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Search Results: 2,239 results for keyword "banks".
PwC global experts discuss the future of banking
06-03-2019 17:33
“Banks will need to be on the cutting edge of technology and make sure that customers’ needs are ingrained in every offering,” PwC’s global financial services leader John Garvey advised local bank leaders at “The Future of Banking” event held by PwC Consulting Vietnam in Hanoi today (March 6, 2019).
Local banks continue to appeal to foreign capital
03-03-2019 14:43
With high profitability and a strong rebound, local banks are becoming tempting targets for foreign investors mulling over stake purchase deals.
Banks, insurers boost bancassurance to get returns
03-03-2019 12:02
Banks and insurance companies are ramping up co-operation in selling life insurance products (bancassurance) to cash in on the high growth segment as some have posted annual triple-digit growth rates in the business.
After delays, local banks eye listing
22-02-2019 14:25
Several local banks are reportedly determined to list on stock markets in 2019 after delaying last year.
SBV to change reserve requirement policy
18-02-2019 10:05
The State Bank of Viet Nam (SBV) is planning to change its policy on reserve requirement ratios for credit institutions and foreign banks’ branches for the first time since 2011.
Digital banking: The way forward
18-02-2019 08:43
Technology solutions are transforming every aspect of life, lining up a plethora of services readily available at the swipe of a finger – and banking and finance is a hotbed of such innovation. Do Danh Thanh, technology consulting director at PwC Consulting Vietnam, told VIR’s Hoang Anh how digital banking is an inevitable trend that puts pressure on banks all over the world to transform their traditional operating models.
Banks hold auctions to cut bad debts
15-02-2019 13:45
Some banks are putting assets secured with non-performing loans worth hundreds of billions of Vietnamese dong up for auction in the first days of the Lunar New Year to speed up the resolution of bad debts.
VN Index returns from Tet, aims at 990 points
11-02-2019 10:55
Returning from the one-week Tet (Lunar New Year) holiday, Vietnam’s benchmark VN Index is forecast to grow strongly with banks leading the market upturn.
SBV set to rank local banks, credit institutions
31-01-2019 22:27
The State Bank of Vietnam (SBV) will rank credit institutions and foreign bank branches operating in the country in a move to ensure the safety of the banking system and protect legitimate rights of depositors.
Options open for overseas investors
31-01-2019 11:00
Two of the largest commercial banks in South Korea, Shinhan Bank and Woori Bank, have established 100 per cent subsidiaries in Vietnam, growing into successful foreign lenders with increases in deposits and loans.
Piggy banks popular in Year of the Pig
29-01-2019 11:33
As Tet 2019 the Lunar New Year or the Year of the Pig is in the air, pottery kilns in Lai Thieu Pottery Village in Binh Duong Province are running in full capacity to fulfill orders for clay piggy banks.
SBV to end cross-ownership in Vietnamese banks
29-01-2019 10:54
The State Bank of Vietnam (SBV) has set a target to stop cross-ownership among credit institutions (CIs) by the end of 2020.
Credit growth quota depends on banks’ health
26-01-2019 11:39
The State Bank of Vietnam (SBV) has said it would continue allocating credit growth limits for commercial bank this year to match the 14 per cent growth target set for the entire banking sector.
Bleak future for e-wallets
26-01-2019 09:00
Lack of infrastructure for mobile payment makes it difficult for e-wallets to lure away cash-on-delivery customers, even with the multitude of promotion campaigns they are running as well as collaborations with other companies and banks. Kim Oanh reports.
EU fines Mastercard US$647 million in anti-trust action
23-01-2019 09:59
The European Union has fined global credit card giant Mastercard €570 million (US$647 million) for limiting competition between banks offering cheaper payment fees.
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