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 eye rate cuts to boost lending
Banks plan to expand credit in the second half by slashing interest rates and offering preferential loans to companies.
06/08/2012
Banks asked to propose ATM fees
The State Bank of Vietnam has recently asked banks under its system to propose the fees they want to charge ATM cardholders for on-us transactions, or those made on machines of the same bank that issue the ATM card.
06/08/2012
Only 1.9% of loans enjoy rates below 10%
The proportion of loans with interest rates of over 15% was 32.8% as of July 27, while a mere 1.9% was charged with rates of less than 10%, said the Monetary Policy Department under the State Bank of Vietnam (SBV).
06/08/2012
Vietnam orders public list of weak banks as bad debts mount
Vietnam’s Prime Minister Nguyen Tan Dung ordered a public list of weak banks and details of lenders’ non-performing loans as the government seeks to tackle bad debt that’s undermining the banking system and hurting businesses.
06/08/2012
Interest rates hit rock bottom
Interest rates might have hit the nadir and are unable to dip any further in the future, while banks are still trying to boost lending in a bid to unfreeze the credit flow.
31/07/2012