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Category: FinanceSubscribe via RSS Feed

SBV net injects for third consecutive week

20-Apr-2018 Intellasia | Vietnam Finance | 6:00 AM

*SBV net injects for third consecutive week According to the weekly monetary report for April 9-13 by Saigon Securities Incorporation (SSI), the State Bank increased its [...]
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Banks race to list

20-Apr-2018 Intellasia | BizLive | 6:00 AM

*Half of banks in the system have listed Statistics from the State Bank of Vietnam (SBV) show that currently, the system has 31 joint stock commercial banks, including three [...]
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DBS, OCBC among lenders for Vietnam coal power plant

20-Apr-2018 Intellasia | TNP | 6:00 AM

DBS Bank and OCBC Bank are among a group of banks and lending agencies that have signed off on financing of about $1.87 billion ($2.45 billion) for a controversial coal-fired [...]
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EY: Local fintechs hold competitive advantage in region

20-Apr-2018 Intellasia | VN Economic Times | 6:00 AM

Number of fintech companies in Vietnam to rise sharply in the future, attracting increasing investor interest, according to Ernst & Young. Vietnam ranks second in the [...]
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Local banks’ shareholders get high dividend payouts

20-Apr-2018 Intellasia | VNS | 6:00 AM

After years of receiving low dividend payout rate by banks, shareholders of many banks are now happy with the high rates announced at this year’s annual general [...]
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Vietcombank targets $570 million in profit

20-Apr-2018 Intellasia | Hanoi Times | 6:00 AM

Vietcombank set its pre-tax profit at VND13 trillion (US$570 million) in 2018, up 14.6 percent compared to 2017, stated the bank`s document in prepared for its annual general [...]
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Investigation of billion-dollar appropriation at Dong A Bank continues

20-Apr-2018 Intellasia | VIR | 6:00 AM

The Supreme People’s Procuracy has just returned the documents of the case of “abusing trust to appropriate property” and “intentionally violating [...]
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25 defendants of notorious OceanBank case appeal against first verdict

20-Apr-2018 Intellasia | VIR | 6:00 AM

Former chair of OceanBank Ha Van Tham and 24 other defendants appealed against the Supreme People’s Procuracy first instance verdict. This morning, on April 18, the [...]
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Reference exchange rate continues to rise

20-Apr-2018 Intellasia | VNA | 6:00 AM

The daily reference exchange rate set by the State Bank of Vietnam continues to rise on April 19, standing at 22,492 VND/USD, up 10 VND from the previous day. With the [...]
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HDBank to pay 35 per cent dividend

19-Apr-2018 Intellasia | VNS | 6:00 AM

Housing Development Bank (HD Bank) has announced it will pay a dividend of 35 per cent for last year, 15 per cent in cash and 20 per cent in the form of bonus stocks. It had [...]
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VN central bank enhances inspections on cryptocurrency transactions

19-Apr-2018 Intellasia | VNA | 6:00 AM

The State Bank of Vietnam (SBV) has ordered financial institutions and other organisations providing payment brokerage services not to conduct cross-border transactions in [...]
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Reference exchange rate adjusted up

19-Apr-2018 Intellasia | VNA | 6:00 AM

The State Bank of Vietnam on April 18 adjusted the daily reference exchange rate up 5 VND from the previous day, setting it at 22,482 VND/USD. With the current trading band [...]
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Banks utilise cheap capital source from individual accounts

19-Apr-2018 Intellasia | Bao Dau Tu | 6:00 AM

Repeatedly in two days April 7 and April 8, the automated message system of a large bank reported the deduction of money from customer accounts for service fees. The first [...]
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Dividend payout ratio of banks at record high level

19-Apr-2018 Intellasia | Dien Dan Doanh Nghiep | 6:00 AM

Previously, investors always felt unfair when banks consecutively paid no dividends, then this year, some banks have reported the dividend payment at record high level, to [...]
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Bank shares remain attractive to investors

19-Apr-2018 Intellasia | DTCK | 6:00 AM

There are doubts about the possibility of price increase of banking stocks. This is understandable because bank stocks, after the strongly rally at the beginning of the year, [...]
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