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Category: FinanceSubscribe via RSS Feed

Does the no ‘credit room’ extension make it difficult for banks?

14-Aug-2018 Intellasia | Vietnambiz | 6:02 AM

The decision not to consider adjusting to increase the credit growth target throws “cold water” to the lending activities of banks when the growth of loans to [...]
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Vietnam plans banks among Asia’s top 100

14-Aug-2018 Intellasia | VN Express | 6:02 AM

A Vietnamese government masterplan envisages at least 2-3 banks in Asia’s top 100 in terms of total assets by 2025. The masterplan, approved by the prime minister, [...]
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Techcombank attains record high profit without dependence on credit

14-Aug-2018 Intellasia | Nhip song Kinh Te | 6:02 AM

In the first six months of the year (H1), Vietnam Technological and Commercial Joint Stock Bank (Techcombank) posted a record high profit of 5.196 trillion dong, ranking [...]
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Reform policies needed to lure foreign investments in Vietnam’s consumer finance

14-Aug-2018 Intellasia | HanoiTimes | 6:02 AM

Consumer finance has ample room for growth in Vietnam, however, it is necessary to improve the policy framework to make the sector more attractive to foreign investors, [...]
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The government to sell weak banks in Vietnam

14-Aug-2018 Intellasia | Stockbiz | 6:02 AM

According to the deputy prime minister, Vuong Dinh Hue, in the banking and finance sector, the government still encourages mergers and acquisitions (M&A) of small banks [...]
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VNPT and Maritime Bank sign comprehensive cooperation agreement

11-Aug-2018 Intellasia | VNS | 6:02 AM

The Vietnam Posts and Telecommunications Group (VNPT) and Maritime Commercial Joint Stock Bank (Maritime Bank) signed an agreement on deploying new technology to customers on [...]
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SBV to inspect banks that pour too much capital into housing and securities loans

11-Aug-2018 Intellasia | Zing News | 6:02 AM

In the last six months of the year, banks with high credit growth in real estates, stocks and consumption sectors will be subject to irregular inspections by the State Bank [...]
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Why does SBV not increase credit growth limits?

11-Aug-2018 Intellasia | VnEconomy | 6:02 AM

Governor of the State Bank of Vietnam (SBV) Le Minh Hung has issued Directive 04 on further implementing effectively the key tasks and solutions of the banking industry in [...]
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Which private banks is attracting the most capital?

11-Aug-2018 Intellasia | Tri Thuc Tre | 6:02 AM

In the first half of the year (H1), while credit more or less slowed down, the deposits of people and businesses strongly flew into commercial banks. Statistics of 22 banks [...]
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State Treasury deposits at banks down 28pct

11-Aug-2018 Intellasia | VNS | 6:02 AM

The State Treasury holds deposits of nearly VND170 trillion (US$7.23 billion) in three State-owned commercial banksVietcombank, BIDV and VietinBankby the end of June, down 28 [...]
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Increase of bad debt: not yet a concern

11-Aug-2018 Intellasia | Dau Tu Chung Khoan | 6:02 AM

In the first six months of 2018, lending to customers of most banks in the system increased compared to the beginning of the year with the rise of non-performing loans [...]
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Curbing interest, inflation rate: difficult question for VN Central Bank

11-Aug-2018 Intellasia | Vietnamnet | 6:02 AM

The government of Vietnam wants to keep the interest rate low and stable in order to encourage economic sectors to expand business, thus helping economic growth. The State [...]
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Rising greenback value raises alarm over capital outflow

11-Aug-2018 Intellasia | The Saigon Times | 6:02 AM

The upward trend of the US dollar in most markets and the ongoing interest rate hikes by the US Federal Reserve (Fed) have raised concerns over capital outflows from emerging [...]
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Govt likely to stop granting licenses to new foreign banks

11-Aug-2018 Intellasia | The Saigon Times | 6:02 AM

The government will limit or even stop issuing licenses to new wholly foreign-owned banks but will allow foreign investors to acquire and restructure loss-making banks in [...]
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Over 96 trillion VND of G-bonds mobilised

11-Aug-2018 Intellasia | VNA | 6:02 AM

The State Treasury of Vietnam has raised a total of 96.251 trillion VND (4.13 billion USD) via auctions of government bonds at the Hanoi Stock Exchange (HNX) since the [...]
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