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Category: FinanceSubscribe via RSS Feed

McKinsey: Banks in the changing world

10-Nov-2018 Intellasia | VN Economic Times | 6:00 AM

Global management consultants release latest review on global banking industry. McKinsey released its eighth annual review of the global banking industry on November 7, [...]
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Many banks remove capital increasing bottleneck

10-Nov-2018 Intellasia | Thoi bao Ngan hang | 6:00 AM

Resolving the bottle neck for capital raising is good news for the market. The increased financial capacity of banks indicates the better ability to provide capital for the [...]
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VIB approved to increase chartered capital to over 7.8tr dong

10-Nov-2018 Intellasia | BizLIVE | 6:00 AM

Vietnam International Joint Stock Commercial Bank (VIB) has recently been approved by the State Bank of Vietnam (SBV) to increase its chartered capital in 2018. VIB’s [...]
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Vietnam should not seek high credit growth at any cost: experts

10-Nov-2018 Intellasia | Vietnamnet | 6:00 AM

After many years of high credit growth rates, the ratio of credit to GDP in Vietnam has nearly hit the average level of OECD countries. If Vietnam continues maintaining the [...]
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The main income sources of banks in the first nine months

10-Nov-2018 Intellasia | Tri Thuc Tre | 6:00 AM

According to a report by the Vietnam International Securities Joint Stock Company (VISecurities), in the first nine months of this year, profits of 17 listed banks, plus [...]
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Reference exchange rate continues to go down

10-Nov-2018 Intellasia | VNA | 6:00 AM

The State Bank of Vietnam continued to adjust the daily reference exchange rate down on November 9 to 22,723 VND per USD, 2 VND lower than the rate on the previous day [...]
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Draft law asks banks to provide customer details to taxman

10-Nov-2018 Intellasia | The Saigon Times | 6:00 AM

The government has submitted to the National Assembly a proposal on the revised Law on Tax Management that would require banks to provide details of their clients’ [...]
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Which bank runs out of credit room?

10-Nov-2018 Intellasia | BizLIVE | 6:00 AM

In the first nine months of 2018, many banks had high credit growth, but the growth of the total outstanding loans of the banking sector was only 10.41 percent. August and [...]
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Which Vietnamese Bank Has Most Profitable Service?

10-Nov-2018 Intellasia | VCCI News | 6:00 AM

Eight banks reported net profit of over VND1 trillion (US$43 million) in the first nine months of 2018. Eight banks with over VND1 trillion of service profit By absolute [...]
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Data on over 31,000 bank card transactions breached

10-Nov-2018 Intellasia | The Saigon Times | 6:00 AM

Data on more than 31,000 transactions using bank cards were breached and disclosed on RaidForums, a forum for database trading, on November 6, news site VnExpress reported. [...]
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Key events to affect the exchange rate in November

10-Nov-2018 Intellasia | Dien dan Doanh nghiep | 6:00 AM

In the report on Investment Strategy in November 2018, the research team of Viet Dragon Securities Company (VDSC) mentioned that the foreign exchange reserves of Vietnam are [...]
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Which bank records the highest customer deposits in the first 9 months?

09-Nov-2018 Intellasia | BizLIVE | 6:00 AM

Capital still flew into banks as in the first three quarters of the year, 27 banks mobilised a total of 489.823 trillion dong from the population, up by 9.8 percent compared [...]
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Profitability of OCB, ACB, VIB surpasses Techcombank

09-Nov-2018 Intellasia | Tri Thuc Tre | 6:00 AM

According to a report on the banking sector recently released by Vietnam International Securities Company (VISecurities), in the first nine months of 2018, credit activities [...]
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Vietnamese guest workers send home up to $2.5 billion annually

09-Nov-2018 Intellasia | Dti News | 6:00 AM

Remittances from Vietnamese guest workers hit $2-US$2.5 billion each year with an annual average growth rate of 6 to 7 percent between the years 2010 and 2017, according to a [...]
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Credit growth in 2018 creating a phenomenon

09-Nov-2018 Intellasia | VnEconomy | 6:00 AM

As of now, there has not been any report disclosing on credit growth for the first 10 months of 2018. According to the latest government meeting, the increase was only around [...]
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