Basel III -  the journey continues in Vietnam

Basel III - the journey continues in Vietnam

In recent years, the banking system has experienced many strong transformation trends such as digital transformation, process automation, and strong investments in information technology. Alongside with these innovations, banks have also devoted considerable resources to enhancing the risk management foundation towards leading practices. In Vietnam, some pioneering banks have proactively piloted Basel III and Basel IV standards in order to stay competitive and ensure a sustainable growth.
Tax aid comes as relief for businesses

Tax aid comes as relief for businesses

Vietnam’s tax agencies and banking groups are taking more drastic concerted efforts to buttress the domestic economy and foster resilience against the current wave of COVID-19 infections.
NAB acquires Citi consumer banking business in Australia in a $882.24 million deal

NAB acquires Citi consumer banking business in Australia in a $882.24 million deal

National Australia Bank (NAB) was reported to be buying the consumer banking subsidiary of Citi to create the second-largest credit card provider in Australia.
Banking stability playing key role in economic health

Banking stability playing key role in economic health

The first half of this year has come and gone, with a very interesting case on why banks still bear fruit with upbeat business results during a difficult time for the economy.
Be Group partnering up with VPBank to launch Cake digital bank

Be Group partnering up with VPBank to launch Cake digital bank

Be Group and VPBank have officially introduced Cake digital bank, a new solution for e-banking.
Strategies to suit banking’s challenges

Strategies to suit banking’s challenges

The overall picture of the banking industry in 2020 and into 2021 has revealed both strengths and weaknesses. At the end of the third quarter, data from the General Statistics Office (GSO) showed that credit growth of the entire industry in our country reached 5.12 per cent after nine months, corresponding to less than 40 per cent of the annual growth plan from the beginning of the year.
Banking partnerships maintain rapid pace

Banking partnerships maintain rapid pace

Foreign insurers are vying with each other to grab a bigger slice of Vietnam’s robust insurance market, demonstrated by their aspiration to tie the knot with both local and international banks operating in the country.
Regional banks need to accelerate ESG efforts amid improvements in sustainability

Regional banks need to accelerate ESG efforts amid improvements in sustainability

Banks in the region still have large gaps that leave their portfolios vulnerable to risks arising from climate change and natural loss.
Changes needed for global banking post-coronavirus

Changes needed for global banking post-coronavirus

Life for many of us has changed beyond recognition compared to just a few months ago – and one of the biggest changes...
Being best banking partner by understanding client journeys

Being best banking partner by understanding client journeys

To have a deeper understanding on the impact of the ongoing pandemic on their corporate clients around the globe, Citi Vietnam launched a client feedback survey for commercial clients with close to 100 responses received over a two-week period in June.
Shares move up on the rally of banking and securities stocks

Shares move up on the rally of banking and securities stocks

Shares gained slightly on Monday morning fueled by the growth of blue-chips in banking and securities sectors.
Vietnamese banks in a bright spot in the post-pandemic world

Vietnamese banks in a bright spot in the post-pandemic world 2

Vietnamese banks offer attractive investment opportunities because of the sector's fast growth prior to COVID-19 and the country's relatively unscathed emerging from the pandemic.
Growth subsides as profit taking increases

Growth subsides as profit taking increases

Growth weakened on the Vietnamese stock market on Wednesday morning due to increased profit taking.
Banks urged to further support COVID-19 affected customers

Banks urged to further support COVID-19 affected customers

Governor of the State Bank of Viet nam Le Minh Hung has called on commercial banks to urgently simplify lending procedures to help COVID-19-affected firms easily access preferential interest rate loans.
Tech, banking and building stocks lift the market

Tech, banking and building stocks lift the market

Vietnamese shares advanced on Tuesday morning as banks, technology businesses construction firms bounced back on strong purchases.
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