Banks to set up cash transporters
11:09 | 25/02/2015 Finance - Banking
The State Bank of Vietnam will allow domestic commercial banks to start companies responsible for transporting cash to branches and transaction offices in order to reduce related expenses.
Promoting credit growth
10:56 | 27/01/2015 Finance - Banking
(VEN) - Following the credit growth target of 13-15 percent set out for this year by the State Bank of Vietnam (SBV) together with abundant liquidity and falling deposit rates, commercial banks have promoted lending activities since the beginning of the year.
Insurance market maintains growth
14:28 | 19/01/2015 Finance - Banking
(VEN) - Although a number of insurance services did not achieve the growth target, 2014 was seen as a quite successful year for the insurance sector as total premiums increased by 14.2 percent compared to 2013. The Ministry of Finance will drastically implement the restructuring to achieve higher growth this year.