17-06-2011 09:00
Capital One will buy the US online banking unit of ING for $9 billion, making the Virginia-based lender the fifth-largest bank in the United States in terms of deposits, the two banks said Thursday.
13-06-2011 14:08
The rising risks in Vietnam’s banking system amid economic instability is offering opportunities to global credit information groups like Eperian in the country, says Dennis Martin, managing director of Experian in Southeast Asia.
13-06-2011 08:00
Banks are queuing up for bonds as credit expansion slows amid improved cash availability.
13-06-2011 08:00
Equities investors are concerned over a new wave of margin calls this month as the deadline for non-production loan limits approaches.
10-06-2011 08:19
The European Central Bank signaled Thursday an interest rate hike in July to fight soaring inflation and warned that any policy step that risked a Greek debt default would be "an enormous mistake."
08-06-2011 15:38
Local banks face mounting challenges to meet 2011’s profit targets on the back of economic vulnerabilities.
04-06-2011 14:00
Banks are weighing up hiking ATM cash withdrawal fees for other banks’ cardholders.
02-06-2011 14:01
State-owned groups, corporations and enterprises that are over 50 per cent state-owned will have to sell foreign reserves (US dollar) to commercial banks from next month, pursuant to a circular released on June 1 by the State Bank of Vietnam .
30-05-2011 16:02
One of the ways in which banks are planning to increase their charter capital this year is to have their strategic partners acquire a greater stake – from the current 10 to 20 per cent.
30-05-2011 13:48
Many commercial banks say that all their efforts to reduce lending to non-manufacturing sectors are unlikely to meet the schedule set by the central bank.
30-05-2011 07:16
High lending rates might be discouraging enterprises from borrowing, but improved liquidity has seen banks jumping on board the government bond band wagon.
28-05-2011 18:50
Industry insiders have suggested measures to help bring order to the domestic financial market.
26-05-2011 12:08
State-owned groups and companies will have to declare their debts and assets, including gold, deposits, cheques, credit certificates at funds and banks from July this year if a new draft circular by the Ministry of Finance is approved.
25-05-2011 19:44
Scores of local banks are considering hiking foreign partner stake to raise charter capital.
24-05-2011 08:14
Vietnamese and Lao banks should strengthen experience exchange and investment cooperation, making practical contributions to bilateral ties as well as the development of each country.