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Category: FinanceSubscribe via RSS Feed

Banks not easy to establish financial companies

17-May-2019 Intellasia | Dau tu Chung khoan | 6:00 AM

In recent years, many banks have planned to establish financial companies such as Orient Joint Stock Commercial Bank (OCB), Joint Stock Commercial Bank for Investment and [...]
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VPBank partners with VinaCapital to provide investment options

17-May-2019 Intellasia | VN Economic Times | 6:00 AM

Two sign strategic cooperation agreement to provide bank’s priority individual customers with outstanding investment products.The Vietnam Prosperity Joint Stock [...]
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Reference exchange rate down 8 VND on May 16

17-May-2019 Intellasia | VNA | 6:00 AM

The daily reference exchange rate is adjusted down 8 VND on May 16 to 23,056 VND per USD. With the current trading band of +/- 3 percent, the ceiling rate applied by [...]
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Low credit growth: ‘Good signal of the economy’

17-May-2019 Intellasia | VnEconomy | 6:00 AM

Compared to the end of the first quarter, credit growth announced by the State Bank of Vietnam (SBV) are almost unchanged. As of April 17, 2019, credit increased by 3.23 [...]
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SBV to auction over 600 tonnes of melted coins

16-May-2019 Intellasia | The Saigon Times | 6:00 AM

The State Bank of Vietnam (SBV) will put up for auction more than 600 tonnes of melted coins at a starting price of over VND48 billion (US$2.1 million). The price, calculated [...]
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SBV net injects nearly VND 23.6 trillion last week

16-May-2019 Intellasia | Tri Thuc Tre | 6:00 AM

The capital market report in the week of May 6th 10th 2019 recently updated by the analysis team of Saigon Securities Incorporation (SSI) showed that the State Bank of [...]
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Reference exchange rate rises by 10 VND on May 15

16-May-2019 Intellasia | VNA | 6:00 AM

The daily reference exchange rate is adjusted up 10 VND on May 15 to 23,064 VND per USD. With the current trading band of +/- 3 percent, the ceiling rate applied by [...]
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National Citizen Bank enters the capital-raising race under the Basel II

16-May-2019 Intellasia | VnEconomy | 6:00 AM

In the context of only one year to the effective date of the Circular 41 issued by the State Bank of Vietnam (SBV) requiring capital adequacy ratios according to Basel II [...]
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Insurance market keeps thriving in first months of 2019

16-May-2019 Intellasia | VNS | 6:00 AM

Vietnam’s insurance industry maintained positive growth in the first four months of this year, with total premiums surging by 17 per cent year-on-year to VND44.3 [...]
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Foreign investors eye Vietnam’s weak banks

16-May-2019 Intellasia | Vietnamnet | 6:00 AM

Many large multi-national groups have showed interest in the weak banks Vietnam wants to sell. However, they have not moved ahead to carry out the plans. J Trust’s [...]
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Banks extend bond issuance underwriting operations

16-May-2019 Intellasia | Thoi bao Ngan hang | 6:00 AM

In the last two years, the wave of corporate bond investment has exploded strongly with the support of commercial banks through affiliated securities companies. According to [...]
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E-wallet limit tightening spoils cashless payments

16-May-2019 Intellasia | Lao Dong | 6:00 AM

Transaction limit for e-wallet is proposed at a maximum level of 20 million dong per day and 100 million dong per month for individuals; 100 million dong per day and 500 [...]
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Financial supermarket GoBear announces $80 million in funding

16-May-2019 Intellasia | The Saigon Times | 6:00 AM

Country director of GoBear Vietnam Bao Nguyen has announced funding of $80 million from Walvis Participaties, a Dutch venture capital fund, and Aegon N.V, a leading financial [...]
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ADB provides $20.2m to women-led SMEs

16-May-2019 Intellasia | The Saigon Times | 6:00 AM

The Asian Development Bank (ADB) on May 14 announced that it has received $20.2 million from the Women Entrepreneurs Finance Initiative (We-Fi) to support women-led small and [...]
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Eximbank holds its 2nd Annual general Meeting on May 26

16-May-2019 Intellasia | Tri Thuc Tre | 6:00 AM

Vietnam Joint Stock Export Import Bank (Eximbank stock code: EIB) has just announced the information on the 2nd Annual general Meeting of Shareholders at White Palace [...]
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