forex market rebounds as banks smile upon dollars

Forex market rebounds as banks smile upon dollars

The forex market continues along the road to recovery despite dollar lending risks.
eu seeks to tighten banking rules

EU seeks to tighten banking rules

The European Commission unveiled new banking rules Wednesday that would force banks to raise more capital and threaten sanctions to prevent risks that could trigger a new financial crisis.
banks post h2 positive earning despite high cost loans

Banks post H2 positive earning despite high-cost loans

Many commercial banks announce to earn positive profits, while many businesses have to reduce operation and lay off staffs in an attempt to survive the economy meltdown.
banks prefer to look ahead not behind

Banks prefer to look ahead not behind

Top joint stock commercial banks have turned frowns into smiles in 2011.
mb honoured as regional most popular brand

MB honoured as regional most popular brand

The Military Commercial Joint Stock Bank (MB) has become one of few banks in Vietnam to receive the “most popular brand in ASEAN” title.
asia stocks mixed on us impasses eu bank tests

Asia stocks mixed on US impasses, EU bank tests

Asian stocks were mixed Monday as news that fewer than expected European banks failed stress tests was tempered by fears US lawmakers will not agree a budget that will help avoid a catastrophic default.
safety net laid out for small banks

Safety net laid out for small banks

Liquidity challenged local banks have a beacon of hope to cling to.
fitch downgrades five greek banks

Fitch downgrades five Greek banks

Fitch rating agency said on Friday it had downgraded one notch the notation for the five leading Greek banks to "B-" because of strains on their cash positions and assets.
banks concerned us dollar supply not meet up demand

Banks concerned US dollar supply not meet up demand

Many lenders are concerned about the gap of the US dollar supply and demand as they struggle to mobilise the greenback, while lending demand remains very high.
six banks escape state bank of vietnam sanctions

Six banks escape State Bank of Vietnam sanctions

Six Ho Chi Minh City-based banks have narrowly escaped being sanctioned by the State Bank of Vietnam after managing to cut their outstanding loans to non-manufacturing sectors to 22 per cent by June 30, Ho Huu Hanh, director of the central bank’s city branch, said.
bitter sweet 2011 for banks

Bitter-sweet 2011 for banks

Bank profit margins in 2011’s first half were split on the back of economic uncertainties.
scores of children among 128 dead in russian sinking

Scores of children among 128 dead in Russian sinking

The rain was not relenting on Sunday afternoon, as the Bulgaria left the riverbanks behind for the open expanse of the reservoir. So the babysitters gathered the children together and led them to the activity room to play.
banks still perplexed by demands

Banks still perplexed by demands

Bringing down lending rates to non-productive sectors is challenging banks.
ecb digs in on rates greece provides cover for portugal

ECB digs in on rates, Greece, provides cover for Portugal

The European Central Bank stuck to its guns Thursday, hiking interest rates to tame inflation, its main responsibility, and offering help for Portuguese banks to better fight the eurozone debt crisis.
getting a handle on banks bad debts

Getting a handle on banks’ bad debts

“Information transparency is crucial. However, transparency needs to meet two criteria -  making the public get a grip on the situation and the information must not be misunderstood,” Central Institute for Economic Management deputy head Dr. Vo Tri Thanh told VIR in respect to the local banking system’s bad debt issue.