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Category: FinanceSubscribe via RSS Feed

Banks invest heavily in card technology for fee hike

20-Aug-2019 Intellasia | Dau tu Chung khoan | 6:02 AM

Payment cards and insurance premiums are the two biggest non-interest income sources of banks. At Asia Commercial Joint Stock Bank (ACB), in Q2/2019, revenue from services [...]
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Money market loosening, despite wait for rate call

20-Aug-2019 Intellasia | VNS | 6:02 AM

The money market is seeing the first signs of loosening though the State Bank of Vietnam has yet to make a decision on reducing benchmark interest rates. Late last month, the [...]
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Overview on mobile banking services

20-Aug-2019 Intellasia | Nhip song Kinh te | 6:02 AM

Currently, optimising service technologisation is a trend of all sectors and industries, including banking sector. Mobile Banking is a product chosen by many people for its [...]
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Reference exchange rate up 2 VND on August 19

20-Aug-2019 Intellasia | VNA | 6:02 AM

The daily reference exchange rate was set at 23,122 VND per USD on August 19, up 2 VND from the last working day of previous week (August 16). With the current trading band [...]
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VCB dominates the card market and the payment field

17-Aug-2019 Intellasia | Tri Thuc Tre | 6:02 AM

According to Vietcombank, at the end of 2018, this bank continued to lead in card and payment field. In particular, the bank had a 13 percent market share in the number of [...]
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Reference exchange rate up 5 VND on August 16

17-Aug-2019 Intellasia | VNA | 6:02 AM

The daily reference exchange rate was adjusted up 5 VND to 23,120 VND per USD on August 16. With the current trading band of +/- 3 percent, the ceiling rate applied to [...]
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Banks dominate corporate bond market in first seven months of 2019

17-Aug-2019 Intellasia | VNS | 6:02 AM

Banks have been the main player in the corporate bond market so far this year, with eight of the top 10 biggest issuers being financial institutions. Vietnam Prosperity Bank [...]
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Which bank sees the fastest deposit increase?

17-Aug-2019 Intellasia | Tri Thuc Tre | 6:02 AM

According to statistics gathered from 25 banks which have announced the second quarter (Q2) financial statements, by the end of June, their total customer deposits reached [...]
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Which sector benefits from the interest rate reduction?

17-Aug-2019 Intellasia | Dau tu Chung khoan | 6:02 AM

With the policy of supporting people and businesses, from August 1st to December 31st 2019, four state-owned banks including Commercial Joint Stock Bank for Foreign Trade of [...]
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Banks take the opportunity to exceed the profit target of 2019

17-Aug-2019 Intellasia | BizLIVE | 6:02 AM

Immediately after the report of the first six months of 2019 business results, Vietnamese banking activities generated new signals, promising a positive year at some members. [...]
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Anti-dollarisation on the right track

17-Aug-2019 Intellasia | Thoi bao Ngan hang | 6:02 AM

Although there is no official data from the management agency, it is not difficult to see that the level of dollarisation in the economy continues to decline. Indeed, the [...]
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Top lenders latch onto fintech future

17-Aug-2019 Intellasia | VIR | 6:02 AM

Banks and investment funds are racing to partner up with fintech businesses in their quest towards digitalisation. Within the first half of 2019, the market has witnessed a [...]
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Bankers’ performance unlikely to commensurate with the strong increase in income

16-Aug-2019 Intellasia | VnEconomy | 6:02 AM

Statistics on 21 commercial banks detailing the number of employees and expenses for employees in the first six months showed that the number of bank personnel continued to [...]
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8 banks issue over 41tr dong of bonds in 7 months

16-Aug-2019 Intellasia | NDH | 6:02 AM

MB Securities Company (MBS) has just updated the corporate bond market in the first seven months of the year. The banking sector led the way in terms of bond issuance with [...]
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Banks likely to take another step in terminating foreign currency lending

16-Aug-2019 Intellasia | BizLIVE | 6:02 AM

By the end of September 30, commercial banks will terminate foreign currency lending to a specified demand group. This is the roadmap set out in Circular No. 42/2018/ TT-NHNN [...]
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