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VNBA and CSIS talk about cross-border payments
On November 12, 2024, Vietnam Banks Association (VNBA) had a working session and discussed with a group of researchers from the Central Institute for Economic Management (CIEM) and the Center for Strategic and International Studies (CSIS) on the ASEAN cross-border payment system (ASEAN CBPS).
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
Individual customers' bank savings hit record high
Individual customers' banking deposits hit a record high of more than VNĐ6.83 quadrillion as of the end of July 2024, newly released data from the State Bank of Vietnam (SBV) shows.
Cheap money period in Việt Nam forecast to come to an end
The period of cheap money is coming to end as deposit interest rates are increasing, causing lending interest rates next time to be difficult to maintain at the same low level as at the beginning of this year, experts forecast.
Banks limits foreign room, waiting for strategic buyers
Commercial banks have been holding back on increasing their foreign ownership ratio, or foreign room, to wait for suitable strategic buyers in the future, according to industry leaders and insiders.
SeaBank to set up asset management arm
The State Bank of Việt Nam (SBV) will allow Southeast Asia Commercial Joint Stock Bank (SeaBank) to set up its own asset management firm.
Other Member
MUFG Bank, Hanoi Branch
Chairman:
CEO: Mr Masao Kojima
Authorized capital: 105.000.000 USD (as of 12/31/2022)
Head Office: 10th Floor, Tower 1, Capital Place, 29 Lieu Giai Street, Ngoc Khanh Ward, Ba Dinh District, Hanoi, Vietnam
Website: https://www.bk.mufg.jp/global/globalnetwork/asiaoceania/hanoi.html
VIETNAM JOINT STOCK COMMERCIAL BANK FOR INDUSTRY AND TRADE (VIETINBANK)
Chairman: Mr Trần Bình Minh
CEO: Mr. Đỗ Thanh Sơn - Deputy General Director - In charge of the Executive Board
Authorized capital: 48.057.506.090.000 (up to 31/12/2022)
Head Office: 108 Tran Hung Dao, Cua Nam Ward, Hoan Kiem District, Hanoi City, Vietnam
Website: https://vietinbank.vn
Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV)
Chairman: Mr Phan Đức Tú
CEO: Mr Lê Ngọc Lâm
Authorized capital: 50.585.238.160.000 VND (up to 31/12/2022)
Head Office: BIDV Tower, 194 Tran Quang Khai, Street, Ly Thai To Ward, Hoan Kiem District, Hanoi city, Vietnam
Website: https://www.bidv.com.vn/en/
Công ty Cổ phần dịch vụ Trực tuyến Cộng Đồng Việt (VietUnion) - Payoo
Chairman:
CEO:
Authorized capital:
Head Office:
Website:
Vietnam Bank for Agriculture and Rural Development (Agribank)
Chairman: Mr Phạm Đức Ấn
CEO: Mr Phạm Toàn Vượng
Authorized capital: 34.446.863.milions VND (up to date 31/12/2022)
Head Office: No. 2 Lang Ha street, Ba Dinh district, Hanoi, Vietnam
Website: https://www.agribank.com.vn
Indovina Bank Limited (IVB)
Chairman:
CEO: Mr LIU CHUN HAO
Authorized capital:
Head Office:
Website: https://www.indovinabank.com.vn/
