Advanced search
Search Results: 7,454 results for keyword "bank".
Fed prepared to raise interest rates 'aggressively:' Powell
22-03-2022 12:00
The US central bank is prepared to raise interest rates by bigger steps than the quarter-point hike announced last week if that is what's needed to contain "much too high" inflation, Federal Reserve Chair Jerome Powell said Monday.
PVcomBank and Vemanti Group sign inclusive digital banking cooperation agreement
22-03-2022 10:52
On March 21, the PVcomBank and Vemanti Group from the US signed a cooperation agreement on developing and providing a digital banking platform tailored for small- and medium-sized enterprises (SME).
SMBC terminates strategic alliance with Eximbank
21-03-2022 15:58
The Japanese financial giant Sumitomo Mitsui Banking Corporation (SMBC) announced its exit from Vietnam's privately-held lender Eximbank on March 18.
VIB raises $260 million in loan agreement
21-03-2022 08:05
The Asian Development Bank (ADB) and Vietnam International Bank (VIB) have announced a $260 million syndicated loan agreement to enhance financing for small- and medium-sized enterprises (SMEs), private businesses, and individual customers.
Banks ensure fuel firms have access to more credit
17-03-2022 21:43
The State Bank of Vietnam (SBV) has issued Document No 1509, asking commercial banks to raise credit limits for a number of fuel firms, particularly those who import extra fuel at the request of the Ministry of Industry and Trade (MoIT).
Southeast Asia’s road to recovery
17-03-2022 10:21
Before the pandemic struck, Southeast Asia had been a global success story in fostering growth and reducing poverty. Ramesh Subramaniam, director general of the Southeast Asia Department of the Asian Development Bank, discusses how the region can now begin to recover with more buoyant growth.
VIB steady on the journey to become leading retail bank
16-03-2022 16:30
At its annual general meeting (AGM) held on March 16, VIB approved the plan to distribute bonus shares at 35 per cent to existing shareholders, increase its charter capital to more than $913 million, and have a profit target of $456.5 million for 2022.
MB likely to acquire OceanBank in a no-cost deal
16-03-2022 16:15
MB held a conference on March 15 to present details on the bank's current status, as well as its strategic approach for the future.
Banks steady as profits keep rolling in
16-03-2022 10:00
Commercial banks in Vietnam are expecting to reap excellent profits thanks to their broad range of financial services and elevating credit demand, particularly as the upheaval triggered by the pandemic has abated.
AIA Vietnam and VPBank strengthen long-term strategic partnership
15-03-2022 17:21
AIA Vietnam and VPBank on March 15 announced that the former has extended its long-term strategic partnership with the latter for four more years.
Consumer finance in sights of megabanks
15-03-2022 09:00
The consumer finance industry in Vietnam continues to be buffeted by pandemic-induced turmoil, but certain overseas investors are seeking novel responses to capitalise on the country’s tremendous promise.
Gender equality deemed essential towards building sustainable society
15-03-2022 00:00
In many cultures across the globe, gender equality is deemed crucial when building a sustainable society. VIR's Hong Dung spoke with Michele Wee, CEO of Standard Chartered Bank Vietnam (SCBVL), about the role of women in driving development and promoting gender equality and the bank's achievements in its gender equality agenda.
SBV to establish new State Foreign Exchange Reserve Management Department
14-03-2022 17:07
The State Bank of Vietnam (SBV) intends to establish the State Foreign Exchange Reserve Management Department due to the rise in foreign currency reserves.
Higher oil prices temporarily supports Malaysia's economy: economist
12-03-2022 12:24
The Russia-Ukraine tension appears to benefit Malaysia's position as a net oil exporter and the sharp rise in oil prices will provide temporary support for the country's fiscal position, according to World Bank senior country economist Shakira Teh Sharifuddin.
Nearly 6.4 million households become beneficiaries of policy credit
10-03-2022 09:20
Despite the surging outstanding loan balance of policy credit programmes, debt quality across the Vietnam Bank for Social Policies (VBSP) system continues to be stable, with overdue and frozen debt accounting for a mere 0.7 per cent of total outstanding loans.
Mobile Version