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Search Results: 2,205 results for keyword "banks".
Banks cut home loan interest rates
12-08-2020 09:45
Interest rates of home loans at commercial banks have tended to reduce significantly since the second half of July due to low capital demand from business and production.
Foreign banks pour capital into Vietnam
12-08-2020 09:31
The International Finance Corporation (IFC), a member of the World Bank Group, announced on August 11 that it will provide a 70 million USD loan to Indo Trans Logistics Corporation (ITL Corp), with the aim of improving logistics, trade and competitiveness in Vietnam’s economy amid the COVID-19 pandemic.
Banks are racing to catch digitisation trend: expert
10-08-2020 15:32
Vietnam has seen a digital wave in the finance-banking industry, with many lenders investing significantly in digitisation, experts have said.
Reference exchange rate stable despite record gold prices
05-08-2020 11:46
The State Bank of Vietnam set the daily reference exchange rate at 23,208 VND per USD on August 5, down 6 VND from the previous day.
IFC loans to VPBank and OCB to boost finance for local businesses
05-08-2020 10:33
The International Finance Corporation (IFC) is providing $140 million in loans to VPBank and OCB to help the two banks support local businesses with disrupted cash flows sustain operations and maintain employment.
Shares rebound as banks and energy gain, all eyes on virus measures
31-07-2020 10:16
Hanoi - A rise in beaten down banking and energy stocks helped Vietnamese shares rebound on Thursday as investors pinned hopes on the Government’s drastic measures to tackle the COVID-19 outbreak.
Banks act carefully amid uncertainties
23-07-2020 08:00
As the global health crisis continues to inflict hardship on every sector, both international and domestic banks are becoming more risk averse in order to keep their businesses afloat, while trying to get rid of bad loans.
Central bank considers changing roadmap for ratio of short-term funds for long-term loans
22-07-2020 15:01
The State Bank of Vietnam was considering changing the roadmap for adjusting the ratio of short-term funds used for medium and long-term loans, with the aim that banks could lower lending costs and provide preferential rates to aid post-pandemic recovery.
Banks to sell collateral assets amid fears of rising bad debts
21-07-2020 08:45
A number of banks have announced plans to auction off their collateral assets in an attempt to speed up bad debt recovery.
New preferential lending rates assisting recovery
15-07-2020 10:00
Vietnamese and international banks are slashing lending rates to help cash-squeezed clients to weather the storm to lift the domestic economy out of its current difficulties.
Banks pump out bonds as trade will soon be restricted
14-07-2020 22:45
Banks have stepped on the gas in bond issuance in the first half in anticipation of regulatory amendments which will impose restrictions on bond trading from early September.
Banks prepare to cushion slight rise in NPLs
08-07-2020 12:09
Concerns are mounting about the resilience of the Vietnamese banking system amidst the COVID-19 outbreak as escalating soured debt and lower after-tax profits have put lenders in riskier positions.
High-end lending in higher demand
08-07-2020 08:00
The young and increasingly affluent population of Vietnam has been spurring great demand for quality wealth advisory services and financial solutions, with a number of banks aiming to support their customers to thrive during both planned and unanticipated moments in life.
SBV to ease credit growth for commercial banks in Vietnam
06-07-2020 17:01
The State Bank of Vietnam (SBV) would loosen credit growth target for commercial banks in Vietnam to get the economy back on a solid footing.
VN-Index rebounds, propped up by PMI data and interest cuts
02-07-2020 09:01
Vietnam’s benchmark VN-Index surged on Wednesday after a six-day losing streak as investor sentiment improved following solid data of PMI in June and steep cuts in interest rates of some banks.
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