Business » Banking & Finance
Cbank allocates 2012 credit growth caps for more banks
The State Bank of Vietnam has allocated 2012’s credit growth caps for more lenders.
Japan banks finance highway project in Vietnam
A credit agreement for the Hanoi-Hai Phong Highway project was signed on February 22 in Tokyo between the Vietnam Development Bank (VDB) and Sumitomo Mitsui Bank Corporation (SMBC) and Citibank of Japan.
BLC steps up to the plate
BIDV Sole-member Financial Leasing Company (BLC) entered service from February 20.
Working on finance’s labour question
Industry experts are weighing up the labour situation in the finance and banking sector.
Agribank appears at the bar
The Bank of Agriculture and Rural Development of Vietnam (Agribank) has been forced to pay VND38.5 billion for Cao Truong Son Company.
Cbank withdraws VND134.5 trillion via OMOs
The State Bank of Vietnam (SBV) has withdrawn about VND134.5 trillion ($6.46 billion) that was pumped into the banking system for liquidity support via Open Market Operation (OMOs) during the pre-Tet (Lunar New Year) period.
Government bond yields plummet
Vietnam government bond yields fell to the lowest level in 10 months on increasingly strained banking liquidity.
Lending costs again prove a headache
Industry players are mulling sourcing dollar loans amid high local currency lending rates.
- Zoellick to leave World Bank, opening new battle
- HSBC expands operations in Vietnam
- ACB bank launches foreign trade financing program
- Weak banks to miss credit growth allocation
- Interest rates unlikely to be dragged down
- Insurance sector looks to brighter horizon
- Australia's ANZ bank to slash 1,000 jobs
- Under fire Deposit Insurance Law can do the job
- ACB, Eximbank, Sacombank rumored to form new alliance: paper
- HSBC named best bank in Vietnam for 2011
The State Bank of Vietnam has allocated 2012’s credit growth caps for more lenders.
