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Search Results: 2,239 results for keyword "banks".
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.
Banks’ support desired for mobile payments
25-06-2020 14:00
New approaches, especially regarding activities of banks, are required to boost the reach of mobile money agents and expand financial inclusion in Vietnam.
Authorities get to grips with new bad debt mountain
24-06-2020 17:20
A spike in the amount of bad loans sitting in banks’ books has triggered Vietnamese authorities to seek new paths to recovery, with the upcoming bad debt exchange platform envisaged to allow investors to buy and sell distressed assets, which can boost market liquidity.
Techcombank to issue 4.7mn shares to employees
19-06-2020 10:28
The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) plans to issue 4.7 million shares to current employees under its employee stock ownership plan (ESOP), at a price of 10,000 VND (0.43 USD) per share.
Banks continue to depreciate the greenback
18-06-2020 09:47
After four sessions of appreciating the US dollar against the Vietnamese dong, the State Bank of Viet Nam (SBV) adjusted the greenback down on Wednesday, while commercial banks followed the trend.
Vietnamese banks in a bright spot in the post-pandemic world
16-06-2020 19:06
Vietnamese banks offer attractive investment opportunities because of the sector's fast growth prior to COVID-19 and the country's relatively unscathed emerging from the pandemic, which, combined with the young and highly-productive labour force promises a glorious time ahead.
A string of banks land the HSX
16-06-2020 16:22
Following recovery plans after the pandemic came under control in Vietnam, many banks have recently announced plans to move their lists to the Ho Chi Minh City Stock Exchange (HSX).
LPGA banks on British Open after losing first major to virus
10-06-2020 17:08
PARIS: LPGA Tour Commissioner Mike Whan said he felt "pretty sure" the Women's British Open could go ahead in August despite France's Evian Championship becoming the first women's golf major to be lost to the COVID-19 pandemic.
Climbing the value chain to maximise investment
10-06-2020 14:00
In general, foreign investors are seeking safe, stable investment environments with established real estate market practices, rule of law, and structured land ownership, with available financial support from banks. Vietnam, Indonesia, and the Philippines have all worked hard to improve their legal frameworks to protect foreign investors and remove risks associated with issues such as repatriation of funds and providing a safe working environment for their employees.
Foreign fix to banks’ capitalisation ails
10-06-2020 08:00
A string of Vietnamese banks, particularly state-owned lenders, are facing capital shortfalls but upcoming tie-up deals with foreign investors could give the financial sector some much-needed momentum.
Banks upbeat about charter capital hike in 2020
09-06-2020 11:35
Banks, especially State-owned banks, are expected to increase their capital significantly this year as they are allowed to retain profits or pay dividend in shares instead of cash as previously.
From retail to finance, Vietnam all set to rebound with poise
08-06-2020 09:54
Vietnam’s early efforts to weather the COVID-19 storm have helped its economy to reopen much sooner than others, with many sectors that have suffered badly from the outbreak – from retail to finance –now recovering with poise.
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