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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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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.
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Training courses on money laundering prevention, sanctions and international payments in banking activities
On May 30 and 31, 2024, the Vietnam Banking Association (VNBA) in collaboration with Wells Fargo Bank N.A will organize two training courses in Hanoi and Ho Chi Minh City on "Financial Crime, Anti-Money Laundering, Embargoes and International Payments in banking operations".
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VNBA and VASEP discuss on the Business Development Services Program
On April 26, 2024 at the Headquarters No. 193, Ba Trieu str., Hanoi, Vietnam Banks Association (VNBA) and Vietnam Association of Seafood Exporters and Producers (VASEP) has discussed on the Business Development Services Program within the framework of IPSC project.
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Result of the gold bullion auction on April 23, 2024
According to the announcement of The State Bank of Vietnam (SBV), the two winning bidders securing 34 lots, equivalent to 3,400 taels of SJC-branded gold bars were Saigon Jewelry Company Limited (SJC) and Asia Commercial Joint Stock Bank (ACB).
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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.
