02-08-2013 15:34
Deputy general director at state giant Bank for Investment and Development of Vietnam (BIDV) Can Van Luc explains why the mobilising cap should not be removed to ensure the system stability.
31-07-2013 15:05
The State Bank of Vietnam sold 26,000 taels of gold, or one ton, at the 48th gold auction on July 30 to seventeen banks and companies with highest bid at VND38.08 million a tael and lowest bid at VND38 million.
30-07-2013 14:16
Banks are mulling tie-outs with foreign strategic partners to foster financial wealth and sharpen competitiveness.
11-07-2013 16:00
Bank mergers and acquisitions are coming into vogue.
08-07-2013 16:08
While many local banks are charging cardholders ATM cash withdrawals, ANZ Vietnam offers free withdrawal service for its Visa debit cards. This will benefit both customers and the bank in long term, Duong Duc Hung, head of retail banking at ANZ Vietnam, tells VIR’s Ngoc Linh.
06-07-2013 08:33
The Banker Magazine has placed the Bank for Foreign Trade of Vietnam (Vietcombank) at 445th in its list of the world’s top 1000 banks.
05-07-2013 09:36
Despite the fact that local banks now do not have to hunt for gold after completing settlement of gold arrears as of Sunday as requested by the central bank, up to 80,000 taels of gold still found buyers in the two gold biddings earlier this week.
04-07-2013 09:06
Fitch Ratings has maintained the ‘B’ notch in the Long-Term Issuer Default Ratings (IDRs) for 4 Vietnamese banks.
03-07-2013 14:30
As the gold price continues to fluctuate, most commercial banks have boosted their gold holding services in a move to cater the local tradition of hoarding the precious metal.
02-07-2013 14:00
ANZ Vietnam announced that ANZ Visa debit cardholders will enjoy free cash withdrawals across the Visa network, which comprises 13,000 ATMs of 19 banks in Vietnam.
02-07-2013 09:10
The State Bank of Vietnam has hold 35 gold bidding sessions and sold 865,000 taels of gold (equal to 33.3 tons) to local banks since March as a measures to help them repay their depositors and close their gold accounts by the end of this month under SBV order.
21-06-2013 16:21
The dust is settling as banks get ready to close their gold positions.
21-06-2013 09:07
The June 30 deadline for local banks to stop gold mobilization and lending is coming to a close but seven banks have still failed to secure enough gold to repay customers, said Nguyen Hoang Minh, deputy director of the HCMC branch of the State Bank of Vietnam (SBV).
19-06-2013 10:52
Sacombank and seven other banks on June 18 signed credit contracts worth more than 1,209 billion VND (57.5 million USD) to support 44 businesses and six households in Ho Chi Minh City’s District 9 and Thu Duc district.
18-06-2013 14:41
Small banks must scale-down dividend rates due to rising bad debts and bigger provisions.