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.
PM: Pace of credit growth should be speeded up
09:31 | 16/08/2017 Finance - Banking
Prime Minister Nguyen Xuan Phuc has called for an increase in credit growth to 21 percent this year to help the country hit its economic growth target, state media reported on Monday, potentially adding to concerns over the pace of new lending.
Citi Vietnam named 2017 Best Corporate/Institutional Digital Bank by Global Finance Magazine
09:32 | 11/08/2017 Finance - Banking
(VEN) - Citi swept the country awards in the Corporate/Institutional Digital Bank category, winning 15 accolades for Vietnam, Australia, Bangladesh, Hong Kong, India, Indonesia, Kazakhstan, Malaysia, New Zealand, Pakistan, Singapore, South Korea, Sri Lanka, Philippines and Thailand.