Banking

Banks Have To Solve The Survival Problem Of Cutting Costs

Intellasia East Asia News Although interest rates fell sharply, banks did not dare to reduce deposit interest rates si... Read more

Reference Exchange Rate Down 5 VND At Weeks Beginning

Intellasia East Asia News The State Bank of Vietnam set the daily reference exchange rate at 23,216 VND per USD on Apr... Read more

Banks Sell Mortgaged Assets To Resolve Bad Debts

Intellasia East Asia News Many banks in HCM City are selling their mortgaged assets, mainly properties worth trillions... Read more

VietinBank Expects Credit Growth Of 4 8.5pct., Proposes To Retain All Profits

Intellasia East Asia News According to the documents for 2020 Annual general Meeting (AGM) released by Commercial Join... Read more

Vietnams Forex Reserves Increases By USD 4 Billion

Intellasia East Asia News The deposit and lending interest rate level has been continuously adjusted by the State Bank... Read more

SHB Sells SHBFC Consumer Finance Company To A Foreign Partner

Intellasia East Asia News On April 8, 2020, the Board of directors of Saigon Hanoi Commercial Joint Stock Bank (SHB) F... Read more

Moodys Places Five VN Financial Institutions On Review For Downgrade

Intellasia East Asia News Moody’s Investors Service has placed the long-term ratings and assessments of three Vietna... Read more

The Outstanding Loans Affected By Covid-19 Reach 2 Quad Dong

Intellasia East Asia News The credit debt balance affected by Covid-19 estimated by the State Bank of Vietnam (SBV) re... Read more

Credit Card Defaults A Risk During COVID-19

Intellasia East Asia News Experts have warned that consumers may soon start defaulting on their credit card payments d... Read more

Sacombank To Hold Annual General Meeting Online Amid COVID-19 Uncertainty

Intellasia East Asia News Sacombank has decided to hold its annual general meeting (AGM) online in June on the advice ... Read more

Three-year Zero-interest Business Loans Unfeasible: Experts

Intellasia East Asia News Commercial banks and experts have said the proposal of providing zero-interest loans for thr... Read more

Bad Debts Rise Due To Covid-19: SBV Governor

Intellasia East Asia News The bad debt ratio will rise by 4 percent at the end of the second quarter of 2020 and 3.7 p... Read more

Reference Exchange Rate Revised Down On April 10

Intellasia East Asia News The State Bank of Vietnam set the daily reference exchange rate at 23,221 VND per USD on Apr... Read more

Banks Need To Reinforce Resources To Support The Economy

Intellasia East Asia News In a time when the economy and enterprises were facing many difficulties, banks was consider... Read more

Prudential Vietnam Delivers Strong Results In Fiscal Year 2019

Intellasia East Asia News Prudential Vietnam has just announced its business results for the year ending in December 2... Read more