commercial banks finalising senior personnel line up

Commercial banks finalising senior personnel line-up

After holding their general shareholders’ meetings in 2017, many commercial banks have publicised their senior personnel for the new term.
banks seek increased charter capital

Banks seek increased charter capital

It is the bank shareholders meeting season, and topping the agenda, besides the dividend payout ratio, is increasing their regulatory capital. 
shares extend gains on growth of bank stocks

Shares extend gains on growth of bank stocks

Shares extended their rise on Thursday morning, backed by strong growth of banks.
moodys affirms ratings of eight vietnamese banks

Moody’s affirms ratings of eight Vietnamese banks

Moody’s Investors Service on May 3 affirmed the long-term and short-term deposit and, where applicable, issuer and senior debt ratings of eight banks in Vietnam (B1 positive), as well as revised the outlooks for the local currency deposit and local and foreign currency issuer ratings of these institutions to positive from stable.
trump considers breaking up large banks

Trump considers breaking up large banks

NEW YORK: President Donald Trump is reviewing a possible break-up of large US banks, according to a published interview on Monday (May 1).
atm services must be ensured during holiday state bank

ATM services must be ensured during holiday: State Bank

State Bank of Viet Nam (SBV) has urged commercial banks and card issuers to ensure smooth operation of automatic telling machines (ATMs) during the forthcoming Reunification Day (April 30th) and International Labour Day (May 1st).
korean banks expand in vietnam

Korean banks expand in Vietnam

Following Shinhan Vietnam’s successful acquisition of ANZ Vietnam’s retail business, fellow Korean banks have also expanded their sizes and market share in Vietnam, seizing the lead in the foreign bank race on the Vietnamese market. 
small banks working to bolster capital sources

Small banks working to bolster capital sources

Most banks of small and medium size are mulling over scaling up capital sources to boost their financial strength.
banks listing enthusiasm simmers down

Banks’ listing enthusiasm simmers down

Banks are hesitant to go public over the persistent challenging business environment.
markets recover on bank energy brokerage stocks

Markets recover on bank, energy, brokerage stocks

Shares advanced in both local markets on Friday morning, driven by banks, brokerages and energy firms.
handbook helps banks weigh projects

Handbook helps banks weigh projects

The State Bank of Viet Nam has coordinated with the International Finance Corporation (IFC) to prepare a handbook on social and environmental risk assessment for 10 economic sectors serving credit operations of commercial banks.
automation war breaks out among young banks

Automation war breaks out among young banks

Young commercial banks in Vietnam have geared up to automate retail banking services in order to compete with older banks.  
banks aim for high profit in 2017

Banks aim for high profit in 2017

Starting the annual general meeting (AGM) season, several banks have revealed ambitious plans for 2017.
vietnam lucrative for foreign banks

Vietnam lucrative for foreign banks

Last month, United Overseas Bank became the first Singaporean bank to receive an approval to open a wholly-owned subsidiary in Vietnam. The decision was announced by the State Bank of Vietnam (SBV) following Singaporean Prime Minister Lee Hsien Loong’s visit to Vietnam on March 21-24. The bank will be the ninth fully foreign-owned bank in Vietnam.
risk provisions remain principal burden on banks

Risk provisions remain principal burden on banks

Although their business operations have shown brighter prospects and many banks are planning to earn trillions in profit this year, the risk provision pressure remains a significant burden.