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Category: FinanceSubscribe via RSS Feed

Bank liquidity stretches after interbank interest rate hike

06-Sep-2019 Intellasia | Dien dan Doanh nghiep | 6:02 AM

Contrary to the surplus in July, the liquidity of the banking system showed signs of tensions in August, forcing the State Bank of Vietnam (SBV) to regularly inject more [...]
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Tech group CMC to run BIDV’s Trade Finance software

06-Sep-2019 Intellasia | The Saigon Times | 6:02 AM

CMC Technology Corporation announced today, September 4, that it will operate and provide first-line support for the Trade Finance software recently installed at the Joint [...]
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G-bond auctions raise more than 466 million USD in August

06-Sep-2019 Intellasia | VNA | 6:02 AM

The State Treasury raised close to 10.85 trillion VND (466.5 million USD) via 13 auctions of government bonds (G-bonds) at the Hanoi Stock Exchange (HNX) in August. About 94 [...]
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Interest rates escalate in both market I and II

06-Sep-2019 Intellasia | Tri Thuc Tre | 6:02 AM

Weekly monetary market report of SSI Retail Research, an analysis of individual customer advisory and analysis department, announced that in the last week of August, T-bill [...]
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HCM City proposes to outlaw debt collection business

06-Sep-2019 Intellasia | VN Express | 6:02 AM

Debt collection should be banned because these businesses are fomenting public disorder and liaising with criminal outfits, HCM City authorities say. A report recently [...]
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Banks, securities firms step up bond purchases

06-Sep-2019 Intellasia | The Saigon Times | 6:02 AM

A recent study by SSI Securities Corporation found that banks and securities companies acquired a large volume of bonds in the January-August period of this year, Thanh Nien [...]
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MOF adjusts the large deposit flow from the State Treasury

05-Sep-2019 Intellasia | BizLIVE | 6:02 AM

According to BizLIVE’s research, Ministry of Finance (MOF) basically completed the draft circular on the management and use of accounts of the Vietnam State Treasury [...]
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MBBank to offer online tools for customers’ daily operations

05-Sep-2019 Intellasia | The Saigon Times | 6:02 AM

MBBank has signed a cooperation agreement valued at VND50 billion with Workway JSC to support corporate customers who wish to use Workway’s general enterprise [...]
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VietinBank issues tier-2 bonds 2019 to public

05-Sep-2019 Intellasia | VOV | 6:02 AM

VietinBank has recently announced a tier-2 bond public offering in 2019 from August 15 with total value up to VND5,000 billion at par. The bonds are widely distributed at all [...]
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After audit, Eximbank’s profit increase by more than 17pct

05-Sep-2019 Intellasia | BizLIVE | 6:02 AM

Vietnam Export Import Commercial Joint Stock Bank (Eximbank) has just announced its semi-annual consolidated financial statements of 2019 after the review. Accordingly, the [...]
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VIB upgrades international debit card

05-Sep-2019 Intellasia | VNS | 6:02 AM

Vietnam International Bank (VIB) has upgraded its international debit card (IDC) to include the first comprehensive protection applied to this card in Vietnam, consisting of [...]
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How are banks bad debt coverage ratios?

05-Sep-2019 Intellasia | Vietnam Finance | 6:02 AM

Although the bad debt ratios of some banks are not very high, their bad debt coverage ratios are kept low, showing that profit is prioritised over credit risk prevention. As [...]
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Banks record on- and off-balance bad debts

05-Sep-2019 Intellasia | Nhip cau Dau tu | 6:02 AM

Banks recently raced high interest rates, setting more new records. For example, Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has a pre-tax profit [...]
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Which bank offers the most medium and long-term loans?

05-Sep-2019 Intellasia | NDH | 6:02 AM

According to statistics of NDH of 20 banks on the market, the proportion of short-term loans of banks by the end of June 2019 accounted for 51 percent of the total [...]
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Remittances to HCM City total 3.45 billion USD in eight months

05-Sep-2019 Intellasia | VNA | 6:02 AM

HCM City received about 3.45 billion USD in remittances sent back home by overseas Vietnamese in the first eight months of 2019, a year-on-year increase of 8 percent, [...]
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