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Big banks face challenges raising charter capital

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Raising charter capital is the biggest challenge in 2019 not only for small joint stock banks but also for big state-owned banks.

 

Vietcombank seeks gov’t OK to ease foreign ownership cap in 2019

Vietcombank seeks gov’t OK to ease foreign ownership cap in 2019, vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news

As part of the process, the bank would reduce the state ownership to 65%.

   

Credit growth among Hà Nội lenders reaches nearly 17%

The total value of outstanding loans and investment capital among Hà Nội-based credit institutions in 2018 surged by 16.92 per cent against the previous year to VNĐ1,870 trillion (US$80.26 b [ … ]

   

Digital banking essential for Việt Nam’s financial sector

Embracing the digital transformation is critical for Vietnamese bankers in the era of Industry 4.0, experts said during the 2019 Asian Banker Conference in Hà Nội on Thursday.

   

Banks post high profits in 2018

Despite the central bank’s tightened monetary policy, many banks reported good business performance last year thanks to improved bad debt resolution and rising income from services.

   

Four Vietnamese banks cut rates to boost economy

Four Vietnamese banks cut rates to boost economy, Government news, Vietnam breaking news, politic news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, Vietnam net news, Vietnam latest news, vn news

Four major state-owned commercial banks in Vietnam have announced that they will lower their lending rates to priority sectors in a move to support enterprises.


   

Large banks cut lending interest rate to aid businesses

On Wednesday, four State-owned banks said they would cut interest rates on đồng loans in the Government’s priority sectors to support firms in 2019, starting from Thursday.

   

Inter-bank e-payment turnover hits $3.2 trillion in 2018

Inter-bank electronic payment turnover accelerated to VNĐ73 quadrillion (US$3.2 trillion) in 2018, equal to 13 times the country’s GDP, according to Phạm Tiến Dũng, director of the State Ban [ … ]

   

VIB relocates its Đồng Nai branch

The Vietnam International Bank (VIB) has relocated its branch in the southern province of Đồng Nai as part of its increasing effort to bring convenience and a safe experience to customers.

[ … ]
   

SBV sets 2019 credit growth target at 14 per cent

The State Bank of Việt Nam (SBV) had set a credit growth target for 2019 equivalent at 14 per cent, said SBV Deputy Governor Nguyễn Thị Hồng.

   

Central bank resumes dollar purchases to build up foreign reserve

The State Bank of Việt Nam (SBV) has resumed the purchase of US dollars from commercial banks after a six month break thanks to favourable conditions in the country’s foreign exchange market [ … ]

   

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