Banking sector faces liquidity challenges amid rate cuts
By VNA
March 03, 2025 | 10:43
On February 25, the SBV held a meeting with credit institutions to address strategies for stabilising deposit interest rates. As a result, banks such as Eximbank, BVBank, KienlongBank, the Maritime Bank of Vietnam (MSB) and VietBank have announced new deposit interest rate schedules, with the highest reduction reaching up to 0.7 per cent per year.
Positive rate movement following government commitment
By Vinh Thuy
February 27, 2025 | 18:04
Banks have taken swift action to reduce their deposit rates following a meeting with the central bank (SBV) on implementing measures to stabilise deposit rates on February 25.
Citi celebrates 30 years of excellence in Vietnam
By Huong Thuy
February 27, 2025 | 17:09
Amol Gupte, Citi Asia South head, and Ramachandran A.S., Citi Vietnam’s country officer and banking head, have jointly hosted landmark anniversary celebrations with stakeholders.
Vietnam set to launch KRX trading system in May
By Luu Huong
February 27, 2025 | 16:20
Vietnam’s stock exchange is expected to introduce the long-awaited KRX trading system in late April, a move seen as a key milestone in modernising market infrastructure and enhancing liquidity.
Domestic banks strengthen international partnerships
By Hazy Tran
February 27, 2025 | 11:15
With central banks worldwide returning to monetary easing, the potential influx of cheap capital may drive domestic banks to pursue opportunities abroad.
Banks pressured to supply capital for public projects
By Hong Dung
February 27, 2025 | 11:08
Credit institutions continue to bear responsibility for providing capital to meet development demand, with a particular focus on the nation’s key public projects.
Anti-laundering legal holes being bridged
By Ha Truc
February 27, 2025 | 10:20
The banking sector is intensifying efforts to strengthen the legal framework and implement robust measures to combat money laundering in cross-border payments and remittance services, safeguarding the economy and the national financial system.
Lenders make radical shifts in workforce structures
By Vinh Thuy
February 27, 2025 | 10:06
Banks have adopted significant shifts in their workforce structures to optimise expenses and enhance profits.
VietBank signs MoU with KPMG
By Thanh Van
February 26, 2025 | 18:47
VietBank has signed a strategic partnership agreement with KPMG in Vietnam.
New 'Super Yield' account launched by VIB
By Thanh Van
February 26, 2025 | 18:45
VIB's Super Yield account was launched on the MyVIB digital banking app on February 17.
Banks expect upbeat profit picture for 2025
By Vinh Thuy
February 26, 2025 | 17:01
The Vietnamese banking sector has set higher profit targets for 2015 than in recent years.
MoF proposes tax and land rent payment extension for 2025
By VNA
February 25, 2025 | 15:49
According to the MoF, this is an extension policy, not a tax exemption or reduction.
VBSP helping Lao Cai achieve sustainability
By Hong Thuy
February 24, 2025 | 14:50
VBSP's expansion of policy credit schemes in Lao Cai is helping the northern border province achieve its goal of sustainable development.
Latest News
Mobile Version