27-09-2018 10:53
Australia's scandal-plagued banks are braced for "judgement day", as a public inquiry into industry misconduct prepares to publish its initial findings after months of damning customer testimony.
26-09-2018 17:44
Several commercial banks have unexpectedly cut deposit interest rates by 0.1-0.2 percentage points per year due to limited credit growth.
24-09-2018 12:30
PwC Vietnam and SAS Malaysia last week held workshops in Hanoi and Ho Chi Minh City to support Vietnamese banks in preparing for the implementation of International Financial Reporting Standards (IFRS) 9.
18-09-2018 13:52
Despite high incomes, top-level bank personnel are witnessing rapid face changes this season.
18-09-2018 10:09
The General Department of Customs (GDC) announced another four banks that qualify to provide its 24/7 e-tax payment scheme, raising the total to 22 banks.
05-09-2018 18:03
Foreign players are eager to join Vietnam’s lucrative fintech market, while local banks have been scaling up co-operation with fintech firms to avail themselves of Industry 4.0 opportunities.
04-09-2018 11:37
The Government is directing ministries and agencies to raise capital for State-owned commercial banks through the use of dividends or share sales this year, Deputy Prime Minister Vuong Dinh Hue said at a recent meeting.
01-09-2018 09:15
Banks are confident in reaching their full-year profit targets albeit the central bank is unlikely to loosen banks’ credit growth limit in the second half.
30-08-2018 12:30
There has been great variations in small-scale banks’ bad debts performance in the first half of the year, with some showing great improvements, while others struggle to cope.
28-08-2018 11:19
Many commercial banks have recently increased deposit interest rates, but experts forecast that the rise will last only a short time and won’t have a domino effect on lending rates.
28-08-2018 10:08
Local credit institutions might struggle more in the second half of the year, with some even having to downsize full-year profit targets, as they are approaching the credit growth limit and the central bank refuses to allow more leeway to maintain macroeconomic stability.
25-08-2018 10:30
The Government will continuously fine-tune legal regulations to encourage and popularise the payment of public services through banks, deputy governor of the State Bank of Viet Nam (SBV) Nguyen Kim Anh said at a forum on accelerating the payment of public services via banks held in Ha Noi on Friday.
24-08-2018 11:11
Experts have agreed with the Government’s plan to restrict or even stop licensing wholly foreign-owned banks in Vietnam, saying it was necessary to help increase the stability of the domestic banking system.
23-08-2018 15:00
By slashing state ownership at three state-owned banks, the Vietnamese government is taking a progressive step in its quest to perk up the banking system, bring it up to regional standards, and prepare for the banks to be listed on international stock exchanges in the near future. Trang Nguyen and Nam Phuong report.
22-08-2018 17:42
The current challenges brought about by changes in the business environment and increasing requirements of risk management regulations have promoted banks, including Eximbank, to synchronise particular products.