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Category: FinanceSubscribe via RSS Feed

Higher foreign ownership urged to aid Vietnam’s banks in integration

08-Dec-2018 Intellasia | Hanoi Times | 6:00 AM

The relaxation of foreign ownership ceiling to 49 percent is needed to help banks meet requirements in the country’s integration and be able to compete with [...]
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NCB about to raise chartered capital to over 5tr dong

08-Dec-2018 Intellasia | Vietnam Finance | 6:00 AM

On 5th December 2018, the State Bank of Vietnam (SBV) issued a document No. 9256/NHNN-TTGSNH, approving for National Citizen Bank (NCB) to increase its chartered capital from [...]
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Gaining large profit, banks continuously expand network

08-Dec-2018 Intellasia | Tri Thuc Tre | 6:00 AM

Banks are continuously planning network expansion across the country. Some banks have been allowed to open dozens of new transaction points. The State Bank of Vietnam (SBV) [...]
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Preventing Peer-to-peer lending from becoming black credit

08-Dec-2018 Intellasia | InfoMoney | 6:00 AM

According to the Bao Dau Tu, early next year, the State Bank of Vietnam (SBV) will officially issue a trial legal framework for fintech, including the model of peer-to-peer [...]
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SeABank to issue more than 222 million shares to existing shareholders and employees

08-Dec-2018 Intellasia | Tri Thuc Tre | 6:00 AM

Southeast Asia Joint Stock Commercial Bank (SeABank) has announced the increase of its chartered capital to 7.688 trillion dong through three phases with more than 222.2 [...]
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State Treasury raises over VND5.2 trillion via G-bonds

08-Dec-2018 Intellasia | VNS | 6:00 AM

The State Treasury of Vietnam mobilised VND5.2 trillion (US$222.22 million) through government bond auctions on the Hanoi Stock Exchange (HNX) on Wednesday. Some VND4.5 [...]
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Banks have to make efforts to attract customers

08-Dec-2018 Intellasia | Thoi bao Ngan hang | 6:00 AM

Statistics of the State Bank of Vietnam (SBV) showed that up to July 2018, the outstanding loans to the economy reached over 6,840 trillion dong, equivalent to about 137 [...]
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Reference exchange rate continue to rise

08-Dec-2018 Intellasia | VNA | 6:00 AM

The State Bank of Vietnam raised the daily reference exchange rate on December 7 by another 2 VND to 22,764 VND per USD. With the current trading band of +/- 3 percent, the [...]
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Identifing risks when real estate credit hidden in consumer loans rises

08-Dec-2018 Intellasia | Dau tu Chung khoan | 6:00 AM

The rapid increase of consumer lending, mostly are housing loans and loans for home repairs, makes many people worry. In fact, it’s happening in banks that real estate [...]
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ABB opens first robotics service centre in Vietnam

08-Dec-2018 Intellasia | VNS | 6:00 AM

ABB inaugurated its Robotics Technical and Service Centre the first of its kind in Vietnam on Wednesday with the aim of serving global and local manufacturers operating in [...]
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Banks actively develop their own fintechs

08-Dec-2018 Intellasia | Nhip song Kinh te | 6:00 AM

In addition to cooperating with financial technology (fintech) companies, the launch of the YOLO digital bank of Vietnam Prosperity Joint Stock Commercial Bank (VPBank) [...]
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Vietcombank reduces holdings at other banks

08-Dec-2018 Intellasia | VNS | 6:00 AM

Vietcombank (VCB) has recently announced it sold a large number of Military Bank (MBB) and Eximbank (EIB) shares on the stock markets to reduce its ownership ratios at the [...]
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TCB shares officially approved for margin trading

08-Dec-2018 Intellasia | Tri Thuc Tre | 6:00 AM

HCM City Stock Exchange (HoSE) has announced the decision to put shares of Vietnam Technological and Commercial Joint Stock Bank (Techcombank, stock code: TCB) out of the [...]
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Banks race to meet Basel II standards

07-Dec-2018 Intellasia | InfoMoney | 6:00 AM

To date, only three banks have met the regulations of the Basel II. The implementation of Basel II standards helps banks operate safer and healthier, at the capital sources [...]
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HDBank’s general director completes purchasing 375.000 HDB shares

07-Dec-2018 Intellasia | Tri Thuc Tre | 6:00 AM

The HCM City Development Commercial Joint Stock Bank (HDBank, code: HDB) has announced the transaction results of the bank’s internal personnel. Specifically, Nguyen [...]
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