Money

Citi named best bond and equity bank by Asia’s leading finance magazines

By Huong Thuy March 04, 2025 | 17:08

Citi was named best Asia-Pacific bond house by both IFR Asia and Finance Asia at their recent annual awards for 2024.

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.