27-08-2014 13:20
Deputy General director of the State Bank of Vietnam’s Credit Information Centre Nguyen Huu Duong reaffirms the need to implement an effective internal credit rating system to help banks boost lending.
26-08-2014 13:30
KPMP Limited and the State Bank of Vietnam today co-organised the seminar “Basel II Implementation: Experience from commercial banks and view from the Central bank” at Melia Hanoi Hotel.
14-08-2014 09:41
Africans have long used technology developed abroad, but now a Kenyan cash transfer network which bypasses banks is being adopted in Europe.
12-08-2014 19:24
Getting unsecured loans from banks has proven a headache for firms, despite the State Bank of Vietnam’s recent order that banks develop a corporate credit rating system to make it easier for them to access bank capital.
12-08-2014 08:24
In an effort to tighten management on foreign currency, on August 1 the State Bank of Vietnam issued Circular 16/2014/TT-NHNN regarding the use of current accounts in foreign currency by residents and non-residents at permitted banks and the use of VND current accounts by non-residents and foreign individual residents.
11-08-2014 18:13
Despite complaining about low lending rates, banks have performed strongly in the first six months of this year.
11-08-2014 18:08
State Bank of Vietnam Deputy Governor Nguyen Phuoc Thanh recently stressed the need for local credit institutions to develop a corporate credit rating system to boost credit growth, but banks need to do better at mitigating their risk to control bad debts.
07-08-2014 14:57
Citi Vietnam has been recognised as “Best Corporate/Institutional Internet Bank in Vietnam by Global Finance magazine’s 2014 World’s Best Internet Banks competition, for the third consecutive year.
06-08-2014 14:56
Hanoi - The Prime Minister Nguyen Tan Dung told the State Bank of Viet Nam to increase supervision at credit institutions to ensure a safe and sound monetary system.
05-08-2014 08:45
The prestigious financial magazine, The Banker, has listed eleven Vietnam banks in its recently published Top World Banks ranking for 2014, affirming the country as a leading financial centre in Southeast Asia.
04-08-2014 18:48
Vietnam’s small and big banks alike have been trying to raise their registered capital to increase their financial capacity and/or avoid being merged and acquired, but many have failed.
01-08-2014 08:40
Hanoi - Gold loans at 10 commercial banks in HCM City stood at 157,317 taels by the end of June, representing an 11 per cent decrease over last June.
31-07-2014 09:04
Cross ownership and excessive ownership has put banks into deep hardship and M&A seems to be the only way out.
29-07-2014 09:24
Hanoi - By the end of this year, account holders at five commercial banks in 18 cities and provinces across Viet Nam will be able to pay their taxes online.
09-07-2014 15:08
Three major Vietnamese joint stock banks have posted or are expected to post strong business results for the first half of 2014.