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Bankers to divest shares to clear cross-ownership status

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A number of commercial banks are rushing to divest shares to withdraw capital they contributed to other banks many years ago. 

 

Banks take drastic measures to settle bad debts

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The bad debt settlement process took a big leap after the National Assembly issued Resolution 42, giving more power to banks to collect debts, reported Bizlive. 

   

Central bank issues standard set for domestic chip cards

The State Bank of Việt Nam (SBV) has recently issued a standard set for domestic chip cards for the first time to enhance safety and service quality of the country’s bank card operations.

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Vietnamese banks rush to seek foreign capital

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 Commercial banks are now borrowing capital from foreign banks and financial institutions when they need more medium- and long-term capital. 

   

Nam Á Bank allowed to open five branches and 30 dealing rooms

The State Bank of Việt Nam gave the nod to Nam Á Bank to open five new braches and 30 dealing rooms.

   

Banks allowed to raise charter capital

The State Bank of Việt Nam has allowed Tiên Phong Bank (TPBank) and Bản Việt Bank (Viet Capital Bank) to increase their charter capital through share issuances.

   

Banks in Vietnam expect improved business performance in fourth quarter

Banks in Vietnam expect improved business performance in fourth quarter, vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breakin

Around 88% of credit institutions expect to have a higher pre-tax profit in 2018 compared to 2017. 

   

Tightened monetary policy forecast for Q4 2018

The State Bank of Việt Nam (SBV) will likely continue its tightened monetary policy in the remaining months of the year after its decision to strictly control lending to high risk secto [ … ]

   

Remittances to Việt Nam could fall due to US policies

Overseas remittances to Việt Nam are expected to decline mainly due to global factors.

   

Tightening monetary policy: strong message from central bank

vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news, monetary policy, SBV, inflation

The State Bank of Vietnam (SBV) has requested commercial banks to control disbursement in risky business fields such as real estate, consumer credit and securities investments. 

   

Vietcombank’s profits in 9 months exceed entire 2017

Profits of the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) by the end of September are estimated to exceed the VNĐ11 trillion (US$470 million) that the bank g [ … ]

   

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