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Search Results: 7,458 results for keyword "bank".
Shares edge higher on bank stocks
13-05-2021 20:53
The market inched slightly higher on Thursday morning, boosted by bank stocks while losses in other large-cap stocks pared the gains.
Timo appoints Nam Tran as a member of the Global Advisory Board
13-05-2021 17:58
Timo, the first digital banking platform in Vietnam, officially announced the appointment of Nam Tran, co-founder and chairman of Moca as a member of the Global Advisory Board at Timo from May 1, 2021.
"Buy now, pay later" on the rise in Vietnam
13-05-2021 15:22
The trend of buy now, pay later solutions is projected to gain traction in Vietnam with many players unveiling new services to tap into this fast-growing segment.
Lenders on course to reach 2021 targets
13-05-2021 08:00
Favourable legislation from the Vietnamese government, stronger demand for credit, and more affordable cost of capital after policy rate cuts have provided a shot in the arm for banks’ profit.
Expansions emerging in bancassurance services
12-05-2021 08:00
Vietnam’s banks are taking advantage of the increasing demand of high-quality insurance services, which in turn bring vast potential to their future income, while both local and foreign insurers are proactively expanding their bancassurance network.
Standard Chartered Bank accelerates sustainability mission through responsible financing
10-05-2021 18:45
As one of the major international financial institutions in Vietnam, Standard Chartered Bank has thrown its considerable weight behind sustainability-linked initiatives to promote a low carbon future and shape a more resilient, sustainable economy.
ADB proposes ending funding for coal power plants
10-05-2021 15:25
The Asian Development Bank (ADB) will stop financing new coal power plants, the main source of power supply in developing countries, under a draft energy policy released earlier this week.
Citi’s digital growth benefiting institutional clients
09-05-2021 23:01
Citi Vietnam was recently named Digital Bank of the Year by The Asset magazine. Interim Vietnam Citi country officer Lai Minh Thuy shared with VIR’s Phu Canh her views on the digital focus of the bank in recent years and the recent announcement on exiting from the consumer bank business in Vietnam.
Vietnam shining bright as appealing investment venue
08-05-2021 14:51
Despite pandemic implications, Vietnam continues to coax a steady increase in foreign investment inflows. Michele Wee, CEO of UK-backed Standard Chartered Vietnam, delivers a comprehensive picture about the country’s foreign direct investment, focusing on how Vietnam can retain its appeal and how Standard Chartered Vietnam could support the process.
Techcombank CEO: How a bank grows is defined by how it keeps its promises to customers
07-05-2021 20:36
Committed to sustainably serve Vietnamese customers, Hanoi-headquartered Techcombank is building on its track record to gain a strong foothold in Vietnam’s fast-growing financial market. The bank’s ultimate goal is to become a top 10 bank in Southeast Asia, having the scale and capacity to deliver the best customer journey. Jens Lottner, the expat CEO of Techcombank, lifts the veil for Tuan Khanh on how Techcombank could achieve the goal, leveraging a raft of measures such as sustaining CASA growth, and investing into its technology, infrastructure, and people.
Building core competencies in digital age
07-05-2021 17:08
The “product-focused” business philosophy faces challenges, forcing banks to switch to “customer-centric” operations and build a digital ecosystem that fufils customers’ needs. Dam Nhan Duc, head of Research and Development of the Military Commercial Joint Stock Bank (MB) looks into the essence of this transformation.
The way forward in hospital self-rule
07-05-2021 09:00
While hospital automation has proved some advantages of capital mobilisation and healthcare services expansion, some challenges remain and concrete actions are required to make it a greater success. Le Minh Sang, health specialist at World Bank Vietnam, analyses the difficulties and also the international lessons that the country can learn from.
The dollarisation and cash economy puzzle
07-05-2021 09:00
The more than 5-year-old Decision No.2589/QD-NHNN from the State Bank of Vietnam (SBV) lowered annual interest rates to zero, applicable for deposits in USD of institutions and individuals.
How Circular 03 on debt rescheduling and rates exemption affect to Vietnamese banks
06-05-2021 18:20
Vietnam’s central bank has recently extended the roadmap for commercial banks’ debt rescheduling and provision in a bid to support vulnerable customers hit by the pandemic. Nguyen Thi Phuong Thanh, financial analyst at VNDIRECT, wrote about how loosening the schedule would support banks to retain earnings growth and assure capital safety.
Shares mixed on resurgence of COVID-19
05-05-2021 17:59
The stock market closed the first session of May on a mixed note as the growth of banking shares rescued the VN-Index from a fall while the HNX-Index slumped due to the resurgence of COVID-19 in Vietnam.
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