19-04-2011 14:31
Several banks are competing to issue more international credit cards after a new government decision lowered the volume of foreign currency permitted to be taken out of the country without declaration.
19-04-2011 14:26
The State Bank of Vietnam has instructed commercial banks to submit plans by April 21 for holding credit growth this year at less than 20 per cent.
15-04-2011 16:37
Several major US banks are close to an agreement with the Wall Street regulator to settle fraud allegations related to the "toxic" mortgages behind the 2008 financial crisis, a report said Friday.
15-04-2011 14:46
Prime Minister Nguyen Tan Dung has instructed the State Bank of Vietnam (SBV) to consider allowing commercial banks to sell up to 20 per cent of their charter capital to a single foreign strategic investor.
15-04-2011 09:09
A group of powerful multilateral financial institutions are joining forces to support Arab hopes for a better economic future, the US and French governments announced Thursday.
14-04-2011 11:53
All banks simultaneously reduced their USD deposit interest rates to 3 per cent on April 13 in response to the State Bank of Vietnam ’s recent related decision, which took effect the same day.
13-04-2011 21:51
Unhealthy European banks are the biggest threat to global financial stability, and they need to find fresh capital, the International Monetary Fund said Wednesday.
13-04-2011 15:00
A slew of banks are considering appropriate times to list on Vietnam’s stock market during 2011.
12-04-2011 21:23
State-rescued Allied Irish Banks said Tuesday that its net losses ballooned to 10.4 billion euros ($15 billion) in 2010, adding that it planned to axe more than 2,000 jobs by the end of next year.
10-04-2011 08:30
Spain will submit all its banks and savings banks to stress tests at a European-recognised level, its finance minister said on Saturday, expressing confidence of a positive result.
09-04-2011 14:00
High inflation and bond yields lower than banks interest rates, as well as the decreasing value of the Vietnamese dong against the US dollar, have combined to derail recent government bond issues, said Vietnam Bond Market Association vice chairman Trinh Hoai Giang.
08-04-2011 08:30
BNP Paribas of France and Bank of China will provide an export credit agency (ECA) worth $275 million to the Mao Khe Thermoelectric Power Plant.
07-04-2011 14:03
Scores of local banks are considering plans to join hands with foreign strategic partners, but the story is not just simple.
05-04-2011 11:42
Financial experts recommend putting a brake on the current non-term deposit interest rate hiking race to ensure banking system stability.
05-04-2011 11:40
Score of banks plan to hike chartered capital to enhance competitiveness.