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Search Results: 2,206 results for keyword "banks".
Commercial banks boost retail banking segment by adjusting service fees
05-03-2018 14:55
Commercial banks have adjusted their service fees to individual customers since beginning of the year in order to focus on the retail segment.
Banks need to recruit more employees to expand operations this year
05-03-2018 14:38
Many banks throughout the country need to recruit more employees for their newly opened branches this year or to replace staff members who quit their jobs before Lunar Tet holiday.
Deposit security to seize top spot on upcoming bank AGM agendas
03-03-2018 16:52
Following the incident of “vanished” savings at Eximbank, deposit security will likely be in the limelight at Vietnam-based banks’ upcoming annual general shareholders’ meetings (AGM), rather than the previous issues, such as dividend payment and non-performing loans.
Small banks holding breath for upcoming AGMs
03-03-2018 16:38
With the season of banks’ annual general meetings (AGMs) approaching, small-scale banks are distressed over countless issues, such as failing to reach 2017 targets, the alarmingly high rate of non-performing loans, the constant alteration of banks’ key positions, and bottomed-out stock prices.
Fitch upgrades Issuer Default Ratings of Vietnamese banks
03-03-2018 16:19
Fitch Ratings has upgraded the Long-Term Issuer Default Ratings (IDR) of Vietnam’s Military Bank (MB) to ‘Stable Outlook,’ while affirming the IDR of Vietcombank, Vietinbank, and Agribank at 'B+' with a Positive Outlook.
A shake-up in key bank personnel
01-03-2018 14:51
With the 2018 annual general meeting season underway, several changes in key personnel at banks have become a hot topic, especially with the amended Law on Credit Institutions already coming into force.
Banks, oil shares push market up
26-02-2018 17:35
Vietnamese stocks soared on Monday due to strong investor interest in large-cap stocks of the banking and energy sectors, leading to market upturn.
Tighter bank credit to ensure bubble-free market
25-02-2018 10:00
The State Bank of Vietnam has recently ordered commercial banks to lower the percentage of short-term capital used for mid- to long-term loans from 50 per cent in 2017 to 45 per cent in 2018 and 40 per cent in 2019. This new policy is not to curb the growth of real estate credit, but to steer the market onto a more sustainable route.
Vinapharm yet to shine after equitisation
24-02-2018 17:23
Despite receiving strong financial support from leading local banks and having valuable land plots, the performance of Vinapharm—a state-owned pharmaceutical corporation—has not improved much throughout over one year of equitisation.
Alibaba and “40 thieves” move in on e-payments
17-02-2018 08:00
The e-payment market in Vietnam is becoming more competitive than ever, as various fintech providers around the world start flocking to the fast-growing country. This poses a real challenge for commercial banks, who must now adapt to the breakneck development speed of Industry 4.0.
Banks take on wealth management
16-02-2018 09:00
Managing the wealth of well-off people could be a pleasantly profitable business for banks this year, as the number of the rich is growing alongside the strong performance of the local economy. The development of this segment depends on legal backup from the central bank, banks’ competency and capability, and further market expansion.
Central bank injects nearly US$573 mln to support liquidity
10-02-2018 23:25
The State Bank of Vietnam (SBV) made a net cash injection of VND13 trillion (US$572.9 million) into the economy in the past week to support the liquidity of commercial banks.
Overseas remittances heating up for Tet holiday
07-02-2018 14:28
Over the course of January, the total overseas remittances wired from compatriots to families and relatives living in Vietnam saw a notable increase, especially with Tet Holiday just around the corner, offering domestic banks opportunities to foster overseas remittance wiring services, expand revenue, enhance the stability of the VND, and relieve the pressure on the USD/VND exchange rate.
Bitcoin bounces back from three-month low in volatile trade
07-02-2018 13:39
Bitcoin rallied from three-month lows below US$6,000 in choppy trading on Tuesday, but worries lingered about a global regulatory clampdown and moves by banks to ban buying bitcoin with credit cards.
Moody’s shows optimism about bad debt resolution in Vietnam’s banks
05-02-2018 21:48
Some Vietnamese banks have made meaningful progress in the resolution of legacy problem assets, a positive credit for the sector, Moody’s said on Monday.
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