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VNBA invites members to comment on the draft Circular on restructuring debt repayment terms and maintaining the same debt group
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 of the Circular No.02/2023/TT-NHNN (Circular 02) on restructuring the debt repayment period and keeping the debt group intact.
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Lenders increase provisioning to protect against bad debt
Circular No.02 provides instructions for credit institutions and foreign banks on debt rescheduling and retention of debt categories to assist borrowers. It was issued in April 2023 with an initial expiry set for the end of June this year, but following this announcement from the State Bank of Vietnam (SBV), the policy is now extended until the end of the year.
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VNBA Chairman: The role and position of the VNBA is increasingly enhanced
The Association's recent activities have made its role and position increasingly enhanced, received trust and support from all levels, sectors and member organizations.
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VNBA held the 4th Annual Conference successfully in 2024
On May 10, 2024, the Vietnam Banks Association (VNBA) held the 4th Annual Conference, term VII in 2024. The conference was honored to have the participation and direction of the Deputy Governor of the State Bank of Vietnam Pham Tien Dung.
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Vietnam Banks Association: 30 years of accompanying and working side by side with member organizations
It is 30th anniversary of Vietnam Banks Association (VNBA) in 2024. With its best effort and determination, the consensus and contribution from member organizations, VNBA wholeheartedly believed that it would successfully complete planned tasks, well implemente the assigned mission and get more new historic achievements in the milestones ahead.
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Banking sector to lead national digital transformation: PM
Việt Nam's banking sector is in a prime position to take the lead in the country's digital transformation process, said Prime Minister Phạm Minh Chính at an event organised by the State Bank of Vietnam (SBV) to promote the development of digital ecosystems and connectivity in Hà Nội yesterday.
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Congratulation letter from ASEAN Bankers Association Secretary General Paul C G Gwee to VNBA's 30th Anniversary
On the occasion of the 30th anniversary of the establishment of Vietnam Banks Association (May 14,1994 - May 14, 2024), Mr. Paul C G Gwee - Secretary General of the ASEAN Bankers Association has sent the Congratulation letter to VNBA's 30th Anniversary and extended his sincere and heartiest congratulations to the VNBA’s Board, Secretariat, Management team, and all members of VNBA on reaching this significant milestone. Wishing the 30th Anniversary of VNBA a great success and joyous occasion.
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VNBA and VINASA co - organize a seminar on "Green Finance for Sustainable Development"
On May 28-29, 2024, Vietnam Banks Association (VNBA) and Vietnam Software and IT Services Association (VINASA) will jointly organize a seminar on "Green Finance for Sustainable Development" . The conference is within the framework of the Vietnam - Asia Digital Transformation Summit 2024 taking place over two days in Hanoi. Prime Minister Pham Minh Chinh is expected to attend and deliver an orientational speech.
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Bank deposits decline for first time in over two years
Banks’ deposits decreased for the first time in two years as of the end of March, according to data from the central bank.
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VNBA requests members to comment on the draft Circular on dossiers and procedures for the first-time licensing of credit institutions
The Vietnam Banks Association (VNBA) has just sent an official request to the General Directors of member organizations to give comments on the draft Circular regulating dossiers and procedures for first-time licensing of commercial banks, foreign bank branches and foreign representative offices.
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Letter of Congratulations from the Governor of the State Bank of Vietnam on the occasion of the 30th Anniversary of the establishment of Vietnam Banks Association
On the occasion of the 30th Anniversary of the establishment of Vietnam Banks Association (May 14, 1994 – May 14, 2024), on behalf of the Personnel Board of the SBV’s Party Committee and the SBV’s Board of Management, I would like to convey the best wishes to all of the former and current leaders, civil servants and employees of the Vietnam Banks Association (VNBA).
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Banking sector in AI era
On May 3, 2024, at the headquarters of the State Bank of Vietnam (SBV), the Trade Union of the central SBV organized a Seminar on "Banking sector in the era of Artificial Intelligence". SBV Deputy Governor Pham Tien Dzung, First Vice Chairman of the Steering Committee for Digital Transformation in the Banking Sector attended and gave a speech at the Seminar.
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Rules on capital adequacy ratio help reduce credit risks for banks, foreign bank branches
In order to address drawbacks for banks and foreign bank branches in Vietnam, the State Bank of Vietnam (SBV) on March 1 issued Consolidated Text 05/VBHN-NHNN of the Circular regulating capital adequacy ratios (CARs) for banks and foreign bank branches in Vietnam.
