New collateral rules good for Vietnam banks: Moody’s
16:32 | 30/08/2017 Finance - Banking
The speedy repossession of collateral is a credit-positive step for Vietnamese banks, which continue to grapple with legacy asset-quality issues caused by rapid credit growth and loose underwriting standards of the past decade, Moody’s Investors Services said in a note on Monday.
Prospects for interest and exchange rates uncertain
14:36 | 24/08/2017 Finance - Banking
(VEN) - Forecasts for the monetary market in the last months of the year indicate that deposit interest rates may fluctuate, while exchange rates will be affected by demand for foreign currencies due to the high trade deficit. However, there are still some factors that could keep interest rates stable.