05-07-2014 09:57
Credit growth in the first half of the year was only 2.3 per cent, however, banks still expect the credit will gradually improve in the second half of the year to achieve the annual target of 12-14 per cent.
05-07-2014 08:57
Europe's top banking regulator on Friday called on the region's banks not to deal in virtual currencies such as Bitcoin until rules are developed to stop them being abused.
19-06-2014 19:32
Some commercial banks have cut deposit interest rates by 0.2-0.5 percentage points in the past 10 days to reduce input capital costs and further lower borrowing costs.
10-06-2014 13:46
With bank lending rates falling sharply in recent months, companies should grab this opportunity to borrow to develop their business, analysts said.
05-06-2014 16:28
Hanoi - Commercial banks pushed the US dollar rate to the ceiling on Monday, spurring the central bank to lower its selling price yesterday in a bid to calm the market.
03-06-2014 08:39
The governor of the State Bank of Vietnam (SBV) Nguyen Van Binh said that the SBV and Vietnamese commercial banks will disburse a total VND10 trillion (USD476 million) in support of local fishermen.
26-05-2014 10:16
Though banking sector credit grew slowly in the early months of this year, executives at many banks have said that production-business activities related to import and export have gradually rebounded.
26-05-2014 10:16
The latest figures from the State Bank of Vietnam’s Monetary Policy Department show that as of April 22, total bank deposits had risen 3.09 per cent against the beginning of this year, with dong deposits rising 4.26 per cent but with US dollars down 3.98 per cent.
26-05-2014 10:16
Banks are scaling up efforts to find suitable market segments for business promotion to boost efficiency.
22-05-2014 10:18
The Western Union Company, one of the leaders in global payment services, on 21 May in Vietnam, cooperated with more than 30 banks to bring customers a fast, convenient and reliable service.
20-05-2014 08:46
A group of 21 European central banks said on Monday they have no plans to sell "significant" amounts of gold over the next five years.
19-05-2014 17:00
IFC, a member of the World Bank Group, is helping Vietnamese banks better manage environmental and social risks in their lending operations to improve the sustainability of projects they finance locally and abroad and strengthen their portfolio performance.
19-05-2014 14:13
It appears that many foreign players are mulling alternatives to joining with local partners to bolster efficiency when it comes to mergers and acquisitions in the banking sector.
06-05-2014 14:48
Shareholders in many banks have not received their dividends in recent years though banks have set low rates, but not cut them completely.
30-04-2014 18:03
Banks are showing a bigger appetite for joining with financial entities to tap the potential consumer loan market.