HCM City urges banks to cut interest rates

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VietNam News English 4 day(s) ago

Interest rates on long - and medium-term loans should be lowered by at least 1.5-2 per cent to speed up credit growth and help companies revive, National Assembly delegates from HCM City have told commercial banks.

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Lending rates unable to decrease

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Báo Đầu Tư English 2 week(s) ago

Lending rates unable to decrease

It proves a challenging task for banks to further relax lending rates amid the slowing growth in bank deposits and the central bank’s recent adjustment of the exchange rate.

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Why was Vietcombank chosen to issue $1 billion in bonds?

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VietnamNet English 2 week(s) ago

Why was Vietcombank chosen to issue $1 billion in bonds?

VietNamNet Bridge - Though Vietcombank is not the only large and powerful commercial bank in Vietnam, it was still chosen by the State Bank as the buyer in a deal issuing $1 billion worth of government bonds in dollars.

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Banks see improved business climate in 2015

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Báo Dân Trí English 1 month(s) ago 2 related news

Banks see improved business climate in 2015

Business performance at banks is expected to improve significantly during the second quarter, against the same period last year, a State Bank of Vietnam (SBV) survey said.

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Banks see improved business climate in 2015

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VietnamPlus English 1 month(s) ago 2 related news

Banks see improved business climate in 2015

Business performance at banks is expected to improve significantly during the second quarter, against the same period last year, a State Bank of Vietnam (SBV) survey said.

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VIB awarded Best Banking Deal Vietnam 2015

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VietnamPlus English 1 month(s) ago 1 duplicate news

Vietnam International Bank (VIB) has been recognised as the "Best Banking Deal Vietnam 2015" and "Fastest Growing Retail Bank in Vietnam 2015" by Global Banking and Finance Review.

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Loan demand rises as from March

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VietnamPlus English 1 month(s) ago 1 duplicate news

Financial institutions have reported a rise in the demand for loans since the beginning of March, according to a survey conducted by the Monetary Forecast and Statistics Department under the State Bank of Vietnam.

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RoK bank opens branch in VN

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Báo điện tử CP English 1 month(s) ago

RoK bank opens branch in VN

VGP - The Shinhan Bank Viet Nam of the Republic of Korea (RoK) recently opened a branch in the northern economic hub of HaiPhong and a branch named An Dong in Ho Chi Minh City.

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BIDV confirms merger with Mekong Housing Bank

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VietNam News English 1 month(s) ago 2 duplicate news 1 related news

The management board of the Bank for Investment and Development of Viet Nam (BIDV) announced its plan to merge with the Mekong Housing Bank (MHB) at a shareholders meeting on April 17.

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Deposit growth rate slows as credit continues to rise

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VietNam News English 1 month(s) ago 1 duplicate news

Deposit growth rate slows as credit continues to rise

The deposit growth rate is currently slower than that of credit growth; however, savings in banks are still considered a good choice due to low inflation.

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Banks slash deposit rates early March

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Báo Đầu Tư English 2 month(s) ago 1 related news

Banks slash deposit rates early March

Numerous banks are lowering their interest rates for depositors, citing low inflation, an intended drop in lending rates and ample liquidity as major reasons.

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Credit outgrows deposits

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Báo Đầu Tư English 2 month(s) ago 1 related news

Credit outgrows deposits

The Bureau of Statistics of Hanoi (BSH) reveals that during the first three months of 2015 the capital’s credit has grown 1.8 per cent compared to the end of 2014 and has also outgrown deposits, turning the tide of negative credit growth experienced in the last two years.

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Banks announce further interest rate cuts

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Báo Dân Trí English 2 month(s) ago 1 related news

Banks announce further interest rate cuts

Resuming operations after Tet, many commercial banks are continuing to cut deposit interest rates, owing to good liquidity and low inflation.

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Banks slash deposit rates in preparation for cheaper loans

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Báo Thanh Niên English 2 month(s) ago 1 related news

Banks slash deposit rates in preparation for cheaper loans

Photo: Ngoc Thang

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Banks announce further interest rate cuts

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VietNam News English 2 month(s) ago 1 related news

Banks announce further interest rate cuts

Resuming operations after Tet, many commercial banks are continuing to cut deposit interest rates, owing to good liquidity and low inflation.

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