Banks to comply with biometric changes
January 15, 2025 | 13:00
Foreign banks operating in Vietnam must complete the biometric verification requirement for transferring funds to personal accounts, with all banks aiming to make verification mandatory for corporate clients this year.
Liquidity pressure “substantial” on Vietnam’s banks
October 23, 2024 | 21:00
Intense liquidity pressures and surging interest rates are anticipated in the domestic banking sector as the year-end approaches.
Debt recovery methods to be cleaned up
October 04, 2024 | 10:35
Commercial banks in Vietnam are grappling with rising loans and regulatory gaps, especially concerning debt recovery and managing real estate collateral, and highlighting the urgent need for clearer guidance on land use and leasing.
Vietnamese banks aim to become among top 100 in Asia
September 26, 2024 | 20:13
Credit capacity, low interest rates, and comprehensive digital transformation are key areas that Vietnam's commercial banking system must focus on.
Major commercial banks to lead credit growth in second half of the year
June 22, 2024 | 14:22
Major commercial banks are readying their resources to lead overall credit growth during the peak season of production, business, investment, and consumption.
Top 10 reputable commercial banks for 2024 unveiled
June 11, 2024 | 08:15
The Vietnam Report JSC on June 10 unveiled its annual list of Vietnam’s Top 10 Reputable Commercial Banks for 2024.
Banks and mutual fund market: partners in growth
April 01, 2024 | 09:37
In recent years, a strong transformation has been witnessed with commercial banks in developing wealth management and investment advisory services. Le Hoai An, a banking consultant and trainer at Integrated Financial Solutions, talked to VIR’s Nhue Man about the mutual fund market in Vietnam.
Lending slowdown threatens to delay real estate recovery
March 26, 2024 | 11:37
Commercial banks are taking a firm grip on lending activities, especially for the real estate sector.
Regaining trust essential to bolster growth of credit
March 26, 2024 | 10:00
Some banks are at times reluctant to lend, regardless of their financial standing. Tran Ngoc Bau, CEO of WiGroup, a major provider of economic data and fintech solutions, talked to VIR’s Nhue Man about credit bottlenecks in the current context and how to boost credit growth in a healthy manner.
Syndicated lending proposed to reduce impacts of loan limit policy
March 13, 2024 | 15:00
A new regulation on reducing the loan limit under the amended Law on Credit Institutions will adversely affect capital supply for enterprises so commercial banks should cooperate in providing syndicated loans for businesses, experts said.
Banks address green credit significance
October 03, 2023 | 16:13
Significant progress has been made in the sustainable finance market in Vietnam, with banks actively promoting bonds and loans to facilitate the development of projects aligned with environmental, social, and governance frameworks.
Green credit balance figures on positive trajectory
September 19, 2023 | 19:00
While green credit balances at commercial banks are growing, Vietnam’s legal framework on the issue has yet to be completed, making it difficult for implementation.
Banks join in promoting green credit
September 06, 2023 | 16:16
Commercial banks in Vietnam have been actively offering loans for green projects and expanding green credit through mobilising capital from international credit institutions.
Tax Department in Vietnam asks banks to provide transaction information
June 23, 2023 | 18:00
The General Department of Taxation has issued a letter requesting commercial banks and other credit institutions to provide transaction information.
Banks to promote online lending through national population database access
June 05, 2023 | 17:22
Through a series of newly-issued regulations and access to the national population database, banks are planning to expand their online money-lending services.
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