Korean banks expand in Vietnam

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Báo Đầu Tư English 2 day(s) ago

Following Shinhan Vietnam’s successful acquisition of ANZ Vietnam’s retail business, fellow Korean banks have also expanded their sizes and market share in Vietnam, seizing the lead in the foreign bank race on the Vietnamese market.

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Small banks working to bolster capital sources

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Báo Đầu Tư English 2 day(s) ago

Most banks of small and medium size are mulling over scaling up capital sources to boost their financial strength.

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Banks’ listing enthusiasm simmers down

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Báo Đầu Tư English 3 day(s) ago

Banks are hesitant to go public over the persistent challenging business environment.

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Banks to be more demanding in selecting customers

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Báo Dân Trí English 5 day(s) ago

With credit growth accelerating in the first quarter, many commercial banks may become more demanding in selecting lending customers.

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Foreign capital eyeing Vietnamese fintech

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Báo Dân Trí English 6 day(s) ago

Foreign investment funds have expressed renewed interested in Vietnamese financial technology startups, despite a series of challenging setbacks that occurred in previous e-commerce deals.

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Markets recover on bank, energy, brokerage stocks

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Báo Đầu Tư English 6 day(s) ago 1 related news

Shares advanced in both local markets on Friday morning, driven by banks, brokerages and energy firms.

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Foreign capital eyeing Vietnamese fintech

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Báo Đầu Tư English 1 week(s) ago

Foreign investment funds have expressed renewed interested in Vietnamese financial technology startups, despite a series of challenging setbacks that occurred in previous e-commerce deals.

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Bankrupt creditors may be aided to refund customers

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Báo Đầu Tư English 1 week(s) ago

To-be-bankrupt financial and credit institutions may have to refund their individual customers using support loans from the State Bank of Viet Nam (SBV) and other financial firms.

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State Bank works to maintain stable interest rates

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Báo Đầu Tư English 1 week(s) ago

The State Bank of Vietnam (SBV) will work to maintain interest rate stability, enabling firms to access credit for their production and business, SBV Governor Le Minh Hung has said.

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Handbook helps banks weigh projects

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Báo Đầu Tư English 1 week(s) ago

The State Bank of Viet Nam has coordinated with the International Finance Corporation (IFC) to prepare a handbook on social and environmental risk assessment for 10 economic sectors serving credit operations of commercial banks.

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Automation war breaks out among young banks

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Báo Đầu Tư English 1 week(s) ago

Young commercial banks in Vietnam have geared up to automate retail banking services in order to compete with older banks.

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BIDV encouraged to break into top 25 commercial banks in ASEAN

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Báo Dân Trí English 1 week(s) ago

The Bank for Investment and Development of Vietnam (BIDV) should set out middle-term and annual business strategies with specific tasks and goals, striving to break into the top 25 commercial banks in the ASEAN region.

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SBV to stop acquiring weak banks at zero Dong

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

The State Bank of Vietnam (SBV) will stop the acquisition of poor-performing commercial banks at zero Dong as it did previously.

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SBV to stop acquiring weak banks at zero đồng

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

The State Bank of Việt Nam (SBV) will stop the acquisition of poor-performing commercial banks at zero đồng as it did previously.

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Banks aim for high profit in 2017

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

Starting the annual general meeting (AGM) season, several banks have revealed ambitious plans for 2017.

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