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Search Results: 2,206 results for keyword "banks".
Credit institutions and foreign banks to submit bad debt plans
22-04-2016 15:09
The State Bank of Viet Nam (SBV) has requested credit institutions and foreign banks to intensify their credit quality and bad debt management and submit their bad debt handling plans.
Local banks miss the mark on yearly targets
13-04-2016 11:26
While banks have revealed optimistic profit targets for 2016, actual figures may be more modest due to the risk provisions banks must set aside likely eating into their earnings.
Italy launches US$5.7b fund to tackle bad debts
12-04-2016 10:48
Italy announced the creation of a €5-billion (US$5.7 billion) fund on Monday to take on bad loans and guarantee that weakened banks can be recapitalised, financial news agency Radiocor reported.
IMF defends negative interest rates despite risks
11-04-2016 09:31
The IMF on Sunday defended negative interest rates set by central banks, given "significant risks" of slow growth, while acknowledging potential for dangerous boom-and-bust cycles.
Grocery boats on Da River
08-04-2016 09:39
People living along the banks of the Da River in the north have been familiar with large grocery boats loaded with various types of goods, from daily necessities such as rice, sugar and salt to household appliances, agricultural and fishing tools for sale to ethnic minority people.
Panama Papers: Banks dismiss claims they helped hide money
06-04-2016 16:24
Global banks have rejected reports that they helped their clients hide money from tax authorities.
Banks take out int'l loans to meet long-term needs
30-03-2016 14:24
Some commercial banks have recently taken international loans to meet their long-term capital demands.
Banking sector to see more M&As in 2016
28-03-2016 21:16
As the season of annual shareholders’ meetings is coming, banks’ shareholders are looking forward to more mergers and acquisitions in the sector.
Sand mining meets with public outrage in Vietnam’s Mekong Delta
28-03-2016 08:53
Excessive sand mining along the banks of the Hau (Back) Bassac River in Vietnam’s Mekong Delta region has caused massive soil erosion in the area, enraging riverside residents.
Vietnamese banks enhanced transparency in 2015: Moody's
26-03-2016 13:35
The 2015 results of Vietnamese banking testified to an ongoing process of recognising and cleaning up problem assets, a credit positive, Moody's said in a new report released midweek.
Banks to see changes in high personnel
21-03-2016 18:36
As the process of restructuring the banking sector is coming to an end, with the number of banks expected to decrease to 15, according to the State Bank of Vietnam (SBV)’s plans, monetary institutions with bad business results and increasing bad debts to restructure are going to see a lot of changes in high personnel.
Regulations slow liberalisation plans
21-03-2016 10:04
Interest rate liberalisation is an important part of financial reform, promoting safer and more efficient financial markets. It has three components: the introduction of market-driven, competitive deposit rates; the establishment of a legal structure that allows banks to default; and a deposit insurance scheme.
Financial stocks help VN shares bounce back
17-03-2016 09:47
Vietnamese shares yesterday rebounded on both local markets from Tuesday's falls, led by financial stocks, including banks, insurance companies and brokerage firms.
Vietinbank inked $200 million syndicated loan agreement
12-03-2016 15:34
Vietnam's second-biggest lender in terms of assets, Vietinbank, signed a $200 million syndicated loan agreement with 18 foreign banks in Taipei yesterday. The deal was arranged by BNP Paribas SA and Taipei Fubon Commercial Bank Co Ltd.
Short-term deposits hit 5.5% cap chasing long-term highs
11-03-2016 16:39
After pushing long-term rates to a two-year high of 8.38 per cent, some commercial banks continue to raise short-term deposits to the 5.5 per cent cap.
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