09-03-2016 16:03
Commercial banks offloaded a large volume of non-performing loans (NPLs) to the Viet Nam Asset Management Company (VAMC) in 2015 to reduce the bad debt rate to below 3 per cent.
09-03-2016 08:08
Many banks have recently opened numerous branches and transaction offices, causing concerns about safety for the banks and unhealthy competition within the banking system.
08-03-2016 09:35
The amendments to Circular No 36 are meant to urge commercial banks to strengthen the risk management of lending activities, rather than tighten the credit sources for the real estate sector, said Pham Huyen Anh, Deputy Chief Inspector of the State Bank of Viet Nam
04-03-2016 09:06
Asian Development Bank (ADB), Ho Chi Minh City Development Bank (HDBank), and Sai Gon-Ha Noi Commercial Joint Stock Bank (SHB), signed mutually beneficial agreements on March 2.
03-03-2016 09:44
Vietnameses shares extended gains on both local exchanges for a second day yesterday, led by financial firms such as banks and insurance companies.
03-03-2016 09:32
Many banks suffered losses in the foreign exchange market last year, according to their latest financial reports.
26-02-2016 13:57
The HCM City Real Estate Association (HOREA) has proposed the State Bank of Viet Nam (SBV)'s regulations on lending limits and capital adequacy ratio requirements for credit institutions, including branches of foreign banks not be changed at the moment.
24-02-2016 15:58
The issue of cross ownership has hindered Vietnam’s banking industry over the last ten years, causing damage to and threatening the stability of the local banking system. In spite of vigorous efforts by the State Bank of Vietnam (SBV) to deal with the issue and efforts by certain banks to reduce cross ownership to a level congruent with law, cross ownership continues to pose a serious threat to the Vietnamese banking system. Banking expert Nguyen Tri Hieu comments.
24-02-2016 09:15
Individuals as well as small and medium-sized enterprise are apprehensive loan interest rates could rise since banks have kept hiking deposit interest rate since the end of last year.
18-02-2016 10:35
Local commercial banks are offering diversified promotion programmes to attract depositors at first working days after Tet (Lunar New Year).
17-02-2016 14:08
The State Bank of Viet Nam (SBV)'s recent proposals on tightening lending rules would benefit local banks, the rating agency Moody's said on Monday.
04-02-2016 15:30
The State Bank of Viet Nam has told commercial banks to accord top priority to supplying cash at automatic telling machines (ATMs) during the Tet (Lunar New Year) holiday.
02-02-2016 10:19
Vietnamese shares retreated yesterday from Friday gains on both local markets as fears that the Vietnamese dong may weaker hurt financial firms.
02-02-2016 10:00
Commercial banks have put on many promotional programmes for their money transfer services leading up to Tet (Lunar New Year) holiday.
26-01-2016 09:24
Commercial banks cut the exchange rate of the United States (US) dollar against the dong by VND30 to VND40, bringing it to its lowest level in the past three months.