01-12-2010 13:30
The State Securities Commission has licenced Vietcombank, TienPhong Bank, VP Bank and Western Bank to offer additional shares.
28-11-2010 20:20
Maintaining shareholders’ profits is forcing joint stock banks into a taxing juggling act.
28-11-2010 20:00
Habubank plunged below the par value in its Hanoi Stock Exchange debut last week, reflecting a weak sentiment for Vietnam’s listed banks’ shares.
21-11-2010 14:28
Banks are making a major push to attract more deposits. Tran Thi Van, an accountant at a private company, told VIR that in the last week she received total of eight calls from banks’ staff inviting her to deposit money.
20-11-2010 11:07
Allied Irish Banks was rocked Friday as it revealed customer deposits have plunged 13 billion euros ($17.8 billion) since January and said ongoing EU-IMF bailout talks could affect its future.
16-11-2010 22:28
The foreign exchange market has shown positive signs over the past few days, and the balance between the purchase and sale of foreign currencies by commercial banks has improved, according to a new announcement by the State Bank of Vietnam (SBV).
16-11-2010 22:23
A number of banks in Vietnam are offering negotiable deposit rates in a bid to attract more customers
15-11-2010 17:34
Local firms are finding it hard to source dollar loans or buy cheap greenbacks from banks as forex market turbulence continues.
15-11-2010 15:17
More banks and gold traders will be given licences to import gold in an effort to stabilise the market, according to the State Bank of Viet Nam.
12-11-2010 14:31
Some of Vietnamese commercial banks now offer yearly interest of up to 14 per cent for VND deposits after offering 12 per cent earlier this week.
10-11-2010 22:08
European Union competition authorities gave Ireland the green light on Wednesday to extend guarantees for crisis-hit banks until June 2011.
09-11-2010 13:50
Commercial banks have begun increasing deposit interest rates in accordance with an agreement reached last week among members of the Vietnam Banking Association that allows banks to pay as high as 12 per cent per year.
08-11-2010 21:56
Commercial banks raised their VND deposit interest rate to 12 per cent per annum from today (November 8), while racing to offer promotions to attract deposits.
04-11-2010 09:26
Credit institutions with bad debts of more than three per cent will not be allowed to list on the stock exchanges, according to a draft circular of the State Bank of Vietnam (SBV).
03-11-2010 15:22
Australian Treasurer Wayne Swan vowed to crack down on "arrogant" banks in an extraordinary attack Wednesday as major lenders face mounting anger over rising interest rates and fees.