Trang Chủ
.png){kind=avatar}
Experts warn banks about risky rate hikes
Rising interest rates on Vietnamese dong and US dollar deposits could lead to financial risks for domestic banks in the long run, according to banking insiders.
03/07/2006
Banks, insurers to develop services
Domestic banks and insurance companies are increasingly co-operating to provide customers with a greater range of products and services, according to a group of financial experts.
30/06/2006
.jpg)
Bank customers should beware of promotions
Switching banks because of new commercial bank promotional incentives could be a mistake, warned Vu Viet Ngoan, general director of the Bank for Foreign Trade of Viet Nam (Vietcombank).
30/06/2006
Commercial banks told to tackle bad debts
The Prime Minister has urged the State Bank of Vietnam (SBV) to submit a master plan for increasing financial capacity, particularly in addressing non-performing debts, at commercial banks.
30/06/2006
Central bank predicts WTO impetus
The conclusion of Vietnam-US negotiations on market access has paved the way for Vietnam to join the World Trade Organization (WTO) later this year and give impetus to the national banking sector, said the governor of the State Bank of Vietnam, Le Duc Thuy.
30/06/2006
Vietnam Money-Dong rates edge up, central bank drains funds
Vietnamese interbank rates for dong loans edged up slightly this week due to demand from part-private banks and some draining of liquidity by the central bank, bankers said on Monday.
30/06/2006
SBV to trial debt-transfer policy
The State Bank of Vietnam (SBV) recently announced it would allow financial lending companies to sell their accounts receivable on a four-month trial period, a move it said would provide an additional source of capital for financial institutions.
05/05/2006
Vietnam to permit foreign banks to provide full services
Vietnam has approved a new law that allows foreign-invested banks to offer full services, in preparation for the country's membership in the World Trade Organization, the Dow Jones Newswires reported Friday (March 24).
28/03/2006
