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Banks warned about risks of lending to large-scale enterprises

While banks often hunt for or prioritise large-scale businesses for lending, one expert said they should be more careful to prevent possible risks.

 

Bank scotches currency rumours

The State Bank of Viet Nam denied speculation last week that it was preparing to adjust the exchange rate.

   

VN's gold policy aims at market or price stabilization?

The central bank’s inconsistent statements about the goals of the gold market management policy have made people feel dizzy.

   

PVFC agrees on plan to merge with Western Bank

A majority of the shareholders of the PetroVietnam Finance Join Stock Corporation (PVFC) has agreed upon the plan to have their institution merged with Phuong Tay (Western Bank).

   

Central bank dispels forex rate adjustment rumor

The State bank of Vietnam on Friday announced that there is no plan in adjusting the foreign exchange rates at the moment, following a wave to increase the US dollar selling prices from loca [ … ]

   

Gold loses its appeal as VN bucks Asia trend

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Demand for gold jewellery in Viet Nam is falling sharply, despite significant increases recorded in other Asian countries, according to the latest report of the World Gold Council (WGC).

   

Developing countries to get bigger share of investments: World Bank

The percentage of global investment that goes to developing countries should triple in the next two decades as emerging economies catch up to richer nations and become more integrated into f [ … ]

   

Rates, risk keys to micro-finance

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Sustainable interest rates and risk management were the hot topics during a seminar on the country's micro-finance institutions held yesterday in Ha Noi.

   

Lending over 4 months up 2.1%

The outstanding loans given by commercial banks have increased 2.11 per cent since December, according to the State Bank of Viet Nam (SBV).

   

Asset management body to be set up in bid to tackle debt

According to Nghia, VAMC will be under the management of the central bank rather than the finance ministry as funds used to handle bad debts will not come from the Government budget.

   

Banking sector needs to embrace IT innovation

http://www.vinacorp.vn/Content/ckfinder/userfiles/images/2.jpeg

IT was becoming more and more important to the financial security and operational efficiency of banking services, State Bank of Viet Nam (SBV) Governor Nguyen Van Binh said at a banking tech [ … ]

   

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