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Banks conducting massive bond issuances
Besides attracting deposits to meet the heightened credit demand at the end of the year, banks are racing to issue bonds to replenish capital sources.
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An open banking system is essential for a smart city
Building a smart city with a smart payment system playing a key role has helped Hà Nội gradually transform and make breakthroughs in the process of development, said Hà Minh Hải, vice chairman of the municipal People's Committee.
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27th Euro Finance Week
The 27th Euro Finance Week is one of the largest and most prestigious financial events in Europe, taking place annually in November in Frankfurt, Germany.
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VNBA talks with the Attaché of the Consulate General of Canada
On October 2, 2024, the Vietnam Banks Association (VNBA) had a meeting with the Commercial Attaché of the Consulate General of Canada.
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Unlocking digitalisation potential in banking sector
While 5G commercialisation is expected to open more opportunities for the banking sector, various issues remain. Dr. Nguyen Quoc Hung, Vice chairman of the Vietnam Banks Association, spoke with VIR’s Minh Anh about the current driving forces.
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Vietnam Banks Association and Vietnam Advisors talked about the Euro Finance Week 2024
On the morning of September 30, 2024, the Vietnam Banks Association (VNBA) had a meeting with Vietnam Advisors to update and exchange information about the Vietnam Dialogue event within the Euro Finance Week in Frankfurt (Germany) organized by Vietnam Advisors. The program is part of the 27th European Finance Week event taking place on November 18 and 19, 2024.
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HDBank wins IR Award for Individual Investors’ Best Choice
The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank, stock code: HDB) received the Financial Large Cap Individual Investors’ Best Choice award at the 2024 IR Awards ceremony held in HCM City on Tuesday.
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SBV and BCC sign MoU on Cooperation
On September 26, 2024, in Havana, the capital city of the Republic of Cuba, the State Bank of Vietnam and the Central Bank of Cuba (Banco Central de Cuba - BCC) signed a Memorandum of Understanding (MoU) on the Cooperation under the witness of Party General Secretary and State President To Lam, and First Secretary and President of Cuba Miguel Díaz-Canel.
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Fed rate cut expands Vietnamese monetary policy flexibility
The decision to cut interest rates by 50 basis-point in last week's Fed meeting is expected to have several positive impacts on the Vietnamese economy, specifically by alleviating exchange rate pressures and allowing the State Bank of Vietnam to implement a more accommodative monetary policy.
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Vietnamese banks aim to become among top 100 in Asia
Credit capacity, low interest rates, and comprehensive digital transformation are key areas that Vietnam's commercial banking system must focus on to break into Asia's top 100 banks.
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Government proposes VNĐ20.6 trillion boost for Vietcombank to enhance financial capacity
The Government has proposed the National Assembly (NA) to consider pumping an addition of VNĐ20.695 trillion (US$842.8 million) worth of State capital into the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) to improve its financial capacity for expanding international reach and for it to become one of Asia’s 100 largest banks.
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Many banks stop transactions of ATM magnetic cards
Many banks have recently announced they are stopping transactions of domestic automated teller machine (ATM) cards with magnetic strips, to ensure security for customers in the context of increasing cyber crimes.
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To comment on draft amendments to Circular No. 11/2022/TT-NHNN
The Vietnam Banks Association (VNBA) has just sent an official dispatch to the General Directors of member organizations inviting comments on the draft Circular amending and supplementing a number of articles in Circular No. 11/2022/TT-NHNN (Circular 11) regulating bank guarantees.
