 as the lender made a loss in the final quarter of last year.
mobilisation rate holds true

Mobilisation rate holds true

The State Bank has quashed rumours that the deposit interest rate cap will drop to 12 per cent in a move that should make the country’s struggling small banks breathe just a little easier.
lenders fear steep profit shortfalls

Lenders fear steep profit shortfalls

The main reason for BIDV’s lower than expected profit is that our bank has already decreased the lending rate three times this year
dong getting squeezed by many hands

Dong getting squeezed by many hands

The Vietnamese currency is not likely to see a sharp devaluation by the year’s end despite seasonal dollar supply pressures.
mbb adds choice to investors shopping list

MBB adds choice to investors’ shopping list

Vietnam’s fourth largest joint stock commercial bank by chartered capital will list on the local stock market this week.
small banks will back to the wall

Small banks will back to the wall

Higher capital costs are leaving small banks with liquidity difficulties.
forces put squeeze on fx rate

Forces put squeeze on FX rate

Higher gold prices and maturing US dollar loans are pressuring the exchange rate.
taking aim to cool a hot gold market

Taking aim to cool a hot gold market

The State Bank is looking to stabilise the over heating gold market.
banks sweating on network expansion

Banks sweating on network expansion

A new draft circular, which aims to limit banks’ ability to open new branches, is worrying lenders.
visiting trang an heritage region 2024 to join trang an festival

Visiting Trang An Heritage Region 2024 to join Trang An Festival

The Trang An Festival 2024, themed “Visiting Trang An Heritage Region 2024", was organised by Xuan Truong Construction Enterprise at Trang An Landscape Complex in the northern province of Ninh Binh on April 26.