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Search Results: 2,239 results for keyword "banks".
Financial institutions begin public trading
30-12-2020 09:00
Vietnamese banks are enthusiastically filing for initial public offering or re-listing, in which they dream about tapping into broader scope of funds.
Banking partnerships maintain rapid pace
24-12-2020 14:00
Foreign insurers are vying with each other to grab a bigger slice of Vietnam’s robust insurance market, demonstrated by their aspiration to tie the knot with both local and international banks operating in the country.
Banks post rosy consumer lending performance by year-end despite COVID-19 threat
22-12-2020 16:09
Along with loosened credit growth, a raft of banks have rolled out lucrative lending programmes to fuel consumption demand for the end of the year.
Sumitomo Mitsui Financial Group shows interest in acquiring banks in Asia
22-12-2020 16:02
Sumitomo Mitsui Financial Group is allegedly going to acquire Asian banks in Vietnam, the Philippines, or India.
Central bank extends credit growth limits
17-12-2020 15:20
The State Bank of Vietnam (SBV) has extended the credit growth limits for the second time this year to some commercial banks, of which the highest level is up to 30 percent.
SSI wrapped up a $85 million unsecured foreign loan from foreign banks
15-12-2020 18:08
SSI Securities Corporation has recently inked a deal with a group of nine foreign banks led by the Union Bank of Taiwan (UBOT) for an unsecured loan worth $85 million.
Techcombank bags Best Syndicated Loan in Vietnam by Triple A Country Awards 2020
14-12-2020 19:28
The $500 million syndicated term loan of Techcombank was awarded the Best Syndicated Loan award in Vietnam in 2020 by The Asset. This is the second-largest syndicated loan in Southeast Asia in 2020 and the largest- ever syndicated loan to banks in the Vietnamese market.
IFRS 9 for banks set to be the way forward
14-12-2020 08:00
The International Financial Reporting Standards (IFRS) Roadmap in Vietnam was officially announced in Decision No.345/QD-BTC in March by the Ministry of Finance. Against the mandate by the ministry and economic distress caused by COVID-19, KPMG now views the application of IFRS to be more challenging than anticipated as banks in Vietnam plan forward to embrace IFRS 9.
Standard Chartered Vietnam launches 24/7 instant interbank transfers
13-12-2020 09:03
Standard Chartered Vietnam today announced the launch of its 24/7 instant interbank transfer service on SCPay, its new cloud-native global payments platform, allowing both corporate and individual clients to send and receive funds to and from external bank accounts anytime anywhere including on weekends and public holidays. The service is applicable to beneficiary/ remitter accounts of National Payment Services Vietnam (NAPAS) network member banks.
Corporate bond arena sharpens up for banks
10-12-2020 08:00
Vietnamese lenders are ramping up their presence in the corporate bond landscape by issuing bonds and also purchasing a large amount of this debt instrument. Notwithstanding, the local authorities have warned banks that have bought corporate bonds for the purpose of debt restructuring or stake purchasing may be at significant default risk.
Tax tweak deemed essential to shield digital economy
09-12-2020 15:00
Commercial banks are being required to provide information of taxpayers’ payment bank accounts and transactions to the tax department, as Vietnamese authorities aim to create a level playing field in an open digital economy.
Banks required to disclose taxpayers account info to tax agencies
05-12-2020 11:13
From December 5, 2020, commercial banks in Vietnam are obligated to provide information on taxpayers' bank accounts and transactions to the tax department.
Regional banks need to accelerate ESG efforts amid improvements in sustainability
03-12-2020 17:47
In addition to improvements of regional banks in integrating environmental and social considerations into their financing activities, banks in the region still have large gaps that leave their portfolios vulnerable to risks arising from climate change and natural loss.
Lenders pledge to help revive regional economy via RCEP
27-11-2020 08:36
After a lengthy eight-year negotiation process, the Regional Comprehensive Economic Partnership was finally signed just over a week ago. Now, banks from all 15 member countries spanning the Asia-Pacific region are demonstrating their dedication to bolstering post-pandemic economic growth.
Lenders utilise varied approach in FOL adjustments
23-11-2020 12:36
Vietnamese banks are demonstrating their eagerness to tie the knot with international investors, with the expectation that cash injections will help grow the finance and banking segment on a longer timescale.
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