Latest News about banks
Capital difficulties are putting pressure on some banks struggling to meet the central bank’s Basel II deadline of early next year, but experts suggest the central bank should not delay the process.
The State Bank of Vietnam (SBV) has warned commercial banks of the risks associated with accepting land-use rights certificates as collateral for loans.
Commercial banks are attempting to sell off a host of mortgaged assets, including real estate and cars, to speed up the settlement of huge bad debt.
National Assembly deputies have called on the State Audit of Vietnam (SAV) to inspect three debt-laden banks that were earlier taken over by the State Bank of Vietnam, according to NA Secretary Nguyen Hanh Phuc.
A number of local commercial banks, including major players, have reduced and even eliminated service fees to attract more service users and depositors.
Shares of four Vietnamese banks may rise 14-68 percent in 12 months, according to JP Morgan’s Asia Pacific Equity Research.
Deputy CEO of VietinBank Tran Cong Quynh Lan believes that AI is important for banks, but how to apply it remains a difficult question.
A number of banks are introducing smart technology to tighten security and make customer transactions safer.
The State Audit of Vietnam (SAV) has uncovered several violations in the execution of build-transfer (BT) and build-operate-transfer (BOT) projects as well as at local banks.