foreign banks

Banks address green credit significance

October 03, 2023 | 16:13

Significant progress has been made in the sustainable finance market in Vietnam, with banks actively promoting bonds and loans to facilitate the development of projects aligned with environmental, social, and governance frameworks.

Sustainability-based loans the focus for top banks

August 21, 2023 | 17:23

Foreign banks are actively joining consortiums to provide significant loans, particularly in the expanding sustainability arena.

Localisation favoured by overseas banks

August 10, 2022 | 10:16

Vietnam’s banking and finance sector is witnessing an uptick in foreign banks’ presence despite global economic headwinds.

Foreign banks jostle for increased share

April 20, 2022 | 09:30

Earnings of international financial institutions in Vietnam have been inconsistent during the last few years due to focus on longer-term strategies, but some are experiencing a dramatic drop in fortunes.

Loans galore for domestic brokerages

April 13, 2022 | 09:38

Foreseeing the phenomenal expansion of Vietnam’s financial sector, a number of foreign banks, notably those from Taiwan, are escalating their lending offerings and affordable financing sources to some local banks and brokerage firms.

Foreign banks grab slice of investment promotion action

March 25, 2022 | 13:43

More foreign banks are engaging in the organisation of investment promotion events, facilitating Vietnam to attract more investors to the country.

Credit institutions asked to tighten loans in “overheating” sectors: SBV

May 13, 2021 | 20:57

The State Bank of Vietnam (SBV) has requested local credit institutions and foreign banks’ restrict lending concentration for real estate and construction, Build-Operate-Transfer (BOT) and the consumption sector.

Firms advised to use derivative tools to minimise forex risks

October 04, 2019 | 10:13

Experts suggested firms use more derivative instruments, such as futures and forward contracts, to minimise exchange rate risks when they can no longer borrow the US dollar from commercial banks, starting early this month.

Gov’t urged to help local banks lure foreign capital

April 01, 2019 | 12:24

The Government should help Vietnamese banks lure capital and experience from prestigious foreign banks so as to help local firms develop sustainably, experts said.

Gov’t aims to encourage MA in banking sector

August 13, 2018 | 14:00

The Government plans not to license any more wholly foreign-owned banks in Viet Nam, instead encouraging foreign banks to buy weak domestic banks, Deputy Prime Minister Vuong Dinh Hue said.

Foreign banks gear up to expand networks in Vietnam

July 29, 2018 | 11:33

In the last two years, Vietnam saw many foreign finance institutions leaving Vietnam or scaling down their investment.

Excess loans to be permitted beginning May 1

April 09, 2018 | 09:51

Credit institutions and foreign banks will be allowed to grant loans to some prioritised borrowers in excess of lending limits regulated by law beginning next month.

ANZ’s true value as market leader

November 26, 2012 | 08:00

While Vietnam’s domestic banking sector faces a challenging time, ANZ Vietnam is seeking to use its stature as a foreign bank with a rich history to strengthen its leading position in Vietnam’s market. Tareq Muhmood, chief executive officer of ANZ Vietnam, shares his views with VIR’s Ngoc Linh.