24-02-2014 08:35
High non-performing loan ratios are continuing to cause expenses for banks as they are forced to invest in provisions. Larger banks particularly are finding it difficult to both battle bad debt and achieve profits.
19-02-2014 09:21
The dollar weakens against the euro under pressure from disappointing data, while the yen tumbles after the Bank of Japan extend a special lending scheme for banks.
10-02-2014 15:12
The incoming head of Europe's new single banking supervisory authority has warned that weak eurozone banks will be allowed to fail following upcoming stress tests, in an interview in Monday's Financial Times.
29-01-2014 12:20
While the State Bank and commercial banks have attempted to tackle non-performing loans, the risk of bad debts increasing in the future remains.
22-01-2014 08:52
The State Bank of Viet Nam (SBV) recently instructed credit institutions to continue to ease access to loans for enterprises by lowering interest rates, in a bid to assist struggling businesses and guarantee efficient bank operations this year.
20-01-2014 14:49
Some banks have complained that clients take loans and chase higher interest accounts at other banks.
15-01-2014 14:53
The State Bank of Vietnam has confirmed it will not delay the implementation of Circular 02/2013/TT-NHNN on the classification of debts slated to take effect on June 1, though banks have warned the move might create a domino-chain collapse of the banking system.
15-01-2014 14:40
Bank executives are mulling ways to achieve credit growth this year amid a continuing tough business climate.
07-01-2014 12:00
This morning, the Ho Chi Minh City People’s Court opened a hearing for a 36-year-old woman and her 22 accomplices involved in a striking swindle case in which they appropriated nearly VND4 trillion (US$188.7 million) from many individuals and banks.
06-01-2014 10:45
Despite commercial banks having faced difficulties in profiteering from forex trading activities in recent years due to the State Bank of Vietnam’s commitment to maintain a stable exchange rate, experts claim options are still available for investment in the market.
30-12-2013 15:35
Instead of offering cheap loans to all potential clients to simulate credit growth as had been done in 2012, commercial banks towards the end of this year are instead targeting clients with specific credit packages.
30-12-2013 10:10
The eurozone is finally set to return to growth in 2014 but the single currency bloc may not have put its crisis behind it as efforts to shore up its banks could boomerang.