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Search Results: 2,238 results for keyword "banks".
Standard Chartered Bank gears efforts to broaden sustainability footprint
31-05-2022 12:51
Sustainability and green development has become vital across the board, including in the finance and banking sector. Harmander Mahal, head of Consumer, Private, and Business Banking for Vietnam and Asia Cluster Markets at Standard Chartered Bank highlights the bank’s activities to grow stronger and best serve customers and partners through the crafting of a sustainable product suite.
Banks told to rollout low-interest businesses loans
30-05-2022 10:40
Commercial banks were told to launch a 40 trillion VND support package with a 2 percent yearly rate cut for businesses in a meeting with the State Bank of Vietnam (SBV) last week.
SBV warns about increasing bad debts, cross-ownership, and risks of BOT projects
24-05-2022 08:00
The State Bank of Vietnam (SBV) earlier this week reported on the evaluation of the execution of Resolution No.42/2017/QH14 on piloting bad debt settlement of credit organisations at the 15th National Assembly session.
Banks under pressure despite positive credit recovery
23-05-2022 18:14
Though credit demand is recovering quickly, banks still have to face big challenges related to rising bad debts, provisions and deposit interest rates.
Vietnamese banks expected to get better credit ratings
22-05-2022 15:59
Ratings of Vietnamese banks are expected to be continually improved thanks to Viet Nam’s positive sovereign credit rating.
Lenders reinforcing presence with bond issuance
19-05-2022 17:04
Commercial banks, with participation from local and foreign-backed institutions, are engaging in bond issuance despite severe regulations placed on this and volatile market conditions.
Techcombank on track for a seat among the top ASEAN banks
16-05-2022 19:07
Aiming to become one of the top 10 banks in ASEAN, Techcombank is prioritising sustainable growth over the long term, even as the bank delivered another year of sizzling hot growth in 2021.
Vietcombank and MB will take part in reconstructing CBank and Ocean Bank
11-05-2022 18:56
Vietcombank and MB would participate in the reorganisation of two weak banks, Construction Bank (CBank) and Ocean Bank, as a part of the forcible transfer controlled by the government.
Decoding the change of position in the consumer finance market
06-05-2022 15:00
Mcredit's spectacular growth in 2021, as difficulties for the banking industry reached their peak due to the pandemic, surprised the market.
Selective corporate bond scale expected to widen
26-04-2022 12:33
Corporate bonds, in addition to credit channels and stocks, are now a major source of finance for firms, particularly for banks and real estate developers. However, much work has to be done as the channel is still in its infancy.
41 banks buy corporate bonds worth $11.9 billion
25-04-2022 09:21
At a conference on developing a safe, transparent, and efficient capital market on April 22, Nguyen Thi Hong, Governor of the State Bank of Vietnam, said that credit institutions are both direct investors in and major issuers of the corporate bond market.
Bank deposits surge in wake of interest rate hike
23-04-2022 17:45
Hanoi - Thanks to increases in savings interest rates, deposits at banks increased strongly in the first two months of this year after declining last year.
Foreign banks jostle for increased share
20-04-2022 09:30
Earnings of international financial institutions in Vietnam have been inconsistent during the last few years due to focus on longer-term strategies, but some are experiencing a dramatic drop in fortunes.
Provision kinks leading to further study of bad debts
20-04-2022 08:00
New legislation governing Vietnamese credit institutions’ soured loans settlement would be studied after the fresh approval of bad debt settlement extension as pandemic-induced repercussions still impair banks’ financial soundness.
Banks setting upbeat profit targets
19-04-2022 14:34
Banks are penning out upbeat profit targets for 2022, leveraging sound credit demands buoyed by the economic rebound both at home and globally.
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