Vietnamese lenders seek unified anti-fraud shield

Vietnamese lenders seek unified anti-fraud shield

From July 1, the State Bank of Vietnam requires full verification of businesses and biometric data of legal representatives before firms can make electronic transactions or withdrawals.
Lenders utilise tiered interest rate incentives

Lenders utilise tiered interest rate incentives

Amid persistently low deposit interest rates, banks are flexibly implementing policies or applying tiered interest rate structures to attract deposit inflows.
Lenders to benefit in SBV debt reposition

Lenders to benefit in SBV debt reposition

The State Bank of Vietnam’s fresh set of policies are anticipated to ameliorate the financial strain faced by both creditors and debtors, as well as establish a robust legal framework for debt restructuring to be allocated over a two-year period.
Sustainable results to stem from collaborations

Sustainable results to stem from collaborations

A number of Vietnamese lenders are seeking partnerships with international financial institutions for funding, particularly in sustainable development.
Banks expanding share over borders

Banks expanding share over borders

Several Vietnamese lenders are tapping into other dynamic economies and aiding Vietnamese enterprises operating in cross-border trading activities.
Struggling lenders on verge of takeover

Struggling lenders on verge of takeover

The merger and acquisition outlook of Vietnamese banks, particularly acquiring faltering credit institutions to reorganise them, is picking up pace.