all banks permitted to act as guarantee for housing projects All banks permitted to act as guarantee for housing projects

09:45 | 07/07/2015 Finance - Banking

All local and foreign banks and branches are permitted to stand security for housing projects in Vietnam, according to a State Bank of Vietnam circular effective from July 1.
fitch confirms vn bank ratings Fitch confirms VN bank ratings

11:16 | 06/07/2015 Finance - Banking

Fitch Ratings recently affirmed the ratings for four major Vietnamese banks.
exchange rate adjustments produce contradictory effects Exchange rate adjustments produce contradictory effects

08:50 | 05/07/2015 Finance - Banking

(VEN) - In early May the State Bank of Vietnam (SBV) raised the inter-bank average exchange rate between the VND and USD by one percent. The adjustment has reduced pressure on export businesses but adversely affected import companies.
sbv looks to drop bad debt below 3 percent by sept SBV looks to drop bad debt below 3 percent by Sept

10:42 | 03/07/2015 Finance - Banking

Governor of the State Bank of Viet Nam Nguyen Van Binh has set a new target to bring down non-performing loans (NPLs) to less than 3 per cent by September.
banks forced to merge to settle circular ownership status Banks forced to merge to settle circular ownership status

09:42 | 02/07/2015 Finance - Banking

The State Bank of Vietnam (SBV) has taken a series of actions to clear cross-ownership which has existed in the banking system for many years.
poor households to get larger soft loans Poor households to get larger soft loans

10:22 | 01/07/2015 Finance - Banking

The Prime Minister has issued a decision, revising the credit plans of the Social Policy Bank this year.
vietnam signs aiib agreement in beijing Vietnam signs AIIB agreement in Beijing

08:50 | 30/06/2015 Finance - Banking

Governor of the State Bank of Vietnam (SBV) Nguyen Van Binh and representatives from other founder countries of the Asian Infrastructure Investment Bank (AIIB) signed an agreement on the framework and management structure of the bank on June 29 in Beijing, China.
supervision required to handle new credit Supervision required to handle new credit

09:05 | 29/06/2015 Finance - Banking

Prime Minister Nguyen Tan Dung has directed the State Bank of Viet Nam to enhance regular inspections and monitoring for compliance with the regulations on credit extension and using the credit limit.
bank for social policies permitted to increase credit limit Bank for Social Policies permitted to increase credit limit

11:09 | 26/06/2015 Finance - Banking

The Vietnam Bank for Social Policies (VBSP) has received the green light to increase their credit ceiling from 6.5 percent to 10 percent, or 11.6 billion VND (532,000 USD).
credit grows by 609 percent in first half of 2015 Credit grows by 6.09 percent in first half of 2015

09:04 | 25/06/2015 Finance - Banking

Vietnam recorded a credit growth rate of 6.09 percent by June 18 compared to the end of 2014 and 18.98 percent from the same period last year, according to Deputy Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong.
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