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Search Results: 2,239 results for keyword "banks".
Changes needed for global banking post-coronavirus
02-10-2020 19:43
Life for many of us has changed beyond recognition compared to just a few months ago – and one of the biggest changes has been the need to do electronically what we have historically done face-to-face: video conferencing for meetings, shopping online, restaurant delivery, day-to-day banking, and so on.
Averting inflation due to excess cash in the system
29-09-2020 09:59
As many companies cope with debts caused by the economic fallout due to the pandemic, they are unable to take loans for maintaining or expanding their business lines. In this scenario, in which banks see themselves confronted with excess capital, Dr. Vu Dinh Anh from the Ministry of Finance’s Price Market Research Institute warns about possible inflation if banks and state policies choose the wrong way.
Vietnamese banks take cautious approach to foreign ownership limit
24-09-2020 16:11
The current pandemic has not only put mounting pressure on the quality of Vietnamese banks’ assets and profitability but also hampered some lenders’ cross-border mergers, forcing them to take different approaches to their foreign ownership limit.
Controversial draft decree may make banks lose potential foreign investors
24-09-2020 09:51
A draft decree being developed by the State Securities Commission to implement the amended Law on Securities may cause local banks to lose out on potential foreign investment.
Banking shares plummet on laundering allegations
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.
Banks ask for higher credit quota to prepare for peak lending season
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.
Commercial banks expect SBV support to disburse capital, says expert
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.
Domestic banks take cautious FOL approach
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.
Citi Vietnam named Best Corporate Digital Bank 2020 by Global Finance
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.
Despite lower interest rates, people still put money in banks
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.
Banks bet on consumer credit growth
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.
International card organisations continually urged to cut fees
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.
PYB Elite: Banks are the true growth story in Vietnam
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.
Pandemic derails banks’ capital hike plans
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.
Bad debts causing growing concerns to banks
28-08-2020 11:00
Banks are feeling growing concerns over their bad debts amid the current disruptions caused by COVID-19.
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