29-06-2021 23:16
The latest initiatives of the US Federal Reserve to leave its benchmark short-term borrowing rate near zero, while signalling an imminent rate hike, is leaving other emerging economies’ central banks high and dry.
28-06-2021 22:27
For development banks, water investments are exciting because water is so central to the 2030 Sustainable Development Goals (SDGs). Clean water and sanitation, ending poverty, good health and wellbeing, and gender equality are all closely linked to the prudent management of water.
28-06-2021 08:00
The virtual conference themed "Digital Financing: Powering cashless economy" organised on June 22 and 23 by Star Media Group Malaysia was participated by top business leaders from across Asia in the field of finance, banking, information, and data management.
24-06-2021 10:13
In order to support Vietnam Airlines to overcome financial issues, SeABank, MSB and SHB agree to provide loan packages worth $173.9 million to assist the national flag carrier.
23-06-2021 13:45
Loans related to real estate-backed collateral and build-operate-transfer projects are classified as among the riskiest and largest portion of banks’ portfolios, which might require restrictive approaches on quantitative quotas.
18-06-2021 08:00
Banks are coming to grips with a tile of non-performing loans due to the pandemic. Kent Wong, partner and head of Banking and Capital Market at VCI Legal, portrays how the new circular’s debt rescheduling may affect banks, and how foreign banks could deal with distressed loans.
07-06-2021 07:00
The transition from the London interbank offered rate to the risk-free rate will have a wide-ranging impact on banks globally. In the Asia-Pacific region, a significant number of banks will be affected by the transition as most floating rate loans are denominated in USD. Japanese yen loans also make up a significant portion of total exposures.
03-06-2021 22:18
Local banks could gain the upper hand thanks to a number of syndicated loan facilities backed by international financial institutions, with a central focus on climate-friendly energy, digitally-led services, and narrowing the gap for small- and medium-sized enterprise financing.
03-06-2021 22:09
Besides the retail customer segment, banks are offering a range of credit cards designed to fit the evolving comprehensive needs of small- and medium-sized enterprises and corporates to heighten efficiency and manage business expenses.
31-05-2021 16:41
Several banks are exploring digital ways to simplify the hefty paperwork that comes with international trade to enhance operational efficiency and support export-import companies. Military Bank (MB) - one of Vietnam's largest commercial banks - is also accelerating its strength to bridge the gap between local enterprises and international markets and drive long-term resilience.
19-05-2021 09:00
Banks have experienced a significant bad debt formation while implementing strict provisioning to control non-performing loans amid pandemic struggles – however, debt restructuring portfolios will slightly increase in 2021 as related conditions are expanded.
15-05-2021 12:57
A growing number of banks and fintech firms are forming partnership to implement embedded finance in Vietnam.
13-05-2021 20:57
The State Bank of Vietnam (SBV) has requested local credit institutions and foreign banks’ restrict lending concentration for real estate and construction, Build-Operate-Transfer (BOT) and the consumption sector.
13-05-2021 08:00
Favourable legislation from the Vietnamese government, stronger demand for credit, and more affordable cost of capital after policy rate cuts have provided a shot in the arm for banks’ profit.
12-05-2021 08:00
Vietnam’s banks are taking advantage of the increasing demand of high-quality insurance services, which in turn bring vast potential to their future income, while both local and foreign insurers are proactively expanding their bancassurance network.