Banking

Banks Lower Interest Rates To Stimulate Credit

Intellasia East Asia News Large banks continued to lower lending interest rates in the context of the low credit growt... Read more

Gold Prices Climb To New Peak Of VND49.6 Million Per Tael

Intellasia East Asia News Domestic gold prices reached a figure of approximately VND49.6 million per tael in some plac... Read more

Many Banks Postpone Listing On The Stock Exchanges

Intellasia East Asia News Plans to bring bank stocks to the stock market were being restarted in many banks. However, ... Read more

Banks Boost The Government Bond Purchase

Intellasia East Asia News Liquidity was abundant, but banks could hardly lend due to low credit demand, leading to low... Read more

Banks Make Efforts To Increase Capital To Complete Listing Plans

Intellasia East Asia News Earlier this week, the last banks in the system such as Vietnam International Commercial Joi... Read more

World Bank Hanoi Office Has New Head

Intellasia East Asia News From July 1, Mme. Carolyn Turk will work at the World Bank (WB) Hanoi office as its country ... Read more

Predatory Debt Collectors Hustling On Borrowed Time

Intellasia East Asia News Debt-collecting businesses are to be banned in Vietnam as part of local government action to... Read more

Bank Profits May Rebound At The End Of The Year

Intellasia East Asia News The positive six-month results gave many banks hope that the business picture would change s... Read more

Saigonbank Targets Profit Of 130 Billion, 8.5pct Growth In Outstanding Credit

Intellasia East Asia News In the morning of June 30th, Saigon Commercial Joint Stock Bank for Industry and Trade (Saig... Read more

Reference Exchange Rate Up 6 VND

Intellasia East Asia News The State Bank of Vietnam set the daily reference exchange rate at 23,235 VND per USD on Jul... Read more

HCM City Seeks Faster Switch To Cashless Payment

Intellasia East Asia News Nguyen Anh Duc, general director of Saigon Co.op, said the rate of cashless payment at its s... Read more

Carrying Out M&A To Eliminate Weak Banks

Intellasia East Asia News Mergers and acquisitions (M&A) of banks are expected to see changes in 2020 when the ind... Read more

Zalo Bank Not Licensed: SBV

Intellasia East Asia News A representative of the State Bank of Vietnam (SBV) has affirmed that the central bank has n... Read more

In The Context Of Low Interest, Insurance Companies Keep Prudent In Investment

Intellasia East Asia News Savings rates were on the decline, but the portfolio of insurance companies had not changed ... Read more

Eximbank Shareholder Meeting Fails

Intellasia East Asia News On the morning of June 30, the annual shareholder meeting of Vietnam Export Import Commercia... Read more