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Search Results: 2,240 results for keyword "banks".
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.
Calls for FOL to be relaxed
23-01-2019 09:00
State-owned commercial banks are calling for further relaxations on their foreign ownership limit this year.
Bank, petro stocks lift market but liquidity remains modest
21-01-2019 13:13
Vietnamese shares advanced on Monday morning, driven by banks and energy firms amid low trading liquidity.
Credit growth moderation positive for Vietnam’s banks: Moody’s
16-01-2019 08:49
A moderation in Vietnamese banks’ credit growth is a positive for their asset quality and capitalisation, Moody’s Investors Service said in a recent report.
Large banks cut lending interest rate to aid businesses
10-01-2019 22:11
On Wednesday, four State-owned banks said they would cut interest rates on đồng loans in the Government’s priority sectors to support firms in 2019, starting from Thursday.
Banks brace for tough year as Basel II looms
10-01-2019 11:08
Banks in Vietnam are expecting a tough year ahead as Basel II looms near and retail profits tighten.
Central bank resumes dollar purchases to build up foreign reserve
09-01-2019 14:35
The State Bank of Viet Nam (SBV) has resumed the purchase of US dollars from commercial banks after a six month break thanks to favourable conditions in the country’s foreign exchange market.
Large banks concerned about raising capital
08-01-2019 11:31
State-owned banks are struggling to raise capital to improve their capital adequacy ratio (CAR) in line with Basel II requirements.
Cash withdrawal limit in foreign countries set at VND30 million
07-01-2019 14:42
Commercial banks have to adjust the limit of cash withdrawals in foreign currency abroad to the maximum equivalent of VND30 million (US$1,280) per day for international credit and debit cards from early this year to meet a central bank regulation.
New circular on securities-related service prices
05-01-2019 11:56
The Ministry of Finance has issued new securities-related service regulations for trading organisations and commercial banks doing business in Vietnam’s securities market.
Lenders upgrade with digitalisation
04-01-2019 08:00
The face of retail banking in Vietnam is changing due to digitalisation, prompting banks to restructure themselves in a way to meet the demands of customers and bringing the payment experience to a whole new level with their virtual facilities.
USD/VND rate remains under control in 2018
29-12-2018 10:57
Commercial banks have consecutively lowered the value of the US dollar against the Vietnamese dong during the final days of 2018, helping the USD/VND exchange rate close the year under control.
Higher limits could help end loan-sharking: experts
27-12-2018 15:34
Increasing the limits of unsecured loans given by banks will prevent people from approaching loan sharks, an online conference hosted by the State Bank of Viet Nam (SBV) heard on Wednesday.
Embracing new internal audit standards in banks
24-12-2018 21:11
Circular No.13/2018/TT-NHNN, along with international practices in internal audit (IA) and risk management (RM), creates many challenges for IA functions at banks. However, it is also an opportunity for bank leaders to better understand the importance of this function. VIR interviewed Xavier Potier, risk assurance director, and Mai Tran Bao Anh, financial services assurance senior manager at PwC Vietnam, to find out more.
Black market vendors stain New Year rite
21-12-2018 09:00
Over the past few years, the State Bank of Vietnam has been setting aside great amounts of fresh bills to meet the local demand of giving banknotes to children and donating money to temples for the New Year, allowing people to exchange banknotes without a surcharge at commercial banks.
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