Dollar rises to one-month high in Vietnam

0 vote(s)Comment

Báo Tuổi Trẻ English 4 day(s) ago

Banks in Vietnam increased U.S. dollar prices to a one-month high on Wednesday, reaching the VND22,820 mark and resting just below the ceiling set by the State Bank of Vietnam.

Keywords: 

Large sum of money withdrawn via OMO

0 vote(s)Comment

Báo Đầu Tư English 4 day(s) ago

The State Bank of Viet Nam has withdrawn VND177 trillion (US$7.79 billion) via open market operations and the issue of treasury bills in the past week.

Keywords: 

New regulations on lending activities of foreign credit organizations

0 vote(s)Comment

Báo Đầu Tư English 4 day(s) ago

The State Bank of Viet Nam has issued Circular No.39/2016/TT-NHNN stipulating lending activities of foreign credit organizations and bank branches for customers.

Keywords: 

KB Kookmin Bank welcomed to join banking restructuring

0 vote(s)Comment

Báo điện tử CP English 1 week(s) ago

VGP – PM Nguyen Xuan Phuc called on KB Kookmin Bank to expand financial operations in Viet Nam while receiving Chief Executive Officer Yoon Jong-kyoo in Ha Noi on January 11.

Keywords: 

Outstanding consumer loans capped at VND100m per person

0 vote(s)Comment

Báo Đầu Tư English 6 day(s) ago

A consumer can have a maximum outstanding loan of VND100 million (US$4,400) at financial firms, as per the State Bank of Viet Nam’s Decree No 43/2016.

Keywords: 

Prudential Finance receives certificate of merit from central bank’s governor

0 vote(s)Comment

Báo Tuổi Trẻ English 6 day(s) ago

Prudential Vietnam Finance Company Ltd. (Prudential Finance) has just been presented with “The State Bank of Vietnam Governor’s Award” for its outstanding contributions to the banking industry in 2014 and 2015.

Keywords: 

Analysis: Basel II bank performances

0 vote(s)Comment

Báo Đầu Tư English 1 week(s) ago

Updated financial reports coming from nine out of 10 banks, consisting of Vietcombank, Vietinbank, BIDV, VIB, ACB, Techcombank, VPBank, MB, and Sacombank (leaving Maritime Bank out of the list as its latest reports were dated 2015) that are to implement Basel II requirements by 2018, showed that the percentage of income generated by banks arose chiefly from credit activities.

Keywords: 

Inter-bank rates drop sharply after Tet

0 vote(s)Comment

Báo Đầu Tư English 1 week(s) ago

Interest rates for Vietnamese dong loans of different tenors have dropped sharply on the inter-bank market following the Tet (Lunar New Year) holiday.

Keywords: 

Deutsche Bank says ‘sorry’ in full-page German newspaper ads

0 vote(s)Comment

Báo Đầu Tư English 1 week(s) ago

FRANKFURT, Germany - Deutsche Bank, Germany’s largest lender, has apologized in full-page German newspaper ads for misconduct that has cost the company billions.

Keywords: 

Vietcombank honoured by Global Finance magazine

0 vote(s)Comment

Báo Dân Trí English 1 week(s) ago

The Bank for Foreign Trade of Vietnam (Vietcombank) has been named among the 55 country winners of Best Treasury and Cash Management Banks and Providers by the Global Finance magazine, a representative of the bank announced on February 7.

Keywords: 

HSBC: VN’s GDP growth to reach 6.3% in Q1

0 vote(s)Comment

Báo điện tử CP English 2 week(s) ago

VGP – Viet Nam’s Gross Domestic Product (GDP) growth and inflation rate in the first quarter forecasted to achieve 6.3% and 5%, respectively, according to the research group of the Hong Kong and Shanghai Bank Corporation (HSBC) about Viet Nam’s economic prospects in February 2017.

Keywords: 

ACV makes bank on yen fluctuations

0 vote(s)Comment

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

Airports Corporation of Vietnam (AVC) recorded VND2.049 trillion ($90.4 million) of after-tax profit in the fourth quarter of 2016, mostly thanks to the depreciation of the Japanese Yen.

Keywords: 

Vietnam targets 18% credit growth for this year

0 vote(s)Comment

Báo Dân Trí English 2 week(s) ago

The State Bank of Vietnam (SBV) has set a credit growth target of 18 % for this year and pledged to continue measures to keep credit growth adequate for economic growth.

Keywords: 

State-owned banks lead in employee efficiency

0 vote(s)Comment

Báo Đầu Tư English 2 week(s) ago

Four big state-owned banks, namely Vietcombank, VietinBank, BIDV and Agribank, produce the highest profit per employee in the Vietnamese banking system.

Keywords: 

Interest rate under pressure to remain unchanged

0 vote(s)Comment

Báo Đầu Tư English 2 week(s) ago

The central bank has targeted keeping interest rate stable in 2017, however, the market’s developments in the first half of January 2017 show that lending rates are suffering from many pressures, the Nguoi Lao Dong (Labourers) newspaper has reported.

Keywords: 

Top page