banks slash deposit rates early march

Banks slash deposit rates early March

Numerous banks are lowering their interest rates for depositors, citing low inflation, an intended drop in lending rates and ample liquidity as major reasons. 
not a good time say banks as central bank urges listing

Not a good time, say banks as central bank urges listing

Although the State Bank of Viet Nam (SBV) has been pushing joint stock banks to list on exchanges, the progress has remained slow.
usd rates rise as fed meeting nears

USD rates rise as Fed meeting nears

US dollar rates soared at local commercial banks yesterday, continuing the trend from last week.
15 banks offer online tax payment service

15 banks offer online tax payment service

Fifteen commercial banks have signed a cooperative agreement with the General Department of Taxation under the Ministry of Finance to offer online tax payment services.
project to improve management at commercial banks ratified

Project to improve management at commercial banks ratified

The PM approved a project to train directors for commercial bank branches in the 2015-2017 phase, financed by the Swedish Government through a non-refundable Official Development Assistance (ODA).  
local websites risk attacks through ssl security protocol

Local websites risk attacks through SSL security protocol

Some 255 Vietnamese websites have been attacked through a security hole in SSL protocol, including five sites of government agencies, six of banks and four of telecom companies.
the tranquil beauty of co chat village

The tranquil beauty of Co Chat Village

Nestled on the banks of the gentle Ninh River in Nam Dinh City, the village of Co Chat in Phuong Dinh commune, Truc Ninh district, is famous for its sericulture.
two vietnamese banks listed among top 500 brands

Two Vietnamese banks listed among top 500 brands

The Vietnam Bank for Industry and Trade (VietinBank) and Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank) figure among the world's top 500 banking brands.
hcm city youth call on banks firms to stop funding fossil fuels

HCM City youth call on banks, firms to stop funding fossil fuels

A series of activities on climate change and energy have been launched by 350.org Viet Nam aimed at raising people's awareness about the threat of a carbon bubble.
hcmc banks ensure liquidity for tet

HCMC banks ensure liquidity for Tet

Deputy director of the State Bank of Vietnam’s Ho Chi Minh City branch Nguyen Hoang Minh shares insights with VIR’s Thuy Vinh about the liquidity situation of city-based banks in the period preceding the Lunar New Year as well as the area’s bolstered demand for credit.
banks see liquidity rise despite tet cash demand

Banks see liquidity rise despite Tet cash demand

A surge in deposits during the last few months has helped banks ramp up their liquidity, despite growing demand for Tet cash.
vietnam cbank floats 23bn for new credit package to stir realty market

Vietnam cbank floats $2.3bn for new credit package to stir realty market

The State Bank of Vietnam (SBV) has submitted to the government a plan to set aside VND50 trillion (US$2.3 billion) to support the commercial condo segment by enabling local banks to offer local homebuyers long-term lending at preferential rates, Deputy Minister of Construction Nguyen Tran Nam has told Tuoi Tre (Youth) newspaper.
ecb stops banks using greek debt as loan collateral

ECB stops banks using Greek debt as loan collateral

The European Central Bank on Wednesday (Feb 4) cut off Greek banks' access to a key source of much-needed cash, piling fresh pressure on the country's new government to reach a deal with international creditors.
banks are to set up funds for bad debts

Banks are to set up funds for bad debts

Domestic banks will have to establish provisional funds for bad debts this year with a total value of about VND37.6 trillion (US$1.79 billion).
banks to be allocated credit growth rates

Banks to be allocated credit growth rates

The State Bank of Viet Nam (SBV) will continue to allocate credit growth rates for commercial banks this year, based on the banks' health and business performance.