gold custody services expanded as gold depositing banned

Gold custody services expanded as gold depositing banned

Many local commercial banks have switched from mobilizing gold to safeguarding gold for customers as the ban on gold depositing and lending started to take effect on Tuesday.
profits give banks the flip flops

Profits give banks the flip flops

Banks are anxious about darkening 2012 profit targets.
middle of the road banks look for mergers

Middle of the road banks look for mergers

Group II banks are looking to address capital issues by sourcing business expansion partners.
banks honoured for promoting electronic payments

Banks honoured for promoting electronic payments

Eight leading international and local banks have been recognised by Visa at the Vietnam Bank Awards 2012 for their role in promoting electronic payments in Vietnam.
asian markets mixed ahead of key bank meetings

Asian markets mixed ahead of key bank meetings

Asian markets were mixed in cautious trade on Wednesday as dealers awaited key policy meetings at the central banks of the United States and this week.
imf urges further spain bank reforms

IMF urges further Spain bank reforms

urged to push further ahead with banking reforms aimed at stabilising its troubled .
banks suffer slow 2012

Banks suffer slow 2012

Banks’ credit growth flat lined in the year’s first quarter.
hungry capital to eat away at banks npls

Hungry capital to eat away at banks’ NPLs

If real estate continues to be frozen and there are no signs for recovery by the end of 2012, NPLs from this area could make up 60 per cent of all banking system’s NPLs”
seabank rolls up its sleeves to help smes

SeABank rolls up its sleeves to help SMEs

SeABank, one of Vietnam’s eight largest joint stock commercial banks, has announced a low-interest credit programme to support small and medium sized enterprises.
spreading the money around

Spreading the money around

Banks are restructuring lending activities and it’s expected that this will make it possible for the state to reach its 2012 credit growth targets.
lower cost loans for businesses

Lower cost loans for businesses

Getting their hands on one of these lower-cost loans is hard for firms following the central bank’s recent move to lower the rate that banks would charge for the loans.
interest rate drop to brighten outlook

Interest rate drop to brighten outlook

Industry insiders hope the central bank’s recent move to drop interest rates will loosen the valve on property credit.
market is still on a roll

Market is still on a roll

Stock investors’ sentiment bounced back Thursday after the central banks’ easing of monetary policies yesterday.
credit lines to help struggling firms

Credit lines to help struggling firms

Banks’ supportive credit packages are to help poor companies.
banks take different paths to survival

Banks take different paths to survival

Banks have adopted diverse tactics to keep their heads above water amid a flood of economic difficulties.