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 struggle for capital in wake of new law
A crackdown on inter-bank trading has reduced their access to capital, prompting banks to raise deposit interest rates, often above the Government's cap, said Le Tham Duong of the HCM Banking University.
29/10/2012
Ban on gold deposits to be upheld
The State Bank of Vietnam has indefinitely extended the deadline for banks to cease accepting gold deposits in a bid to ensure the liquidity of the banking system in the remaining months of the year, State Bank deputy governor Le Minh Hung said on Thursday.
29/10/2012
Banks increase lending rates, tighten requirements
While local businesses are implementing production plans to embrace the season of high demand during the last three months of this year, many banks have increased lending interest rates, and tightened the requirements to access loans.
29/10/2012
State Treasury to tender 2 dong worth of G-bond on October 5
Hanoi Stock Exchange (HNX) has announced to organize a tender for two trillion dong worth of government-backed bond issued by the State Treasury on October 5, including one trillion dong for 2-year tenor bond and another one trillion dong for 3-year tensor bond.
03/10/2012
Vietnam Central Bank Seeks Company to Buy and Sell Bad Debt
The State Bank of Vietnam (SBV), the country's central bank, submitted a plan to establish a debt trading company to the government in an effort to tackle bad debts and improve the capital flow of the economy.
03/10/2012
Interview with Deputy Governor Le Minh Hung on movements of domestic gold market
In response to the recent volatility of the domestic and world gold prices, Deputy Governor Le Minh Hung of the State Bank of Vietnam (SBV) granted an interview on the movements of the gold market. Following is the full text of the interview.
25/09/2012
Banks hike deposit interest
Two leading commercial banks have raised deposit interest rates in a new bid to attract more depositors and accumulate capital for an anticipated rise in demand towards the end of the year.
25/09/2012
Banks set new peak for long-term deposit rates
Some banks have increased the deposit interest rates for savings of a term above 12 months to 13 percent a year from the 12 percent peak they offered last June.
17/09/2012