bank loans remain unattractive to businesses

Bank loans remain unattractive to businesses

Many local banks are still struggling to attract corporate borrowers because of high lending rates.
banks rally as property stocks plunge

Banks rally as property stocks plunge

Bank stocks were all the rage again on Tuesday as rumours of a Saigon-Hanoi Bank takeover of Habubank created waves in morning trading.
foreign banks lower deposit rates

Foreign banks lower deposit rates

After the central bank announced its intention to lower the ceiling deposit rate to less than 13 per cent, several foreign banks have reduced their rates while local banks have yet to make any move.
foreign firms playing by the rules

Foreign firms playing by the rules

Foreign investors in Vietnam have been given a clean bill of financial health after a nationwide review carried out by the Ministry of Planning and Investment.
banks move to cut deposit interest rates

Banks move to cut deposit interest rates

A State Bank of Vietnam (SBV) announcement about a possible cut in deposit interest rates has spurred many banks into action even before an official decision is taken.
banking gets house in order

Banking gets house in order

Industry insiders are shining further light on the local banking sector restructuring process.
prime minister outlines banking reform

Prime Minister outlines banking reform

Foreign banks will be encouraged to compete equally as well as boost business co-operation with domestic credit organisations, under a plan adopted by Prime Minister Nguyen Tan Dung last week.
strangled credit growth to choke banks

Strangled credit growth to choke banks

Contained credit growth could dampen bank profit targets in 2012.
pm approves bank restructuring project

PM approves bank restructuring project

european stocks mixed as eu summit eases crisis mood

European stocks mixed as EU summit eases crisis mood

European stock markets finished the week on a mixed note while the euro fell following an EU summit on the , new rules to control eurozone budgets and massive central bank funding for banks.
vietnamese investors switch from gold to bank deposits securities

Vietnamese investors switch from gold to bank deposits, securities

As gold prices become more stabilise, many investors opt to deposit their money into banks or to invest in the securities market.
european central bank readies cash bonanza for banks

European Central Bank readies cash bonanza for banks

is set to flood eurozone banks Wednesday with a new bonanza of cheap cash aimed at averting a credit crunch in the euro area.
bank ratings under spotlight

Bank ratings under spotlight

Industry insiders are scrutinising the implications of the central bank’s recent credit growth target allocations on banks.
banks fear having no borrowers despite cut rates

Banks fear having no borrowers, despite cut rates

ecb prepares to open liquidity floodgates again

ECB prepares to open liquidity floodgates again

The European Central Bank is preparing to flood eurozone banks with cheap money again this week in the second of two such operations aimed at preventing a credit crunch in the euro area.