Strengthening the role of deposit insurers in protecting financial consumers
Financial consumer protection is one of the important tools to increase people's access to finance, and at the same time to ensure the legitimate interests of financial consumers as well as...
26/11/2021
Banks begins merger process
Eximbank (EIB) and Sacombank (STB) late yesterday signed a five-year co-operation agreement which will pave a way for a likely merger between two of the biggest commercial banks in Vietnam.
31/01/2013
FX reserves rise, c.bank may weaken dong to spur exports
Vietnam's exchange foreign reserves may have risen to between $24 billion and $26 billion and the economy is showing other signs of improvement, but a still sluggish export outlook may prompt the central bank to allow the dong currency to depreciate, Economists said on Wednesday.
31/01/2013
SBV inconsistent in gold policy
The State Bank of Vietnam (SBV) sometimes said it would make local gold prices closer to the world's prices, sometimes said it would not, and recently has announced it will join the gold market to bridge the price gap. Such inconsistency has put local consumers on tenterhooks, according to experts.
31/01/2013
Debt market is ready to come into vogue
The debt market might become more active, helping resolve the non-performing loan
24/01/2013
Banks look to cash in on higher credit growth
Commercial banks are trying to increase credit growth this year as the State Bank has given them a target of 12 per cent. The general director of Nam A Bank, Tran Anh Tuan, said his bank was not worried about reaching this target.
24/01/2013
Banks in trouble over outstanding gold loans
While gold owners are no longer able to store their precious metal at banks for safety and interest, the credit institutions themselves are in trouble over a huge amount of outstanding long-term loans in gold.
24/01/2013
World Bank expert urges banking system reform
The problem of dealing with the mounting level of bad debt weighing on the nation's commercial banks continues to stymie and affect the liquidity of the banking system, a World Bank expert told a meeting here yesterday.
24/01/2013