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
M&A in banking sector: pros and cons
Merger and Acquisition (M&A) deals in the banking sector are cheap at present, but if the risks are not effectively managed, they could become expensive because merged banks may remain weak.
06/06/2012
Vietcombank offers preferential rates to overcome difficulties
Vietcombank has been providing US$95.2 million in loans with a preferential interest rate to individuals and households from May 21 to September 21 to overcome difficulties in the context of the economic downturn.
06/06/2012
Fitch positive on Lloyd's expansion into emerging markets
The Lloyd's insurance market has planned expansion into emerging markets is a net positive, even though writing insurance outside established markets carries additional risks, Fitch Ratings reports.
25/05/2012
The third session of the National Assembly’s thirteen tenure: Submitting for Approval of the 2010 State Budget Final Accounts Report
Authorized by the Prime Minister, in the afternoon of May 21, the Minister of Finance Vuong Dinh Hue presented to National Assembly report of 2010 state budget final accounts. In this report, he clearly stated that the State Audit of Vietnam...
25/05/2012
Rule to limit foreign currency loans
HA NOI — Individuals, along with co-operatives and other economic institutions which are not enterprises, would no longer be allowed to borrow from foreign sources under the provisions of a draft regulation newly released by the State Bank of Vietnam.
25/05/2012
Deposit interest rates may fall to 9% by year's end
HCM CITY — Deposit interest rates offered by commercial banks are likely to come down to between 9 and 10 per cent per annum by the year-end, says Nguyen Van Binh, governor of the State Bank of Viet Nam.
25/05/2012
IT crucial to developing national banking sector
HA NOi — A two-day Banking Vietnam 2012 Conference and Expo kicked off yesterday, aiming at providing insights on current and future developments of banking technology and present latest high-tech solutions and applications for the industry.
25/05/2012
Pessimism at lower deposit rates
A 1 per cent cut in the deposit interest rate is unlikely to reverse the downward trend in Vietnam's inflation, according to a Hong Kong and Shanghai Banking Corporation research report.
03/04/2012