risk provisions and bad debts eat up bank profits

Risk provisions and bad debts eat up bank profits

While banks have been able to control their non-performing loans ratio well below the 3 per cent threshold, the potentially irrecoverable debt fraction has, conversely, edged up among local banks.
vietnamese banks catching up with regional peers in service quality

Vietnamese banks catching up with regional peers in service quality

The country awards that Vietnamese banks received at the Asian Banker Summit award ceremony held on May 10 evening is confirmation of the effort they made to improve their products and services, according to deputy governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong.
local banks queue up for bourse listing

Local banks queue up for bourse listing

Banks are rushing to get listed on the stock exchange this year, as ordered by the State Bank of Vietnam.
sbv welcomes foreign investors in banking sector

SBV welcomes foreign investors in banking sector

The State Bank of Vietnam (SBV) hopes to see more involvement by foreign investors in the restructuring of domestic banks.
taiwans htc banks on new phone virtual reality as sales plunge

Taiwan's HTC banks on new phone, virtual reality as sales plunge

"We are actually quite hopeful that the HTC 10 will bring back the momentum," HTC's chief financial officer Chialin Chang said.
banks slash interest rates

Banks slash interest rates

Various banks have reduced their lending rates in response to the prime minister’s recent meeting with the business community.
hoi an ancient town in 360 degree panorama pictures

Hoi An ancient town in 360-degree panorama pictures

In a beautiful serene location nestled on the banks of the Thu Bon River, Hoi An offers tourists a relaxed atmosphere with low, tile-roofed houses and narrow streets. Let’s check out the amazing Hoi An through 360-degree panoramic photos.
banks continue to boost local markets

Banks continue to boost local markets

Vietnamese shares rose on both local markets on Friday morning as banks continued to increase on foreign purchases.
shareholders grow weary of bank shares

Shareholders grow weary of bank shares

Banks disappointed shareholders by offering dividend payout in the form of shares rather than in cash.
vn stocks mixed insurance firms banks advance

VN stocks mixed, insurance firms, banks advance

Vietnamese shares were mixed on the two local bourses this morning, even as insurance companies and banks made good gains.
banks meet with potential recruits at banking academys job fair

Banks meet with potential recruits at Banking Academy’s job fair

As many as 20 companies, mostly banks, had the chance to directly interact with prospective employees at Banking Academy’s job fair this morning.
banks equity up assets down

Banks' equity up, assets down

The combined equity of all lenders in the domestic banking system reached nearly VNĐ580.3 trillion (US$25.8 billion) ending January, an increase of VNĐ2.3 trillion over the end of 2015.
banks ask sbv to delay stricter rules

Banks ask SBV to delay stricter rules

Commercial banks are recommending that the State Bank of Viet Nam (SBV) delay tightening of lending rules, as it could face difficulties once it takes effect on January 1, 2017.
heart of ho chi minh city to get 135 billion rejuvenation

Heart of Ho Chi Minh City to get $1.35 billion rejuvenation

The Ho Chi Minh City People’s Committee has recently green-lighted a $1.35-billion residential township that will transform Ba Son port along the Saigon River’s banks into a modern megacity.
novartis to part with roche

Novartis to part with Roche

Swiss drug-maker Novartis is working with investment banks to line up potential buyers for its 13.5 billion francs’ ($14 billion) worth stake in Roche, according to Swiss newspaper Sonntagszeitung.