Banking

Life Insurers Accelerate New Distribution Channels

Intellasia East Asia News While traditional agent channel still makes major contribution to the growth of new premium ... Read more

Commercial Banks To Support WB Projects

Intellasia East Asia News Sai Gon-Hanoi Bank (SHB) and Vietnam Technological and Commercial Joint Stock Bank (Techcomb... Read more

Prudential Commits Long-term Investment In Vietnam

Intellasia East Asia News Prudential Vietnam has got approval from the Ministry of Finance to increase its chartered c... Read more

Reference Exchange Rate Up 3 Dong

Intellasia East Asia News The State Bank of Vietnam (SBV) set the daily reference exchange rate at 22,578 dong/US doll... Read more

Banks Non-core Divestment Slow

Intellasia East Asia News The report on auditing results released by the State Audit at the fifth meeting of the Natio... Read more

Foreign Players Sacrifice Profit For Market Shares

Intellasia East Asia News Manulife Vietnam and Dai-ichi Vietnam have been accepting heavy losses in exchange for marke... Read more

Big Four Banks Stay Firmly In Their Positions As Other Big Banks Arrive

Intellasia East Asia News The prosperity of the stock market in 2017 and the first months of 2018 has helped banks inc... Read more

M&A Considered As A Shortcut To Expand Banks Scale

Intellasia East Asia News Merger and acquisition (M&A) is considered as a shortcut to expand operation scale if ba... Read more

Exchange Rate Not To Exceed 23,000 Dong/US Dollar

Intellasia East Asia News Central exchange rates have consecutively been adjusted up since the beginning of 2018, from... Read more

Even Listed Banks May Not Avoid M&A

Intellasia East Asia News Banks are facing capital increase pressure, ensuring adequacy safety to meet Basel II standa... Read more

PVcom Bank, PGT Group Ink Financial Agreement

Intellasia East Asia News The Vietnam Public Commercial Joint Stock Bank (PVcom Bank) has signed a financial agreement... Read more

Experts Concerned Over Foreign-currency Credit Surge

Intellasia East Asia News Economists have warned of forex risks as corporate borrowers have grown dependant on foreign... Read more

VIB Launches Premium World MasterCard Credit Card

Intellasia East Asia News Vietnam International Commercial Joint Stock Bank (VIB) last week launched a premium credit ... Read more

Bank Loan Interest Rates High, Though Capital Still Flows To Real Estate

Intellasia East Asia News Director of the Credit Department Nguyen Quoc Hung confirmed last week that credit has grown... Read more

Reference Exchange Rate Continues To Rise

Intellasia East Asia News The daily reference exchange rate for June 12 is adjusted up 8 VND from the previous day to ... Read more