fresh doubts axe is sharp enough to cut high rates

Fresh doubts axe is sharp enough to cut high rates

Key players in the financial industry doubt the State Bank can bring about a cut in the market interest rate.
asian markets slammed in global selloff

Asian markets slammed in global selloff

Asian stock markets on Friday caught a global selling fever after new warnings of world recession and as fears grew over the future of European banks with heavy exposure to sovereign debt.
bigger slice of credit institution pie for foreign appetites

Bigger slice of credit institution pie for foreign appetites

Foreign strategic investors are set for a breakthrough in their long desired wish to have greater stakes in Vietnamese credit institutions.
european markets falter as banks stay in spotlight

European markets falter as banks stay in spotlight

European stocks were on a knife edge on Thursday with banks under renewed pressure on growing concern that the debt crisis is far from over, dealers said.
long awaited vat path is set to be outlined

Long awaited VAT path is set to be outlined

Local banks’ SOS for value added tax guidance will soon be answered.
foreign banks continue flying high

Foreign banks continue flying high

HSBC Vietnam is on the money.
gold prices set fresh record vnd4155 mln

Gold prices set fresh record: VND41.55 mln

Domestic gold price as of 4:30 pm set a fresh all-time record at VND41.55 million a tael after its world counterpart skyrocketed to $1,667 an ounce.
commercial banks reduce bond purchases

Commercial banks reduce bond purchases

Many banks have reduced the volumes of bonds to purchase in the last two weeks amid concerns about profitability and liquidity constrains, newswire Vnexpress reported.
eximbank enters worlds top 25 banks with highest growth

Eximbank enters world’s top 25 banks with highest growth

academic calls for banking industry reforms

Academic calls for banking industry reforms

The Vietnamese banking sector needs to be reformed, Dr Huynh The Du, a lecturer affiliated to the Fulbright Economics Teaching Program, has told Tuoi Tre.
banks sweating on network expansion

Banks sweating on network expansion

A new draft circular, which aims to limit banks’ ability to open new branches, is worrying lenders.
banks up dollar deposit rates in search for forex

Banks up dollar deposit rates in search for forex

Some local lenders have broken ranks to offer higher than regulated dollar deposit rates.
lending rate on dong for corporations show signs of retreat

Lending rate on dong for corporations show signs of retreat

Some commercial banks have quietly reduced the interest rate on dong loans for corporations. US dollar lending rate, meanwhile, has been pushed up due to a shortage of the greenback.
lending a tall order for banks

Lending a tall order for banks

Promoting lending is tough for banks facing high deposit rates.
hanoi to host conference on japanese investment

Hanoi to host conference on Japanese investment