Going cashless with new mobile money solutions
09:00 | 16/05/2020
Forthcoming mobile money services are expected to play a crucial role in enhancing financial inclusion and promoting a cashless economy, with local technology giants like ...
SBV interest rate cuts to allay economic difficulties
09:23 | 14/05/2020
Interest rate cuts by the State Bank of Vietnam (SBV) and cost savings among credit institutions will pave the way for sustainable lending rate reductions, ...
Banks urged to further support COVID-19 affected customers
09:29 | 27/04/2020
Governor of the State Bank of Viet nam Le Minh Hung has called on commercial banks to urgently simplify lending procedures to help COVID-19-affected firms ...
Fitch downgrades outlook on Vietcombank, VietinBank, ACB, MB, and ANZ
21:20 | 17/04/2020
Credit ratings provider Fitch Ratings has downgraded its outlook on four local and one foreign bank in Vietnam – Vietcombank, VietinBank, MB, ACB, and ANZ.
Two foreign banks' representative offices have licences withdrawn
16:28 | 14/04/2020
The SBV has withdrawn the licences of the representative offices of Kookmin from South Korea and Commonwealth Bank of Australia.
Vietnam soon implementing mobile money
16:55 | 12/04/2020
The mobile money pilot programme will soon be launched, signalling the dawn of Vietnam's cashless future.
Banks ramp up support for customers in COVID-19 time
14:56 | 07/04/2020
Amidst the COVID-19 epidemic, banks have slashed lending rates by up to 2 per cent to help customers mitigate the implications on their lives and ...
Banks are not allowed to pay cash dividends to alleviate COVID-19 impact
17:24 | 01/04/2020
The SBV has once again required commercial banks to proactively reduce and tighten operating costs to alleviate the growing concerns over the impact of COVID-19.
Fed cut rates to near zero, Bank of Japan starts emergency meeting
13:02 | 16/03/2020
The US Federal Reserve (Fed) cut its benchmark interest rate to near zero while the Bank of Japan has called an emergency meeting to discuss policy.
MBBank increases capital by VND1.7 trillion
16:07 | 02/03/2020
The new shareholders of MBBank are foreign investors, however, the real successful transaction is lower than expected.
Mobile Version
