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Search Results: 2,206 results for keyword "banks".
Slowed credit growth stymies banking sector
11-11-2013 10:40
Credit growth has slowed since August this year, despite efforts by banks to reduce lending rates to stimulate demand.
Bad debts cause bank profits to plummet
09-11-2013 10:24
Escalating bad debts are eating up banks’ profits.
New European bank rules should come sooner, says ECB
05-11-2013 09:07
Europe-wide rules for winding up failed banks should be in place by 2015, not 2018 as planned so as to give investors clarity, a top European Central Bank official said on Monday.
JICA to help Vietnam restructure SOEs, banks
31-10-2013 09:30
Japan International Cooperation Agency is prepared for new technical cooperation projects to help Vietnam facilitate its ongoing restructuring programmes.
Economist sounds call for debt trading market
30-10-2013 16:46
Resolving bad debts is central in banking sector restructuring process. Deputy head of Central Institute for Economic Management (CIEM) Vo Tri Thanh highlights the need to swiftly form a debt trading market to spur the process of tackling banks’ bad debts and curtail losses.
Banks await lift in foreign ownership
21-10-2013 10:32
Many banks, including the major ones, are expecting the Government to increase foreign ownership cap in the banking sector and are ready with plans to sell strategic stakes, Vietnam Investment Review has reported.
Banks gear up to disburse trillions of dong by year-end
16-10-2013 09:26
Commercial banks have been trying every possible means to increase the lending, as they only have three more months to obtain the targeted credit growth rate of 12 percent.
Central bank wants bankers to settle gold loans
12-10-2013 10:12
The State Bank of Vietnam has told commercial banks to settle outstanding gold loans early in a push to wipe the slate clean by the end of this year.
Bank rate review
10-10-2013 11:00
As bank credit is showing signs of falling, many banks are trying to lure depositors with higher than regulated interest rates.
Commercial banks queue up to sell bad debts
09-10-2013 15:53
The offers to sell bad debts are coming in thick and fast after the Vietnam Asset Management Company (VAMC) started up and made the first deal with Agribank.
VMAC buys $114 million of Agribank’s bad debts
09-10-2013 11:12
After Agribank’s successful agreement to sell bad debts to the Vietnam Asset Management Company (VAMC), banks nationwide are anxious to do the same.
PM mulling greater foreign interest in banking sector
08-10-2013 12:51
Vietnam’s prime minister has confirmed that in the near future, the country might hike the foreign investment cap on local banks to a maximum of 49 per cent.
Bad debts spell bad news for banks
07-10-2013 10:03
There has been much discussion lately about non performing loans (NPL) and whether or not Vietnam has the expertise to help with what is a critical issue for the banking sector and the property market. Leon Cheneval, associate director and senior NPL consultant from CBRE Vietnam expressed his thoughts to VIR on this issue.
Agricultural lending key to credit growth
05-10-2013 11:10
Lending to the agriculture sector has increased despite economic troubles, however, banks are taking different approaches to capital distribution and some smaller joint stock banks are proving cautious.
Vietnam considers selling a bank to foreigners
01-10-2013 16:26
Eight out of the nine weak banks have finished the restructuring process, while the ninth one may be sold to foreign investors. There is no precedent for such a move in Vietnam.
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