Banks prohibited from paying dividends in cash in 2022
January 20, 2022 | 11:28
Vietnam's commercial banks will be barred from paying cash dividends to shareholders to reduce interest rates.
Banks posted healthy profits during last year
January 13, 2022 | 13:25
Many banks, particularly private commercial lenders, have unveiled 2021 profit figures with an unprecedented growth despite the pandemic.
Banks begin to hike deposit interest rates
January 10, 2022 | 11:02
In October, the average interest rates on bank deposits for six months and 12 months were 4.7 per cent and 5.5 per cent, down half a percentage point from a year earlier, according to Bao Viet Securities Company.
Banks are upbeat about profit prospects in 2022
January 07, 2022 | 20:35
The State Bank of Vietnam's (SBV) fresh survey shows that most credit institutions are optimistic about the business situation in the forthcoming quarter.
VietinBank, Vietcombank, BIDV, and Agribank offer free transaction services
January 05, 2022 | 11:44
State-owned banks are joining the zero-fee policy to woo more customers
Hard limit for credit institutions buying corporate bonds
November 21, 2021 | 05:44
Credit institutions with a bad debt ratio of more than 3 per cent are forbidden to buy corporate bonds, according to the latest announcement from the SBV.
Low interest rates predicted to remain for last two months of 2021
November 19, 2021 | 08:49
Low interest rates are predicted to remain in November and December this year.
Banks record higher profits, some exceeding annual plan
October 28, 2021 | 08:00
Multiple banks recorded prosperous business results in the first nine months of 2021 despite the negative impacts caused by the COVID-19 pandemic, with some even exceeding business targets for the whole year.
Offering credit caution for corporate bond players
October 22, 2021 | 14:00
Vietnamese banks and real estate developers are foraying into the corporate bond arena as it is offering attractive yields for their portfolio diversification strategies.
Three strategies for incumbent banks to jump aboard digital lending
October 05, 2021 | 19:30
Building a new lending product, buying a pre-built platform, or partnering with fintech are the three most viable routes for banks entering digital lending.
Banks in charter capital hikes to add momentum
September 22, 2021 | 09:00
Despite concerns over a deteriorating economic picture, both local and foreign-invested banks are laying fresh momentum in the capital hike race to supplement their adequacy ratio and intensify operations in Vietnam.
Banks do away with physical offices to aid digital services
September 03, 2021 | 10:00
As Vietnam implements strict social distancing measures, banks have been stretched thin with some temporarily closing their brick-and-mortar offices to help customers go digital.
Adjusting ownership rate for foreign investors in banking sector is a long-term strategy: experts
August 28, 2021 | 21:44
As the market is witnessing adjustments in the rate of ownership for foreign investors in banks, analysts say that it depends on the strategy and business plan of each bank from time to time.
300 branches and transaction offices of banks in Ho Chi Minh City temporarily closed due to COVID-19
August 24, 2021 | 11:51
Many banks branches and transaction offices in Ho Chi Minh City have to close as a result of ongoing pandemic and tighter restrictions.
Digital banking, a motivation to develop a cashless society
June 28, 2021 | 08:00
The "Digital Financing: Powering cashless economy" virtual conference by Star Media Group Malaysia was participated by top business leaders from across Asia.
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