24-09-2011 10:04
The deposit interest rate cap of 14 per cent imposed last month is causing small banks to lose customers, who are moving to the security of the bigger banks.
21-09-2011 09:39
Banks are offering personal loans, but interest rates remain sky high.
20-09-2011 14:35
The State Bank of Vietnam yesterday licensed 10 banks and gold trading companies to import a total of four tons of gold.
19-09-2011 08:00
Despite Moody’s negative outlook for Vietnam’s banks, prospects for Vietinbank’s overseas bonds issuance look rosy.
17-09-2011 17:00
The central bank is keeping a close eye on interest rates as local banks put their shoulders to the wheel.
17-09-2011 15:06
Many small banks have been found offering higher interest rates than the capped limit of 14 per cent per annum, despite warnings of stiff penalties by the State Bank.
17-09-2011 10:02
The State Bank of Vietnam is stepping up measures to penalise banks that are exceeding the deposit interest cap rate of 14 per cent per year by offering bonuses, promotions and incentives to customers.
16-09-2011 09:32
The greenback edged up in Asian trade Friday as traders adjusted their positions but an agreement among major central banks to provide dollar funding kept pressure on the US unit, dealers said.
14-09-2011 17:00
The business outcomes of state groups, corporations and banks were a mixed bag in the first eight months of 2011.
14-09-2011 15:45
The State Bank of Vietnam plans to establish a standing group of 12 leading commercial banks which represent 85 per cent of market share to address issues that arise in the banking system.
14-09-2011 08:54
Industry insiders are pushing strong measures to help stabilise the local financial market.
10-09-2011 15:20
Banking sector restructuring should begin with high-risk, smaller banks to make the whole system healthy, former State Bank governor Cao Sy Kiem tells VIR.
07-09-2011 17:01
Industry insides are mulling over how to deal with bad debts and feeble banks which are weakening the local banking system.
07-09-2011 08:19
Eurozone banks deposited the biggest amount of overnight funds at the ECB so far this year on Monday, official data showed on Tuesday in a signal that banks are wary of lending to each other.
06-09-2011 09:42
The Deposit Insurance of Vietnam (DIV) cannot help local banks and credit institutions deal with risks effectively unless current insurance premiums and deposit limits are hiked to fit actual development conditions, DIV general director Bui Khac Son tells VIR.