16:34 | 25/05/2017 Finance - Banking
An Binh Joint-Stock Bank (ABBANK) on May 24 officially signed an agreement with the Asian Development Bank’s (ADB) on joining the Trade Finance Programme (TFP) – one of prominent programmes enabling Vietnamese enterprises to increase competitiveness and get more opportunities to promote economy.
09:48 | 24/05/2017 Finance - Banking
Total non-performing loans (NPLs) of the entire credit institutions (CI) system until March 31, 2017 were VND160 trillion (US$7 billion).
Vietnam financial inclusion focuses on tech
15:44 | 22/05/2017 Finance - Banking
Financial inclusion has been an accelerating global phenomenon recently, with financial services being provided at affordable costs to disadvantaged and low-income segments to increase earnings, alternate social capital flow and promote economic growth, a conference heard on May 19 in HCM City.
PM okays fiscal policy stabilization program
09:58 | 16/05/2017 Finance - Banking
(VEN) - Prime Minister Nguyen Xuan Phuc has just approved the medium-term debt management program for the 2016-2018 period, including gradually reducing domestic and foreign loans and suspending government guarantees for new domestic and foreign loans to keep public debt at safe levels.
Banks pledge stable lending rates
14:57 | 09/05/2017 Finance - Banking
(VEN) - Good liquidity and increases in mobilized capital are considered necessary conditions for keeping interest rates stable in the second quarter, in particular, and 2017 as a whole. Many commercial banks say there is no pressure to increase interest rates.