stronger risk management imperative

Stronger risk management imperative

Vietnam’s banking sector is confronting multifaceted challenges from global financial upheavals to localised digital and environmental risks, emphasising an urgent recalibration towards robust risk management.
bac a bank bond issuance to increase operational scale

BAC A BANK bond issuance to increase operational scale

BAC A BANK will issue bonds for the third time as part of it plan to increase operations.
exchange rate pressure to soothe by end of 2023 expert

Exchange rate pressure to soothe by end of 2023: expert

Pyon Young Hwan, director of Global Trading Centre at Shinhan Bank Vietnam, shared his take with VIR's Thuy Vinh on the interest rate situation globally and in Vietnam, and challenges and development prospects for the country’s economy in late 2023 and beyond.
the future of banking discussed at temenos forum

The future of banking discussed at Temenos forum

The 2023 Temenos Regional Forum was held on August 23 and played host to banking experts as they shared their views on digital transformation and the future of banking, where the customer is at the centre of new technology.
central bank joins regional payment connectivity expansion

Central bank joins regional payment connectivity expansion

The State Bank of Vietnam (SBV), has officially joined the Regional Payment Connectivity (RPC) initiative.
new circular facilitates loan access central bank

New circular facilitates loan access: central bank

The State Bank of Vietnam (SBV) has said its new circular has enabled clients to better access credit loans, thus ensuring a fresh supply of capital for production and business.
kbank explores potential ma deal in vietnams banking sector

KBank explores potential M&A deal in Vietnam's banking sector

Kasikornbank (KBank), a commercial bank from Thailand, is in talks to acquire Home Credit Vietnam, according to two sources.
big four slash deposit interest rates to lowest in banking system

‘Big Four’ slash deposit interest rates to lowest in banking system

The four biggest banks in Vietnam have strongly cut interest rates for many deposit terms to the lowest levels of the year.
vib provides innovative foreign currency services

VIB provides innovative foreign currency services

Vietnam International Bank (VIB) has been recognised by Global Business Outlook for its innovation in creating unique value with its foreign currency services for individual customers.
addressing power shortages a prerequisite to economic stability

Addressing power shortages a prerequisite to economic stability

The international community is calling for the country to ensure sufficient and stable power for production, investment, and maintaining its economic stability.
real estate grapples with new focus

Real estate grapples with new focus

Real estate insiders are predicting a strong end to 2023 in terms of recovery in various segments, and launches are already underway, but this will occur in tandem with government moves to adjust currently tight regulations on real estate lending.
sustainability based loans the focus for top banks

Sustainability-based loans the focus for top banks

Foreign banks are actively joining consortiums to provide significant loans, particularly in the expanding sustainability arena.
bancassurance difficulties softened by profit results

Bancassurance difficulties softened by profit results

Although a decline in the sale of insurance products through banks has materialised in recent months, the sector remains a lucrative avenue for banks.
shinhan bank vietnam celebrates 30 years in vietnam

Shinhan Bank Vietnam celebrates 30 years in Vietnam

South Korean financial conglomerate Shinhan Bank has marked 30 years of presence in Vietnam and is proud to be a “trusted financial partner” to millions of Vietnamese customers.
mb reveals ambitious roadmap at business forum 2023

MB reveals ambitious roadmap at Business Forum 2023

At the Forbes Vietnam's Business Forum 2023, MB's chairman Luu Trung Thai unveiled the bank's strategic pivot towards digital dominance, forecasting that digital platforms will contribute half of the bank's revenue over the coming four years.