Banking

Reference Exchange Rate Up 7 VND At Weeks Beginning

Intellasia East Asia News The State Bank of Vietnam set the daily reference exchange rate at 23,241 VND per USD on Jun... Read more

Insurers Keep Cash Bonus, But Rates Get Lower In 2020

Intellasia East Asia News Non-life insurers have cut back cash dividend rates for 2020 by maximum five percentage poin... Read more

Big Banks Cautious With 2020 Plans

Intellasia East Asia News This year’s annual shareholders meeting (AGM) season of banks takes place two months later... Read more

Corporate Bonds Attract Less Demand

Intellasia East Asia News According to policy orientation, from 2021, non-professional investors would not be allowed ... Read more

Techcombank Targeted VND13 Trillion Pre-tax Profit In 2020

Intellasia East Asia News Techcombank (TCB) has set a pre-tax profit target of VND13 trillion (US$559.3 million) in 20... Read more

Banking Bad Debt Hike Raises Concerns

Intellasia East Asia News Although Q1/2020 business results are quite good and most banks continue to set high profit ... Read more

Bank Lending Expected To Get Out Off Coronavirus Doldrums Soon

Intellasia East Asia News Experts have forecast bank credit growth in the second quarter to reach 3.5-4 per cent, much... Read more

Find A Balance Between Controlling Risk And Benefits

Intellasia East Asia News The appearance of Fintech has changed the financial service industry. The advantages of spee... Read more

Despite Interest Rate Cut, Businesses Struggle To Access Capital

Intellasia East Asia News In addition to sharply reducing lending rates, banks also found ways to bring cheap capital ... Read more

It Seems Quite Necessary To Balance Bank Deposits And Investment

Intellasia East Asia News That was the recommendation of Nirukt Sapru, general director of Standard Chartered Bank in ... Read more

Early Warnings Of Risks To Small Non-life Insurance Companies

Intellasia East Asia News Small companies can hardly grow and that even lead to many consequences. The fierce competit... Read more

Manulife Vietnam Serves More Than 1 Million Customers

Intellasia East Asia News Manulife Vietnam paid customers nearly VND3 trillion (US$129.5 million) in benefits as profi... Read more

Techcombank To Issue 4.7mn Shares To Employees

Intellasia East Asia News The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) plans to issue 4.7 m... Read more

Vietnam Sees Surge In Popularity Of Contactless Payments

Intellasia East Asia News The popularity of contactless payments has rocketed in Vietnam over the last few years, with... Read more

Vietcombank Plans To Raise Charter Capital Via Share Issuance

Intellasia East Asia News The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) plans to increase... Read more