SBV injects large amount of money to support capital for banks
February 22, 2024 | 10:20
The State Bank of Vietnam (SBV) on February 20 net injected more than 5 trillion VND (nearly 204 million USD) into the banking system through the open market operation (OMO) channel to support capital for commercial banks.
‘Big Four’ slash deposit interest rates to lowest in banking system
August 23, 2023 | 16:54
The four biggest banks in Vietnam have strongly cut interest rates for many deposit terms to the lowest levels of the year.
Vietnam’s banking system shows signs of money surplus
April 10, 2023 | 11:28
Vietnam’s banking system is showing signs of returning to a period of money surplus as no bank needs the State Bank of Vietnam's (SBV) capital in the open market operation (OMO) channel and overnight interbank interest rates have dropped sharply.
Stable lenders to lead to interest in stocks
March 09, 2023 | 15:47
Identifying the risk factors of the banking system can open up prospects to invest in banking stocks this year, industry experts are saying, while banks themselves are urged to take provisioning activities into consideration.
PM underlines banking system's role as arteries of economy
October 16, 2022 | 20:37
Prime Minister Pham Minh Chinh said the banking system plays the role as arteries of the economy while addressing a meeting with chairpersons and CEOs of commercial banks in Hanoi on October 16.
Finance ministry sets targets for banking system
August 23, 2022 | 23:14
The Ministry of Finance (MoF) has issued targets for restructuring banks in a bid to bolster the strength of Vietnam’s financial sector.
Credit growth of banking system expands by over 17 per cent
June 18, 2022 | 22:55
Hanoi - Credit of the Vietnamese banking system as of June 9 surged by 17.09 per cent against the same period last year, deputy governor of the State Bank of Vietnam (SBV) Dao Minh Tu said.
Cybersecurity crucial for ongoing digitisation of banking industry: researchers
January 10, 2022 | 10:37
Cybersecurity is one of the central issues in the digital transformation of the banking system.
Banks cut interest rates from October
October 10, 2020 | 09:55
Many banks have cut deposit interest rates after the State Bank of Vietnam (SBV) lowered the ceiling levels of interest rates from October 1.
Bad debts tend to rise despite slow credit expansion
August 10, 2020 | 12:56
Non-performing loans are still increasing despite slow credit expansion as the COVID-19 pandemic stretches many businesses to their limits.
Stock market celebrates 20th birthday
July 21, 2020 | 07:00
A ceremony was held in HCM City on July 20 in the presence of Prime Minister Nguyen Xuan Phuc to mark the 20th anniversary of Vietnam’s stock market and the Ho Chi Minh Stock Exchange (HoSE).
Banking Forum 2019: Transformation needed for banks’ sustainable growth
May 08, 2019 | 14:00
Experts at the recent "Banking Forum 2019" in Hanoi has reached a consensus in urging banks to focus on transformations to boost internal strength and achieve sustainable growth.
Moody's: Vietnam's credit profile reflects robust growth
April 04, 2018 | 13:29
Moody's said that the Vietnamese government’s B1 positive credit profile reflects the economy’s robust growth, supported by increasing competitiveness
Commercial banks boost retail banking segment by adjusting service fees
March 05, 2018 | 14:55
Commercial banks have adjusted their service fees to individual customers since beginning of the year in order to focus on the retail segment.
Banking on a better future
February 26, 2013 | 11:24
One of the leading foreign bankers in Vietnam, Louis Taylor, chief executive officer of Standard Chartered Bank Vietnam, tells VIR’s Hanh Trang about his expectations for the country’s macroeconomy and its banking system in 2013.
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