Banks increase dong interest rate to lure depositors

0 vote(s)Comment

Báo Đầu Tư English 3 month(s) ago

A number of commercial banks have increased their Vietnamese dong deposit interest rates by 0.2-0.4 per cent per year to attract depositors at year-end.

Keywords: 

Government will not save ‘zombie’ banks

0 vote(s)Comment

Báo Đầu Tư English 5 month(s) ago

The Government will consider the possibility of letting poor performing commercial banks go bankrupt, instead of saving them as it did in the past, Deputy Prime Minister Vương Đình Huệ has said.

Keywords: 

DIV officially launches new IT system

0 vote(s)Comment

Báo Đầu Tư English 5 month(s) ago

Deposit Insurance of Viet Nam (DIV) has officially operated a new information and communication system for its business process related to deposit insurance.

Keywords: 

Doubts over 5% average lending interest rate target

0 vote(s)Comment

Báo Đầu Tư English 7 month(s) ago 1 related news

Doubts over 5% average lending interest rate target

Banking experts have expressed a great deal of scepticism at the government's target to cut the average lending interest rate to some 5 per cent.

Keywords: 

SBV reassures people of Maritime Bank's operations

0 vote(s)Comment

Báo Đầu Tư English 7 month(s) ago

SBV reassures people of Maritime Bank's operations

The State Bank of Viet Nam (SBV) confirmed on August 15 that it has the full capacity to support and maintain the normal operation of credit institutions, ensuring the interests of consumers.

Keywords: 

Review finds economy resilient to challenges

0 vote(s)Comment

VietStock FI English 8 month(s) ago

The National Bank of Cambodia released its annual report yesterday, citing strong growth in 2015 despite challenging economic circumstances caused by a Chinese economic slowdown, increased regional competitiveness and the appreciation of the US dollar.

Keywords: 

Lending rules should be changed gradually: banks

0 vote(s)Comment

Báo Dân Trí English 11 month(s) ago

Lending rules should be changed gradually: banks

Although amendments to Circular 36 are needed, they should be implemented gradually to avoid policy risks and difficulties to commercial banks, online news portal Bizlive quoted bank officials as saying.

Keywords: 

Lending rules should be changed gradually: banks

0 vote(s)Comment

Báo Đầu Tư English 11 month(s) ago

Lending rules should be changed gradually: banks

Although amendments to Circular 36 are needed, they should be implemented gradually to avoid policy risks and difficulties to commercial banks, online news portal Bizlive quoted bank officials as saying.

Keywords: 

Banks ask SBV to delay stricter rules

0 vote(s)Comment

Báo Đầu Tư English 11 month(s) ago

Banks ask SBV to delay stricter rules

Commercial banks are recommending that the State Bank of Viet Nam (SBV) delay tightening of lending rules, as it could face difficulties once it takes effect on January 1, 2017.

Keywords: 

Vietnamese, banks had $7.3 billion in dollar savings overseas: report

0 vote(s)Comment

Báo Thanh Niên English 12 month(s) ago

Vietnamese, banks had $7.3 billion in dollar savings overseas: report

A new report that found a surge of dollar savings moving overseas has cast doubt on the central bank's forex policy, showing recent interest rate cuts aiming to drive depositors toward the local currency may have backfired.

Keywords: 

Various violations found at the state-owned Deposit Insurance of Vietnam

0 vote(s)Comment

Báo Dân Trí English 12 month(s) ago

Various violations found at the state-owned Deposit Insurance of Vietnam

The Government Inspectorate has just revealed various violations at the Deposit Insurance of Vietnam (DIV), from financial planning to cost management and use of finances from 2011 to 2013.

Keywords: 

Regulations slow liberalisation plans

0 vote(s)Comment

Báo Đầu Tư English 13 month(s) ago

Regulations slow liberalisation plans

Interest rate liberalisation is an important part of financial reform, promoting safer and more efficient financial markets. It has three components: the introduction of market-driven, competitive deposit rates; the establishment of a legal structure that allows banks to default; and a deposit insurance scheme.

Keywords: 

Vietnam weighs ceiling rate future

0 vote(s)Comment

Báo Đầu Tư English 13 month(s) ago

Vietnam weighs ceiling rate future

Vietnam’s monetary policies resemble China’s in many respects. Two prime examples are the control of capital flows and market interest rates, including the application of ceiling deposit interest rates.

Keywords: 

New branches risky for local banks

0 vote(s)Comment

Báo Đầu Tư English 13 month(s) ago

New branches risky for local banks

Many banks have recently opened numerous branches and transaction offices, causing concerns about safety for the banks and unhealthy competition within the banking system.

Keywords: 

Deposit rate touches two-year high of 8 percent

0 vote(s)Comment

Báo Dân Trí English 13 month(s) ago 1 related news

Deposit rate touches two-year high of 8 percent

Some commercial banks have continuously increased interest rates to attract depositors, setting a record two-year high of 8 percent per year.

Keywords: 

Top page