going cashless with new mobile money solutions 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 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 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 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two foreign banks representative offices have licences withdrawn Two foreign banks' representative offices have licences withdrawn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The SBV has withdrawn the licences of the representative offices of Kookmin from South Korea and Commonwealth Bank of Australia.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 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 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 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 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 vnd17 trillion 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.  

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