Vietnam
Vietnam banks need to develop mobile banking system: expert
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.
Bank branch in Vietnam receives no customers over 2 years
For the past two years, a branch of the Vietnam Development Bank has received no customer capable of meeting its criteria for loans.
HSBC to retreat from Vietnamese Bao Viet group
HSBC plans to sell the shares it is holding of Vietnamese Bao Viet, a big insurance group.
More credit loans eyed for Vietnam businesses
Senior experts made online discussions of ways of handling low growth of credit loans in Vietnamese banks.
Vietnam's OCB to get credit loans for SMEs
The Orientation Commercial Bank of Vietnam will get a credit loan worth US$10 million from the International Finance Corporation to support SMEs.
Prudential, Maritime Bank to provide bancassurance one-stop shop
Prudential Vietnam Assurance Company signed a partnership deal with Maritime Bank for providing bancassurance services in the bank’s network.
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