Citi commends local banks at ASEAN roadshows
August 30, 2023 | 17:53
Citi has recognised the outstanding performance of local banks during its Financial Institutions Roadshows, held in Hanoi and Ho Chi Minh City.
Profits not yet forthcoming for commercial lenders
December 30, 2022 | 12:27
Impacted by a number of factors, banking activities slowed down in the fourth quarter of 2022, causing speculation over local banks’ profits.
Improving liquidity and resilience for local banks
October 20, 2022 | 17:00
Liquidity in the banking system is under significant pressure amid rising interest rates, which is forcing banks to effectively mobilise capital.
Banks enable smooth remittances
December 30, 2021 | 11:00
Local banks are tapping into significant huge overseas cash as Vietnam continues to maintain its growth momentum among the world’s largest remittance beneficiaries.
Greener finance incentives picked up by local banks
August 12, 2021 | 14:00
Capital injection from international and local lenders is envisaged to help boost green-driven, sustainable and high-value agricultural models, as well as bridge the gap for the climate-finance market which is still at the nascent stage in Vietnam.
Europe firms may purchase 49pc in local banks
October 24, 2019 | 10:35
The Vietnamese Government may allow European financial firms to buy up to 49 per cent of only two local commercial banks, Nguyen Thi Thu Trang, Director of the WTO Integration Centre at the Vietnam Chamber of Commerce and Industry, said on Wednesday.
Foreigners legible to make term deposits at local banks
July 15, 2019 | 21:37
Resident and non-resident foreigners in Viet Nam are still permitted to make term deposits at local banks despite some banks saying they would not accept savings deposits from individual foreign customers, the State Bank of Viet Nam has said.
After delays, local banks eye listing
February 22, 2019 | 14:25
Several local banks are reportedly determined to list on stock markets in 2019 after delaying last year.
Foreign hands to help reshape banking
March 08, 2013 | 16:50
Foreign investors involved in Vietnam’s banking system will be able to play a greater role in revitalising it.
Bank of Tokyo-Mitsubishi looms large on the radar
January 08, 2013 | 15:44
After more than tripling its chartered capital in Vietnam in mid-2011, Bank of Tokyo-Mitsubishi UFJ has become one of the largest-capitalised credit institutions in the country.
Local banks learn people strategies from foreign counterparts
May 23, 2012 | 17:00
Vietnam’s banking sector started a new phase in April, 2007 when the nation fully joined the World Trade Organization (WTO) and more international financial institutions came to explore local bank strategic shareholder opportunities.
Banks jump on bonds as liquidity improves
May 30, 2011 | 07:16
High lending rates might be discouraging enterprises from borrowing, but improved liquidity has seen banks jumping on board the government bond band wagon.
Banks on mission to hunt deposits
November 21, 2010 | 14:28
Banks are making a major push to attract more deposits. Tran Thi Van, an accountant at a private company, told VIR that in the last week she received total of eight calls from banks’ staff inviting her to deposit money.
Bad loan fears see local banks start to get cold feet
August 11, 2008 | 18:09
As domestic debtors struggle to repay their loans at maturity, local banks have begun freezing new loans due to large-scale non-performing loan risks.
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