09-01-2012 16:59
This year will be the first time credit growth is allocated by the State Bank of Vietnam for credit institutions based on performance.
29-12-2011 15:15
Industry insiders are considering ways to improve firms’ access to credit.
28-12-2011 08:54
Eurozone banks deposited a record amount of overnight funds at the on Monday, official data showed Tuesday as banks remain extremely wary of lending to each other.
22-12-2011 10:55
European stocks and the euro slipped back Wednesday as initial gains made on news of a massive bank liquidity injection by the faded in unease at the huge amount offered.
21-12-2011 19:55
Foreign banks who want licences to operate in Vietnam must have at least VND100 trillion ($4.76 billion) worth of assets in total, according to the State Bank of Vietnam (SBV).
19-12-2011 16:10
All credit institutions and branches of foreign banks in Vietnam will have to obey rules on independent audit beginning January 1, according to a new circular issued on December 15 by the State Bank of Vietnam (SBV).
19-12-2011 08:56
Local banks need to spruce up their act or risk an exodus of retail customers to foreign banks.
19-12-2011 08:52
The State Bank has quashed rumours that the deposit interest rate cap will drop to 12 per cent in a move that should make the country’s struggling small banks breathe just a little easier.
19-12-2011 07:15
Vietnam is our committed market that we will keep expanding and investing in with our wide range of developed technology.
16-12-2011 16:18
Ficombank, Tin Nghia Bank and Saigon Commercial Joint Stock Bank passed a resolution at a shareholders meeting held on December 15 to name their joint merger bank as ‘Saigon Commercial Bank’ with a capital of VND10.5 trillion ($507.8 million), equaling 1,058 shares, and total assets worth VND153.62 trillion.
16-12-2011 15:29
withdrew hundreds of billions of from major banks in the first 10 days of December, state media said Friday, on falling expectations the currency will strengthen.
12-12-2011 11:14
In November Vietnam’s stock market witnessed low liquidity with stock prices plunging to lows not seen in several years and some stocks were not worth a cup of tea.
12-12-2011 11:01
The restructuring of Vietnam’s banking system is hotting up with three private domestic banks about to merge.
12-12-2011 09:51
Inflation has to be stable, even in a range of 8-9 per cent, so people can live with it, and this has to be achieved.
07-12-2011 17:55
State Bank governor Nguyen Van Binh has just aired a plan to merge three Ho Chi Minh City-based banks Ficombank, Tin Nghia Bank and Saigon Commercial Joint Stock Bank (SCB) on a voluntary basis. National Assembly’s Economic Committee deputy chairman Nguyen Duc Kien shares his views with VIR.