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Search Results: 7,454 results for keyword "bank".
Banks to soon complete Basel III international standards
05-09-2022 09:00
Though there are currently no regulations that require the application of Basel III international banking standards, some banks have pioneered the implementation of the norms and are expected to complete the work soon.
Central bank forecast to expand credit growth to 16 per cent
03-09-2022 13:08
The State Bank of Viet Nam (SBV) might have to extend credit growth for the whole year 2022 to 16 per cent and grant more credit quotas to commercial banks in the near future as the pressure to loosen the credit room is strong, analysts forecast.
Clearer regulations a wise move for corporate bonds
31-08-2022 12:36
Over the last 12 months real estate stocks, which have about 22 per cent of the total VN-Index weighting, outperformed bank stocks, which have about a 30 per cent weighting.
Charter capital boost offers new credit room
31-08-2022 09:00
A handful of credit institutions are raising their charter capital in a bid to strengthen their financial buffer and competitiveness, while maintaining their capital adequacy ratio as required by regulators.
Lenders juggle with tax info obligations
30-08-2022 09:00
Cybercriminals and the exposure of account information remain significant barriers for all stakeholders, with commercial banks now required to identify and collect holding information of customers to relevant authorities in a bid to fulfil tax obligations.
MB builds future workforce by attracting overseas Vietnamese talents from the US
29-08-2022 19:12
MB Bank and the Association of Vietnamese Youth and Students in the United States (AVSPUS) have established a collaboration in the recruiting and connecting of Vietnamese talents in the United States. The two parties inked a cooperation agreement in Washington, D.C., in the presence of a representative from the Vietnamese Embassy in the US last week.
Standard Chartered expects Vietnam’s recovery to stay strong in August
29-08-2022 12:07
In its latest Global Research report on Vietnam, Standard Chartered Bank anticipates Vietnam’s economy to see a continued recovery in August, as the economic revival has shown signs of broadening.
Firm grasp of rules crucial in handling customer info
29-08-2022 08:00
The State Bank of Vietnam has issued a formal request to credit institutions and foreign bank branches for cooperation and information sharing with tax administration organisations. Le Khanh Lam, tax partner at RSM, discussed with VIR’s Le Luu how banks and tax agencies can harmonise the fresh legislation, and how barriers can be overcome without compromising customers’ rights.
M&A in banking industry expected to stay high in H2
28-08-2022 12:13
Mergers and acquisitions (M&A) in the banking industry are expected to remain high for the rest of the year as the industry continues the digital transformation process, according to experts.
Seamless, digital-first experience for import-export businesses on BIZ MBBank
25-08-2022 16:42
BIZ MBBank's international money transfer services and online foreign currency sales are gaining ground thanks to the bank's customer-centric approach and cutting-edge offerings.
Racing to top Vietnam's stock market
25-08-2022 13:31
Recent investigations, the tightening of capital market regulations by the government, and global economic uncertainty have led to a significant correction in Vietnam’s stock market. However, Maybank Investment Bank contends that the robust fundamentals underpinning Vietnam’s capital markets and its economy remain intact.
Shares rebound on banking, mining and securities stocks
24-08-2022 22:56
Stocks recovered on Tuesday, bolstered by the growth of the banking, mining and securities stocks groups.
The importance of mutual respect and face-to-face talks for strategies in M&A
24-08-2022 18:00
The Vietnamese government is now working to reorganise weak financial institutions, as well as implement equitisation of state-owned banks. Yoshizawa Toshiki, board member at Orient Commercial Joint Stock Bank, told VIR’s Luu Huong how the wave of tie-up deals could expand significantly if local authorities could lift the foreign ownership limit.
Weaker banks on radar of major lenders
24-08-2022 16:00
The prospect for bank mergers and acquisitions in Vietnam is accelerating, notably the purchase of struggling credit institutions for the sake of reorganisation.
Inflation risks pose questions for exchange rate policy
24-08-2022 10:59
In response to the recent Fed’s interest rate hike, the State Bank of Vietnam is predicted to tighten its monetary policy in an attempt to curb inflation, with a focus on controlling the exchange rate.
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