Banks eye rosier prospects in Q1

Banks eye rosier prospects in Q1

The banking sector has had a promising first quarter, with strong forecasts set for the rest of the year.
Nam A Bank and EY Vietnam collaborate to elevate IFRS project

Nam A Bank and EY Vietnam collaborate to elevate IFRS project

Nam A Bank has advanced its global finance practices with International Financial Reporting Standards (IFRS) implementation.
Nam A Bank completes risk management following Basel III standards

Nam A Bank completes risk management following Basel III standards

On October 12, Ho Chi Minh City’s commercial lender Nam A Bank announced the completion of risk management standards according to Basel III under the accompaniment and advice of KPMG.
Banking sector to maintain the lifeblood of the economy

Banking sector to maintain the lifeblood of the economy

Top bank leaders have discussed their development trajectories for the new year to successfully meet all economic goals set for 2021-2025.
Global events hinder bank IPO plans

Global events hinder bank IPO plans

Concerns over the lacklustre market have played a part in weakening investors’ appetite and could pose risks for Vietnamese banks going public this year.
Nam A Bank officially launches Vietnam’s first banking robot

Nam A Bank officially launches Vietnam’s first banking robot

Nam A Bank officially launched Vietnam’s first banking robot, facilitating the transition of the retail banking sector towards the new self-service era.
Nam A Bank champions Outstanding Bank for Green Credit Award 2019

Nam A Bank champions Outstanding Bank for Green Credit Award 2019

Nam A Bank was honoured with the Outstanding Bank for Green Credit Award 2019 at the recent Vietnam Retail Banking Forum for its role in green credit promotion.
Banks spur green credit for sustainable development

Banks spur green credit for sustainable development

Economic development has improved living standards – at times at the expense of the environment. As green development is becoming an imperative, financial institutions – particularly banks – are earning high regard with their green credit approach.
Banks struggle to lure long-term capital

Banks struggle to lure long-term capital

Banks have to mobilise long-term capital at high costs by issuing certificates of deposit (CD) in Vietnamese dong with high interest rates to lure depositors, causing concerns about a domino effect on lending rates.
After delays, local banks eye listing

After delays, local banks eye listing

Several local banks are reportedly determined to list on stock markets in 2019 after delaying last year.