its horses for courses for banks

It’s horses for courses for banks

Industry players are taking different approaches to banking authorities’ loan interest rate cuts.
great interest over interest decision

Great interest over interest decision

Industry players are weighing up whether now the right time to remove the ceiling interest rate scheme.
sbv to ease banking system crisis

SBV to ease banking system crisis

An official from the State Bank of Vietnam said that they will not need VND100 trillion ($4.8 billion) to deal with the bad debts at local banks.
bank move cheers investors

Bank move cheers investors

Stock market soared on major banks’ moves to lowering lending rates, with rising hope about an upswing among investors.
banks look for transparency

Banks look for transparency

Banks want to know businesses’ problems before lending out of bad debt fears.
banks keep credit valve open

Banks keep credit valve open

Banks in Ho Chi Minh City continue to provide capital to starved enterprises.
an a z to get economy moving

An A-Z to get economy moving

National Financial and Monetary Policy Advisory Council member Tran Du Lich suggests ways to unblock credit flows and tackle bank bad debts to brighten the economic picture.
sbv disapproves atm service fees

SBV disapproves ATM service fees

The State Bank of Vietnam (SBV) has asked commercial banks to refrain from charging customers for ATM transactions within their respective bank’s ATM network and from adjusting the fees for ATM transations outside their network.
southern property market thaws

Southern property market thaws

Apartment projects in Ho Chi Minh City are back in business with a series of projects coming onto the market thanks to banks’ easing credit.
credit growth 2012s buzz words

Credit growth 2012’s buzz words

Boosting credit growth is to remain an all encompassing obsession in 2012’s second half.
european stocks euro waver in pre eu summit trade

European stocks, euro waver in pre-EU summit trade

European stock markets and the euro wavered in cautious trading on Tuesday, a day after sharp losses and ahead of a key EU on how best to tackle the debt .
banks start cutting long term deposit rates

Banks start cutting long-term deposit rates

After taking part in a race to offer exorbitant deposit rates a fortnight ago, many banks are now lowering their deposit rates for savings of above 12 months to below 12 per cent a year.
southern hub looks to get firms moving

Southern hub looks to get firms moving

Loans provided by Ho Chi Minh City banks and credit institutions received a slight bump between January and June.
banks embark on interest rate race

Banks embark on interest rate race

The jury is out to whether ceiling mobilising rate scheme should be removed.
banks secretly hike atm transaction fees

Banks secretly hike ATM transaction fees

Many banks have increased their fees for ATM transactions such as checking balances, transferring, or printing statements without informing cardholders, while some have begun charging customers for on-us transactions, or those made within the same network.