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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.
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Training course "Framework of credit contracts and loan security contracts according to the provisions of the Civil Law"
Currently, credit contracts and loan guaranted contracts are mostly based on the templates prepared by credit institutions thus making asymmetry between the borrowers and the credit institutions.
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Majority of credit institutions forecast profit growth in 2024
A total of 86.2 per cent of credit institutions expect their profit this year to grow compared to 2023, according to the latest survey of the State Bank of Việt Nam (SBV).
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MB Bank is expected to reach 30 million customers in 2024
On the morning of April 19, in Hanoi, Military Commercial Joint Stock Bank (MB - Code: MBB) successfully organized the 2024 Annual General Meeting of Shareholders with many important issues submitted and approved.
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Understanding Money to Avoid Worries
The book ‘Understanding Money to Avoid Worries’ is a lighthearted comic recommendation from many experts because it is essential for every family.
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The Council of Vietnam Banks Association meets for the 5th session, term VII
On April 17, 2024, in Hanoi, the Council of Vietnam Banks Association held the 5th meeting, term VII with the participation of members of the Association Council and the Inspection Committee, led by Mr. Pham Duc An, Chairman of the Association Council presided.
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The Conference "Financial Innovation in Vietnam WFIS 2024"
On the morning of April 15, 2024, the Conference "Innovating financial work in Vietnam WFIS 2024" organized by the Vietnam Banks Association (VNBA) in collaboration with TradePass Company, officially opened with a series of events on April 15 and 16, 2024. The Conference has attracted the participation of about 500 technology and business directors from leading banks, insurance and microfinance organizations across the country.
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SBV requests to coordinate in importing and organizing bidding for gold bars
On April 15, the State Bank sent an official dispatch to the ministries of Finance, Public Security, and Industry and Trade requesting support for customs clearance for importing raw gold and organizing SJC gold bar bidding to reduce the differences between domestic prices and the world ones...
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Factoring is an important product for the international trade
According to Dr. Nguyen Quoc Hung - Vice Chairman cum General Secretary of the Vietnam Banks Association (VNBA), factoring is an important product in the international trade, a convenient and effective source of finance for the private sector. The development of factoring will significantly improve the financial access for the private sector and small and medium enterprises in Vietnam.
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SBV announces appointment Decision of Deputy Director General of Payment Department
On April 10, 2024, the State Bank of Vietnam (SBV) held a ceremony to announce the SBV Governor’s Appointment Decision of Deputy Director General of the Payment Department. The ceremony was attended by Deputy Governor Pham Tien Dzung, together with representatives of the Personnel Board of the SBV’s Party Committee, the Human Resources Department, and all of the officials and staff of the Payment Department.
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Agribank honored to receive the STP award 2023 from Standard Chartered
On April 11, 2024, Agribank was honored to receive the Straight Through Processing (STP) Award in 2023 from Standard Chartered Bank with the Straight-Through Processing (STP) rate reaching 98.6%.
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VNBA and Ant Group discuss on digital transformation training
On the morning of April 11, 2024, in Hanoi, the Vietnam Banking Association (VNBA) received a delegation of Ant Group led by Ms. Charosporn Om Chalermtiarana (Ms. Om), Senior Advisor on Government Relations (in charge of Thailand and Vietnam) of Ant Group.
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Card payment market: New trends of risks and frauds
On the morning of April 8, 2024, at the headquarters of the Vietnam Banks Association (VNBA), Vice Chairman and General Secretary Nguyen Quoc Hung received a delegation of Visa International service Association led by Ms. Dang Tuyet Dung, Visa Country Manager for Vietnam &Laos.
