23-09-2020 09:54
Shares in major banks including HSBC, Deutsche Bank and JPMorgan Chase were hammered Monday following allegations they had handled huge sums of dirty money for almost 20 years.
19-09-2020 09:34
Despite a credit slowdown in the first half of 2020, some private commercial banks have still asked the State Bank of Viet Nam (SBV) for a credit growth expansion to prepare for a peak lending season expected at the end of the year.
18-09-2020 11:20
The State Bank of Viet Nam (SBV) should develop policies for commercial banks, helping them disburse capital mobilised from organisations and people, said economic expert Nguyen Minh Phong.
16-09-2020 09:00
The current pandemic has not only put mounting pressure on the quality of Vietnamese banks’ assets and profitability but also dampened some lenders’ cross-border mergers, forcing them to take different solutions regarding their foreign ownership limit.
12-09-2020 12:01
Citi Asia-Pacific’s leadership and excellence in digital banking has been recognised in the first round of Global Finance’s 2020 World’s Best Digital Banks Awards.
10-09-2020 09:11
Though the deposit interest rates of commercial banks have been reducing, people are still putting their money into banks amid the pandemic.
10-09-2020 08:00
Credit institutions are being encouraged to implement consumer credit packages and preferential rates as an effective way to stimulate spending sprees and help the domestic economy tide over the storm.
03-09-2020 09:08
The Viet Nam Banks Association is urging international credit and debit card companies to reduce a number of fees, as the country continues to battle the COVID-19 pandemic.
01-09-2020 10:29
PYN Elite, a Finland-based fund, expressed its optimism about Vietnam’s concerted efforts to keep up the growth momentum and was especially taken by the rosy outlook of bank stocks.
28-08-2020 18:20
Banks are facing major challenges to carry out their capital increase plans this year due to the impacts of the COVID-19 pandemic.
28-08-2020 11:00
Banks are feeling growing concerns over their bad debts amid the current disruptions caused by COVID-19.
21-08-2020 08:00
With the advantage of being one of the largest local banks in Vietnam, well-equipped with in-depth knowledge of the country’s business and regulations, VietinBank is determined to become the local bank for international businesses. The bank is also amongst the licensed banks that provides investment capital account services for international investors.
14-08-2020 15:30
The State Bank of Viet Nam (SBV) has asked banks to further reduce operating costs in the remaining months of the year in order to continue lowering interest rates to support COVID-19 affected firms and individuals.
13-08-2020 15:00
A number of Vietnamese banks have accelerated their initial public offering process or switched exchanges, signalling ambitions to tap into the potential of large capital inflows, despite the market remaining highly volatile.
12-08-2020 14:42
Vietnamese shares gained slowly on Wednesday morning, driven by banking and consumer staples sectors.