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Search Results: 1,137 results for keyword "banks".
Variables expected to address US policy
16-01-2025 19:00
Amid the strengthening dollar on international markets and USD/VND exchange rates at banks hovering near the upper allowable limit, the State Bank of Vietnam is projected to raise regulatory interest rates to alleviate pressure on foreign reserves.
Banks to comply with biometric changes
15-01-2025 13:00
Foreign banks operating in Vietnam must complete the biometric verification requirement for transferring funds to personal accounts, with all banks aiming to make verification mandatory for corporate clients this year.
PVcomBank delivers outstanding customer experiences
15-01-2025 10:57
PVcomBank has transformed to become one of Vietnam's largest digital banks, delivering outstanding customer experiences.
Banks launch promotions to hail Year of the Snake
09-01-2025 11:08
Banks in Vietnam are trying to attract customers with a variety of promotions at the start of the year.
Ho Chi Minh City needs $25.8 million of capital investment
07-01-2025 10:40
Ho Chi Minh City Finance and Investment State Owned Company (HFIC) and nine banks held a cooperation agreement signing ceremony on January 6 in Ho Chi Minh City to mobilise and promote investment capital for key socioeconomic infrastructure development projects.
Banks expedite massive bond issuances to raise capital before new year
03-01-2025 16:56
Banks are issuing bonds to raise capital at high interest rates, driven by a clear improvement in year-end credit growth and positive forecasts for 2025.
Banks deliver bright profit picture
01-01-2025 10:00
Banks have continued to post promising profits for 2024, buoyed by strong credit growth in the latter half of the year.
Forecast upbeat for banking industry in 2025
27-12-2024 16:22
Commercial banks' pre-tax profits in 2025 are forecast to grow by 14.9 per cent year-on-year, while bad debt has peaked and is expected to decrease next year.
Preventing downturn the nucleus of reform
24-12-2024 18:00
Banks are racing to increase capital to match the new regulations on the minimum capital adequacy ratio, and meet conditions for cash dividend payments.
Strict management needed for bank capital increases
24-12-2024 16:34
Capital increases at banks may pose risks of manipulation and cross-ownership among closely related companies if management is lax.
Bank transfers lead to rebranding phase
19-12-2024 09:00
Vietnam’s banking landscape is being reshaped by mandatory transfers, marking a pivotal step in stabilising weak banks and strengthening the sector.
Ownership of financial groups comes to fore
18-12-2024 11:34
The formation of financial business groups with banks at the core is set to dominate, but complex cross-ownership and capital being diverted to so-called backyard companies is still causing a headache for state authorities.
Banks face difficulties in balancing capital raising and lending
13-12-2024 11:47
Banks often use their charter capital to compensate for a capital shortage, as lending exceeds capital raising.
Additional cross-border deals depend on stronger reforms
12-12-2024 11:23
With the restructuring of the credit institution system associated with bad debt handling, the country is expected to witness a rise in mergers of weak banks and an open door for more strategic foreign investment.
Standout features established in e-payment decree
11-12-2024 14:00
Decree No.52/2024/ND-CP, regulating non-cash payments, provides a clear definition for electronic money in Vietnam as “the equivalent value in VND stored electronically”, based on pre-paid funds provided to banks or payment service organisations offering electronic wallet services. These regulations have far-reaching implications for all stakeholders in the payment industry.
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