Banks suffer liquidity strains as deposits fall

Banks suffer liquidity strains as deposits fall

People are still shunning Vietnamese dong deposits and smiling on banking in US dollars and gold this year, causing local currency liquidity problems for some local banks.
Possible new law on deposit insurance

Possible new law on deposit insurance

A new law on deposit insurance might be built during the 2011-12 period in an effort to build an effective deposit insurance system, the General Director of the Deposit Insurance of Viet Nam said yesterday.
Rate race distorts banking system

Rate race distorts banking system

Interest rate management has forced local lenders to break fundamental market rules to mobilise funds.
Mobilisation pressures weighing on lenders

Mobilisation pressures weighing on lenders

Hiking non-term deposit interest rates has provided an emergency exit for banks running short of funds.
Banks look to end 2010 with a bang

Banks look to end 2010 with a bang

“Most banks are trying to meet their deposit growth rate and total asset targets”
Frozen loans to be thawed

Frozen loans to be thawed

Last week’s eagerly awaited adjustment of banking safety ratios is expected to create more room for local banks to provide loans.
Stocks eat into local banks’ rich deposit momentum

Stocks eat into local banks’ rich deposit momentum

Commercial banks’ slowing deposit growth is under pressure as the improving stock market seems a better channel for lower earning depositors.
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