Advanced search
Search Results: 2,206 results for keyword "banks".
ANZ chief discusses growth strategy
01-10-2013 15:20
VIR’s Ngoc Linh talked with Philip Chronican, CEO of ANZ Australia, about the global bank’s plans to up their investment into Vietnam due to increased competition from local banks and a desire to reinforce their position in the country.
VAMC embraces first bad debt evaluation
30-09-2013 14:37
State-owned Vietnam Asset Management Company (VAMC), launched in late July to clean up banks’ bad debts, is considering buying up the first non-performing loans (NPLs) from four banks burdened by high bad debt rates and which are obliged to sell NPLs to VAMC.
Experts shine light on bank rate controversy
27-09-2013 15:02
Banks’ lending rates are unlikely to fall and the government needs to keep a tight hold on the ceiling deposit interest rate say Vietnamese economic experts.
Dovish Draghi comments push euro lower
24-09-2013 14:52
The euro slipped against the dollar on Monday after European Central Bank chief Mario Draghi voiced concern about rising interest rates and said the ECB could provide fresh liquidity to banks.
Local banks plan to sell bad debt to asset management firm
11-09-2013 09:42
The Nam Viet Commercial Joint Stock Bank (Navibank) and Asia Commercial Bank (ACB) have lodged plans to sell non-performing loans to the Viet Nam Asset Management Company (VAMC).
Banks’ pervasive cross-ownership harbours risks
03-09-2013 10:33
Vietnam’s government is considering banking reforms that would enable foreign investors to acquire larger ownership shares in domestic banks. Dr. Vu Dinh Anh, deputy director of the Ministry of Finance’s Market and Price Institute, said that loosening the foreign ownership cap in Vietnamese banks could eventually lead to more complicated cross-ownership in local banks.
Central bank’s regulations on gold keeping service raises worries
30-08-2013 09:42
Under the draft regulation compiled by the State Bank of Vietnam, commercial banks don’t have to pay back to customers the exact gold bars they entrusted to banks under the safekeeping services.
IFC manager discusses bank lending alternatives
27-08-2013 10:16
Rachel Freeman, IFC manager for Access to Finance Advisory Services in East Asia Pacific shared how movables lending could help resolve banks’ non-performing loans and expand financing to small and medium enterprises on the sideline of the international symposium on movables lending organized by IFC and the Vietnamese Banking Association on August 22-23 in Ho Chi Minh City.
Banks recommit to credit risk management
27-08-2013 09:14
Over the next 12 months banks will increase their investment into better credit risk management processes.
Banks poised for year-end hiking capital demands
19-08-2013 15:57
As of July 30, 2013, banking sector’s credit expanded 5.15 per cent against end of 2012, according to the State Bank. The sector’s full-year credit growth target was pegged at 12 per cent.
Bad debts put dark clouds on bank profits
19-08-2013 15:51
Local banks’ recent first-half financial statements showed that scores of banks eyed rosy business outcomes with profits reaching several hundred billion dong even when some of them reported negative credit growth during the period.
Banks continue cutting staff salaries amid economic difficulties
14-08-2013 09:02
Both small and big banks have continued slashing salaries and bonuses for their staff due to their loss-making in the context of the current economic difficulties which are affecting their operations.
Five Vietnamese enterprises roll out co-branding card
08-08-2013 14:18
Vietnam’s leading retailer Saigon Co.op and major banks Vietcombank, BIDV and DongA Bank launched a co-branding partnership last week amid fiercer retail competition in the country.
Bank profit woes
07-08-2013 18:00
Bank profits in the first six months were unexpectedly low after many banks revealed disappointing first half results.
M&As to rise as banks restructure
05-08-2013 15:31
Merger and acquisition activities in Vietnam’s banking sector are expected to get more robust in the coming time as local banks accelerate restructuring and work to increase their competitiveness.
Mobile Version