Vietnam
Low loan demand has Vietnam banks turning to credit cards
Vietnamese banks are focusing at smaller sources of income such as credit card service fees and interest rates on card payments due to sluggish demand for loans.
Low loan demand has Vietnam banks turning to credit cards
Vietnamese banks are focusing at smaller sources of income such as credit card service fees and interest rates on card payments due to sluggish demand for loans.
Analysts warn against foreign takeover of Vietnam banks
Foreign ownership cap in Vietnamese banks should be considered carefully to prevent a wholesale takeover, experts warn.
Weak Vietnamese banks force Moody’s rate cut
Moody's Investors Service has downgraded Vietnam's credit rating on growing concerns over its weakening banks and its rapidly cooling economy.
Vietnam to tighten regulations on bank branch openings
The State Bank of Vietnam is now creating regulations on procedures for establishing, changing the names and/or location and ending operation of a banking branch.
ACB, Eximbank Vietnam undergo personnel changes
The Executive Board of the Asia Commercial Bank has accepted the resignation of its three members, Chairman Tran Xuan Gia for health reason and Vice Chairmen Le Vu Ky and Trinh Kim Quang for personal reasons.
Vietnam's interbank dong transactions up 45%
Vietnam's total interbank trading value in dong reached approximately 89.474 trillion dong.
Vietnam banks need to develop mobile banking system: expert
Vietnamese banks are focusing on expanding their mobile banking services as customers are now turning to use mobile services.
ICBC doubles cross-border RMB settlements
ICBC's total volume of cross-border RMB trade settlement jumped 94.6% year-on-year to RMB 790.1 billion in the first half of 2012.
Sacombank provides $24M loans for importers
Sacombank has allocated US$24 million for local importers to support businesses struggling in the industry.
Vietnam govt pledges to clean up banking system
The Government of Vietnam will take drastic actions in dealing with violations in the banking sector.
Is forced bank restructuring the solution to Vietnam's worsening NPL ratio?
Reports say Vietnamese banks' NPL ratio reached 60% - how can banks overcome this?
Bangkok Bank gets 99-year license in Vietnam
Bangkok Bank has been granted a 99-year extension of its banking service license from Vietnam.
Kien's arrest shocks Vietnam's stock market, banking sector
Nguyen Duc Kien's arrest on suspicion of conducting illegal business activities is triggering a dramatic fall in Vietnam's stock markets.
NPL ratio of ailing Vietnamese banks reaches 60%
Vietnam's central bank found non-performing loans at some banks as high as 60% of the total outstanding loans.
Malaysia's CIMB to expand in Laos through Thai unit
CIMB Group will expand in Laos through its Thai unit as the two countries share a historical and trade relationship.
Vietnam allows banks higher lending targets to spur growth
Vietnam's central bank has allowed lenders to raise their credit growth targets up to 27 percent from a cap of 17 percent.
Vietnam's restructuring produces first bank merger
The State Bank of Vietnam's master plan to restructure the banking system initiated in April has produced its first merger.
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