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.
Banking sector's assets climb
14:57 | 12/01/2015 Finance - Banking
Latest data from the State Bank of Vietnam revealed that the total assets of the country's credit institutions was up 1.67 percent in November-end from the previous month.