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Search Results: 2,208 results for keyword "banks".
State Bank bans lending towards gold buying
09-10-2011 11:00
The State Bank of Vietnam on Saturday decided to ban banks and credit institutions to provide loans for gold purchases, except for cases allowed by the State Bank.
Five banks to trade gold bars to ‘stabilise market'
07-10-2011 13:04
Asia Commercial Bank, Techcombank, Eximbank, Sacombank and DongA Bank have been authorised alongside Sai Gon Jewelry Co (SJC) to trade in gold bars at quoted global prices in an effort to stabilise the chaotic domestic market for gold.
EU mulls 'coordinated' bank recapitalisation
06-10-2011 22:13
The European Commission called on Thursday for EU "coordinated action" to recapitalise banks, as markets rose ahead of talks by global finance chiefs on the eurozone debt crisis.
Central Bank says seek to assure dong liquidity
06-10-2011 21:47
The State Bank of Vietnam said Wednesday it would ensure Vietnam dong liquidity for the country’s banking system as a number of commercial banks have cut lending rates for manufacturing industries to 17per cent-19 per cent a year from 18%-22 per cent.
Merkel to hold talks on eurozone crisis
05-10-2011 13:44
German leader was to hold talks at the European Commission Wednesday amid efforts to contain the debt crisis, as markets reacted nervously to an EU plan to help troubled banks.
Central bank considers setting up gold fund
05-10-2011 08:54
The State Bank of Vietnam is considering setting up a gold fund with Saigon Jewelry Co. (SJC), the country’s largest gold trader, and commercial banks, to tame the soaring domestic gold prices.
US markets bounce back on news of EU bank
05-10-2011 08:48
Panicky selling driven by the Greek debt impasse and a troubled European bank swept global markets Tuesday, but US markets jumped into the green in the final hour on reports that EU officials had plans to help vulnerable banks.
Quick-footed FIEs evade banks
04-10-2011 17:00
Dissolved foreign-invested enterprises are hurting local banking institutions.
Banks pushed into a corner to toe the line
03-10-2011 08:00
New commercial bank short-term deposit rate limitations will force banks to roll with the punches.
Recently, with the 14 per cent interest rate cap for deposits, commercial banks are finding ways to avoid cash withdrawal and attract deposits by straightening the mobilisation rate curve to 14 per cent for all maturities.
Lending rates face hurdles to go south
02-10-2011 23:28
Lending rates have been stubbornly falling as commercial banks face capital cost and bad debt barriers.
Credit growth in holding pattern
01-10-2011 16:24
Local currency credit disbursement is growing slightly though banks have pulled down lending rates.
Hard work to close banking loophole
29-09-2011 14:36
Banking authorities are scaling up efforts to put the deposit rate ceiling under control.
Quick action to address bad debts
28-09-2011 14:45
Banks are taking a variety of measures to curb bad debt rates.
Black mark for banks’ lending
28-09-2011 13:44
Bad debts are hurting banks’ ambitions. State Bank statistics show that local banking sector’s bad debts made up 3.04 per cent in total outstanding loans by the end of July 2011 against 2.16 per cent in late 2010.
France denies 10-15 bn euro bailout for major banks
25-09-2011 21:21
France is planning a 10-15 billion euro recapitalisation plan for five top banks struggling with the debt crisis, a report said Sunday, sparking a formal denial from the finance ministry.
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