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New policy drafted to help non-bank credit institutions develop further
The State Bank of Vietnam (SBV) has finalised a draft circular to help non-bank credit institutions, including financial companies, further expand and develop.
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VNBA's Secretary General received Moody's Rating delegation
On the afternoon of November 12, 2024, Dr. Nguyen Quoc Hung - Vice Chairman and Secretary General of the Vietnam Banks Association (VNBA) had a meeting and worked with the leaders of Moody's Rating Southeast Asia (Moody's) to discuss a number of issues related to credit ratings of credit institutions, ESG, green finance...
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SBV to propose establishment of gold exchange at appropriate time
The State Bank of Việt Nam (SBV) will work with ministries and branches to carefully research the establishment of a gold exchange before proposing it to the Government at an appropriate time, SBV’s Governor Nguyễn Thị Hồng said on Monday.
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Preventing card payment risks in the context of digital banking transformation
In order to update and share information on risk management and crime prevention in card activities for members, on November 8, the Bank Card Association - under the Vietnam Banks Association organized a Conference with the theme "Card payment risks in the context of digital banking transformation".
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New regulations on mergers, consolidation of credit institutions proposed
The State Bank of Việt Nam (SBV) has proposed new regulations on the mergers and consolidation of credit institutions, to ensure the safety and legitimate rights of customers and creditors.
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Sacombank earns top international security certification for 11th consecutive year
Sacombank has achieved the Payment Card Industry Data Security Standard (PCI DSS) certification at the highest level with version 4.0, marking the 11th consecutive year it has been recognised for its safety and security in the card sector.
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Sacombank earns top international security certification for 11th consecutive year
Sacombank has achieved the Payment Card Industry Data Security Standard (PCI DSS) certification at the highest level with version 4.0, marking the 11th consecutive year it has been recognised for its safety and security in the card sector.
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2024 sees $1.41 billion in fintech funding so far
ASEAN fintech funding totalled $1.41 billion in the first three quarters of this year, constituting four per cent of global fintech funding.
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Welcome message from Chairman of ASEAN Bankers Association to the coming 52nd ASEAN Banking Council Meeting
On the occasion of the coming 52nd ASEAN Banking Council Meeting held in Kuala Lumpur, Malaysia from the 4 to 5 December 2024, Chairman of the ASEAN Bankers Association (ABA), Mr. Jose Teodoro k. Limcaoco has sent the Welcome message. VNBA News honorably introduces it.
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Vietnam's digital economy estimated to reach $36 billion in 2024
Vietnam's digital economy is continuing to show solid double-digit growth, and is forecast to reach $36 billion in gross merchandise value (GMV) in 2024, propelled by e-commerce and travel.
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Exchange and interest rates forecast to remain stable after US election
Experts believe that Vietnam's economic fundamentals are strong enough to withstand the volatility stemming from the US election results.
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State Bank of Vietnam to strengthen anti-money laundering efforts with new department
A new Department of Anti-Money Laundering will operate under the State Bank of Việt Nam (SBV) from January 5 next year.
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Lowered lending rates to facilitate capital access
The fourth quarter is bringing soaring capital demand for production and housing, calling for timely preferential credit and rate cuts to empower businesses and citizens in driving consumption and robust growth
