Foreign banks have decided to boost consumer finance loans as the business segment is forecast to maintain double digit growth this year
To prevent the spread of the new strain of coronavirus in Vietnam customers are encouraged to adopt cashless payment methods
In response to the State Bank of Vietnam appeal a number of credit institutions have announced plans to support businesses affected by the novel coronavirus epidemic
Commercial banks operating in the country have been asked not to increase their interest rates, including deposit rates, while the central bank stands ready to provide liquidity support for banks ...
The State Bank of Vietnam has asked credit institutions to prepare capital sources to meet borrowing demand and provide support to customers who have been affected by the coronavirus epidemic
Twelve out of 40 commercial banks have so far cleared all their non performing loans NPLs kept at the Vietnam Asset Management Company VAMC
The Government has finally announced a roadmap to increase charter capital for large State owned banks in the first quarter of this year
VCN - In 2019, the State Bank of Vietnam (SBV) stated credit growth had reached 13.5percent,the lowest point since 2014.
The completion of the sale of Vietcombank stake to foreign buyers in early 2019 and of BIDV at the end of last year may bode well for a comeback of ...
The Government supports the policy of allowing four State owned banks to raise charter capital said Governor of the State Bank of Vietnam SBV Le Minh Hung
Capital difficulties are putting pressure on some banks struggling to meet the central bank Basel II deadline of early next year but experts suggest the central bank should not delay ...
Despite high costs domestic banks are issuing more chip cards that meet EMV standards to replace magnetic strip cards in order to improve security and meet the central bank regulations
VCN - While the results of many businesses have been positive due to stable exchange rates, some banks have seen reduced profits from foreign exchange transactions.
More and more customers are using e banking services leading to a rise in free of charge facilities offered by banks
The Vietnamese Government may allow European financial firms to buy up to 49 percent of only two local commercial banks Nguyen Thi Thu Trang Director of the WTO Integration Centre ...