Banking

Thailands Major Bank Postpones Plan To Expand Business In Vietnam

Intellasia East Asia News Krungsri Bank from Thailand has announced to postpone the business expansion plan in Vietnam... Read more

ALP Asia Finance Becomes ACBs Biggest Shareholder

Intellasia East Asia News The two foreign shareholders of Asia Joint Stock Commercial Bank (coded ACB) including Sathe... Read more

HSBC Launches Facial Recognition Technology

Intellasia East Asia News HSBC launches facial recognition technology The HSBC Vietnam Ltd announced on May 23 the lau... Read more

P2P Lending Feared To Trigger Black Credit

Intellasia East Asia News Peer to Peer Lending (P2P), under which lenders and borrowers connect via apps, has been dev... Read more

New Regulation Reduces Cross-ownership In Banks

Intellasia East Asia News Cross-ownership in banks has decreased sharply after the banks recently changed their top le... Read more

Reference Exchange Rate Goes Up At Weeks Beginning

Intellasia East Asia News The State Bank of Vietnam set the daily reference exchange rate for May 28 at 22,596 VND/USD... Read more

Fitch Upgrades Three Vietnamese Banks

Intellasia East Asia News Fitch Ratings has upgraded the Long-Term Issuer Default Ratings (IDRs) and revised the Suppo... Read more

NAPAS Completes Set For Domestic Cards

Intellasia East Asia News The National Payment Corporation of Vietnam (NAPAS) recently completed the building of a sta... Read more

How Are Foreign Banks Performing In Vietnam?

Intellasia East Asia News The number of 100 percent foreign owned banks in Vietnam has increased by twofold in the las... Read more

Vietnamese Banks Urged To Smarten Up Magnetic Stripe Cards Amidst Information Theft

Intellasia East Asia News Card replacement costs about $1 each and there are about 70 million local cards. Vietnam is ... Read more

Vietnam Among Southeast Asias Top 3 In Bitcoin Transactions

Intellasia East Asia News The number of Bitcoin investors in Vietnam has doubled in just one year, to 60,000 in 2018 f... Read more

Entering The ATM Card Black Market

Intellasia East Asia News Many people are willing to spend a few million dong to buy ATM cards bot bearing their names... Read more

Banks Earn Large Profits From Securities Investment

Intellasia East Asia News Viet Dragon Securities Company (VDSC) has just released the overall picture in Q1/2018 about... Read more

Reference Exchange Rate Turns Around To Rise On May 25

Intellasia East Asia News The State Bank of Vietnam set the daily reference exchange rate on May 25 at 22,589 VND/USD,... Read more

Shareholders Longing For Banks Capital Increase

Intellasia East Asia News In this year’s annual general meeting (AGM), apart from information about profit, dividend... Read more