Divestment slow off the blocks for banks

Divestment slow off the blocks for banks

Foreign investment in state-owned banks could quench the thirst for capital while assisting with consolidation, but major problems continue to hinder the process.
Banks cut home loan interest rates

Banks cut home loan interest rates

Interest rates of home loans at commercial banks have tended to reduce significantly since the second half of July due to low capital demand from business and production.
Government backs capital hike plans for four State-owned banks

Government backs capital hike plans for four State-owned banks

The Government supports the policy of allowing four State-owned banks to raise charter capital, said Governor of the State Bank of Viet Nam (SBV) Le Minh Hung.
Government directs capital hike for State-owned banks

Government directs capital hike for State-owned banks

The Government is directing ministries and agencies to raise capital for State-owned commercial banks through the use of dividends or share sales this year, Deputy Prime Minister Vuong Dinh Hue said at a recent meeting.
Government okays Vietcombank stake sale to foreign investors

Government okays Vietcombank stake sale to foreign investors

Vietcombank is expected to sell a total of 10 per cent (over 350 million shares) in a separate issuance and/or through public auction to foreign investors.