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Search Results: 2,239 results for keyword "banks".
Top lenders latch onto fintech future
15-08-2019 15:49
Banks and investment funds are racing to partner up with fintech businesses in their quest towards digitalisation.
Banks keen on green projects
13-08-2019 09:30
Green credit is a trend in the global banking and finance industry and more Vietnamese banks are following suit.
Bancassurance becomes main service earner for banks
11-08-2019 10:44
Instead of the modest contribution made previously, the insurance business segment, or bancassurance (banks co-operate with insurers to sell insurance products), has now become the main source of income from service activities for many banks.
Reference exchange rate adjusted down for second day on August 9
09-08-2019 17:21
The daily reference exchange rate was set at 23,102 VND per USD on August 9, down 5 VND from the previous day (August 8).
Staff fleeing banks by the thousands
06-08-2019 09:34
In addition to fluctuating business performance, 2019’s first half also saw thousands of staff leave from some banks.
Banks unexpectedly cut lending rates to aid businesses
02-08-2019 09:41
Some banks have unexpectedly announced they would cut interest rates on Vietnamese dong loans in the Government’s priority sectors to support firms in 2019, starting from today.
Banks step up bad debt recovery in 2019
31-07-2019 10:34
Some banks have recovered trillions of Vietnamese dong in bad debt by selling off assets secured with non-performing loans in the first half of 2019.
Lists of compulsory non-cash transactions announced
30-07-2019 10:53
Authorities have announced a list of transactions that will have to be made via banks in some areas in a move to boost non-cash payments.
Fintech-driven lending to alleviate SME financing gap
22-07-2019 09:15
Vietnamese small- and medium-sized enterprises now have a new option for working capital loans, driven by a partnership between banks and fintech companies. Dr Sian Wee Tan and Vihang Patel, cofounders of Singaporean fintech firm Finaxar, which just launched its Vietnam subsidiary Finaxar VN LLC, talked to VIR’s Nam Phuong about this new lending model and why it is different from other offers in the Vietnamese financial market.
Commercial banks recorded strong growth in first half of 2019
20-07-2019 08:05
A number of commercial banks have disclosed positive results for the first six months of 2019.
Foreign currency lending abolished – impact on enterprises
19-07-2019 14:47
Enterprises can borrow money in Vietnamese dong (VND) and then purchase foreign currency for payment when they need the capital to import input materials, say commercial banks.
Foreigners legible to make term deposits at local banks
15-07-2019 21:37
Resident and non-resident foreigners in Viet Nam are still permitted to make term deposits at local banks despite some banks saying they would not accept savings deposits from individual foreign customers, the State Bank of Viet Nam has said.
Commercial banks provide loans for green energy projects
03-07-2019 10:42
Commercial banks are offering more low-interest loans with long repayment terms for household solar-energy projects.
VN stocks slip as economic worries return
02-07-2019 16:40
Vietnamese shares dropped on Tuesday morning, dragged by banks, petro firms and real estate companies.
Banks boost retail lending for solar energy
25-06-2019 08:15
Banks in Vietnam race to offer loans for household solar energy projects, using low interest rates and long repayment periods as incentives.
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