Trang Chủ
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Banks asked to raise more capital or close
The State Bank of Vietnam (SBV) has approved a plan that will revoke rural joint stock banks' charters if they continue to have poor performances or do not raise their existing capital.
11/09/2006
Home agency to provide business credit rating
The State Bank of Vietnam (SBV) has just allowed the Credit Information Center (CIC) to provide credit rating service to businesses. It is the first agency in Vietnam to do this job. Mr. Dao Quang Thong, Deputy Director of the center, discussed with Thoi Bao Kinh te Viet Nam.
27/07/2006
Joint-stock banks show profit in 2006
The nation commercial joint-stock banks announced profitable half-year earnings for 2006, demonstrating progress made in enhancing competitiveness by restructuring debt, improving management and applying modern technology.
20/07/2006
State Bank worries over rising deposit rates
The governor of the State Bank of Viet Nam recently asked commercial banks in HCM City to subdue overheated competition by offering increased rates on deposit accounts.
20/07/2006
Three categories of banks hamper competitiveness
Vietnam's fledgling banking industry could continue to nurture unfair competition despite the country's imminent WTO accession, insiders warn. And the unfairness will be difficult to identify.
07/07/2006
Banks concerned over US rates
Vietnamese commercial banks are expressing concern about rising US dollar interest rates on the domestic market in light of the US Federal Reserve decision to increase its interest rate by 25 basis points to 5.25 per cent on June 30.
07/07/2006
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
