17-10-2012 08:46
Gold deposit rates have been rising since early September, hitting the highest rate of 2.5 per cent per year, as banks are struggling with a lack of gold liquidity.
16-10-2012 09:54
Banks are becoming net purchasers of foreign currencies, creating a good base for the forex market despite exporters’ increased demand for foreign currencies at the year-end.
16-10-2012 09:01
Standard Chartered will reserve $1 million for a new “Comprehensive Eye Care Development Project” in Vietnam.
11-10-2012 09:11
Several banks have yet to mobilize enough gold to settle their contracts before gold lending and mobilization get banned from November 25, raising a question whether gold import should be allowed now. But experts are greatly at odds over the question.
10-10-2012 10:09
Industry insiders are trying to get their heads around how to effectively control the local bullion market.
09-10-2012 09:28
The limit in interbank activities and the stagnation of capital in non-performing loans is prompting banks to seek more deposits.
08-10-2012 10:12
The government has tasked the State Bank of Vietnam to take necessary measures to tighten discipline on the banking sector and fix all weak banks in 2013, according to the government’s newly-issued resolution.
05-10-2012 14:11
The public is currently holding some 400 tons of gold, worth a massive $22 billion, in reserve, but this huge source of foreign currency will remain uncirculated if the State Bank of Vietnam insists on banning banks from mobilizing gold deposits.
01-10-2012 17:38
Industry experts are digging into why banks have favoured scaling-up mobilisation versus modest credit growth.
01-10-2012 09:54
Vietnam’s ongoing banking and financial reforms and dire need of infrastructure development have caught the eyes of United Kingdom investors.
25-09-2012 16:00
Banks are scaling up efforts to attract depositors in preparation for the year-end peak trading season.
24-09-2012 17:25
Industry insiders are chewing over Vietnam’s credit ratings.
24-09-2012 15:47
Debate over a proposal to allow foreign credit institutions in Vietnam to back real estate mortgages is intensifying.
22-09-2012 10:35
Industry players are weighing up the central bank’s latest circular on banks’ listing.
19-09-2012 18:47
The chairman and two deputy chairmen of ACB, one of Vietnam’s largest banks, have resigned, the bank made the unexpected announcement today afternoon.