04-10-2024 16:25
The People's Bank of China unveiled a significant package of support in late September, the largest since the Covid-19 pandemic, which includes cuts to key interest rates, reductions in mortgage rates, and decreased payment requirements for second-home purchases.
04-10-2024 14:36
Several banks have granted borrowers affected by Typhoon Yagi and its aftermath interest waivers or reductions, as well as support for obtaining new loans.
04-10-2024 10:35
Commercial banks in Vietnam are grappling with rising loans and regulatory gaps, especially concerning debt recovery and managing real estate collateral, and highlighting the urgent need for clearer guidance on land use and leasing.
04-10-2024 10:30
The recent decline in exchange rates will provide the State Bank of Vietnam with more room to adjust interest rates in a way that benefits credit growth and stimulates economic expansion.
04-10-2024 10:02
Bank representatives have emphasised the urgent need to unlock capital flows in the corporate bond market during the final quarter of the year.
03-10-2024 16:30
Cake by VPBank was named Technology Bank of the Year at the Better Choice Awards 2024 on October 2 in Hanoi.
03-10-2024 10:49
BAC A BANK will offer 15 million new bonds to the public from October 7 in its second public offering with a total value of VND1.5 trillion ($62.5 million).
30-09-2024 16:12
While 5G commercialisation is expected to open more opportunities for the banking sector, various issues remain. Nguyen Quoc Hung, vice chairman of the Vietnam Banks Association, spoke with VIR’s Minh Anh about the current driving forces.
27-09-2024 20:13
The Asian Development Bank (ADB) approved a $2 million grant on September 27 to assist the government of Vietnam in providing emergency and humanitarian services to residents affected by the super Typhoon Yagi in the northern region of the country.
26-09-2024 20:30
The decision to cut interest rates by 50 basis-point in last week's Fed meeting is expected to have several positive impacts on the Vietnamese economy, specifically by alleviating exchange rate pressures and allowing the State Bank of Vietnam to implement a more accommodative monetary policy.
26-09-2024 20:13
Credit capacity, low interest rates, and comprehensive digital transformation are key areas that Vietnam's commercial banking system must focus on to break into Asia's top 100 banks.
26-09-2024 20:02
The Asian Development Bank (ADB) projects a positive economic outlook for Vietnam, forecasting its GDP growth at 6 per cent in 2024 and 6.2 per cent in 2025.
26-09-2024 10:58
HDBank has strengthened its existing collaboration with Proparco by securing a new credit facility of $50 million towards its sustainable development targets.
24-09-2024 18:48
The Commonwealth Bank of Australia (CBA) has sold approximately 5 per cent of the shares on issue in VIB via the Ho Chi Minh Stock Exchange.
24-09-2024 15:00
BAC A BANK has been going from strength to strength over the past three decades, with great achievements made but even brighter prospects still to come.