Financial news

27/06 13:35

Vietnam c.bank reportedly sells over US$10 billion from FX reserves The move is expected to help accommodate the momentum of the exchange rate and the pressure on foreign exchange reserves.

27/06 10:47

SBV to tighten lending with stricter standards The State Bank of Vietnam (SBV) is mulling over stricter lending regulations, especially to finance purchases of properties and stocks, according to inside sources.

25/06 10:58

Generali Group toasts Q1's upbeat performance On June 22, Generali Vietnam released the parent company Generali Group’s first-quarter financial report which highlights excellent profitability with growth in premiums and operating results ...

25/06 10:56

Roadmap needed to remove credit room Central banks of countries such as Japan, China, Australia, Croatia and the Nordic countries have granted credit lines to their banks. However, as the banking system developed, this mechanism was dismantled.

24/06 09:54

Current credit room no longer suitable It may not be necessary to apply a credit room if the State Bank of Vietnam asks commercial banks to apply safety indicators seriously and substantively according to Circular 41/2016/NHNN-TT and Basel II.

24/06 09:39

Central bank sold roughly $7 billion to stabilise forex market The State Bank of Viet Nam (SBV) sold about US$7 billion in the first five months of this year to balance the supply and demand sources of the greenback in the domestic forex market, according ...

23/06 14:29

Revenue remains a major concern for many commercial banks during digital transformation Digital transformation should be considered an ongoing process for banks, in which competition and cooperation with other partners are top priorities to enhance the customer experience, according ...

23/06 08:30

Vietbank sets aside $345 million for preferential loans to individual customers Vietnam Thuong Tin Commercial Joint Stock Bank (Vietbank) has earmarked VND8 trillion (US$345.41 million) for preferential loans to individual customers to serve their consumption needs and business activities.

23/06 08:27

State Bank of Vietnam unwilling to dismantle credit room The discussion for granting credit limit to commercial banks heated up at the third session of the fifteenth National Assembly when delegate Mr. Trịnh Xuân An from Dong Nai asked the Governor ...

22/06 11:08

Mirae Asset Prévoir introduces new digital insurance platform Mirae Asset Prévoir Life Insurance Company Ltd. (“MAP Life”) is pleased to announce the launch of new digital insurance-selling platform “https://digital.map-life.com.vn”. Through the integrated ...

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