central bank warns against fake international bank cards

Central bank warns against fake international bank cards

The State Bank of Vietnam (SBV) has advised its urban and provincial branches and payment service providers nationwide to enhance the inspection and monitoring process for card payments.

State Bank jitters over share trader bank loans

The State Bank may further tighten control over commercial bank loans to share traders in order to reduce bank risks, according to a senior State Bank official.
daia bank passes procedures to merge with hd bank

DaiA Bank passes procedures to merge with HD Bank

Dong Nai-based DaiA Bank has completed all necessary procedures for its merger plan with HD Bank after an unusual shareholder meeting in Bien Hoa city on Wednesday.
vietcombank and mbbank to acquire construction bank and ocean bank

Vietcombank and MBBank to acquire Construction Bank and Ocean Bank

The State Bank of Vietnam (SBV) announced a decision for the mandatory transfer of CBBank and Ocean Bank to Vietcombank and MBBank, respectively, on October 17.
joint merger bank named saigon commercial bank

Joint merger bank named ‘Saigon Commercial Bank

Ficombank, Tin Nghia Bank and Saigon Commercial Joint Stock Bank passed a resolution at a shareholders meeting held on December 15 to name their joint merger bank as ‘Saigon Commercial Bank’ with a capital of VND10.5 trillion ($507.8 million), equaling 1,058 shares, and total assets worth VND153.62 trillion.
maritime bank merges with mekong development bank

Maritime Bank merges with Mekong Development Bank

The Maritime Bank (MSB) announced its plan to merge with the Mekong Development Bank (MDB) on its website on March 31.
central bank to restructure non bank credit institutions

Central bank to restructure non-bank credit institutions

The State Bank of Viet Nam (SBV) will focus on restructuring non-bank credit institutions such as financial companies and finance leasing firms this year.
donga bank receives bank of mellons award

DongA Bank receives Bank of Mellon’s award

DongA Bank has been awarded by Bank of New York Mellon (BNY Mellon) an Excellence Award for 2012 for Straight Through Processing (STP), according to DongA Bank’s website.
state bank prepares regulations on bank restructuring

State Bank prepares regulations on bank restructuring

State Bank of Vietnam Governor Nguyen Van Binh will announce this month new rules governing the restructuring of the banking sector.