Tag: "bidv"

Large banks move to change deposit interest rates

Large banks move to change deposit interest rates

In contrast to Vietcombank’s move to cut deposit interest rate a week ago, two other large State-owned commercial banks -- Vietinbank and BIDV -- this week announced they were raising the rate.

Agribank, VAMC coordinate in settling bad debts

Agribank, VAMC coordinate in settling bad debts

The Vietnam Bank for Agriculture and Rural Development (Agribank) and the Vietnam Asset Management Company (VAMC) will work closely together to review bad debts and put forth proper measures to accelerate the settlement and recovery of bad debts.

Reference exchange rate down VND3

Reference exchange rate down VND3

The State Bank of Vietnam set its reference VND/USD exchange rate at VND22,467/USD on the morning of October 26, down by VND3 from the day ago.

Reference exchange rate down by VND3

Reference exchange rate down by VND3

The State Bank of Vietnam set its reference VND/USD exchange rate at VND22,459/USD on the morning of October 20, down by VND3 from a day ago.

Reference exchange rate goes up by 8VND

Reference exchange rate goes up by 8VND

The State Bank of Vietnam set its reference VND/USD exchange rate at VND22,460/USD on the morning of October 18, up by VND8 from the day ago.

Korean investors contest Vietnamese consumer finance

Korean investors contest Vietnamese consumer finance

Since the beginning of the year, myriad financial investors from the Republic of Korea have been actively searching for opportunities to enter the Vietnamese banking sector, especially the consumer finance segment. A typical example is Lotte Card, who is negotiating to acquire Techcom Finance.

Reference exchange rate up VND2

Reference exchange rate up VND2

The daily reference exchange rate for VND/USD was set at VND22,470 per USD on October 6, up VND2 from the previous day.

Reference exchange rate revised down

Reference exchange rate revised down

The State Bank of Vietnam adjusted the daily reference exchange rate for VND/USD to VND22,468 on October 5, down VND5 from the previous day.

Reference exchange rate up by VND6

Reference exchange rate up by VND6

The State Bank of Vietnam (SBV) set its reference VND/USD exchange rate at VND22,470/USD on September 28, up by VND6 from the previous day.

Reference exchange rate up by VND8

Reference exchange rate up by VND8

The State Bank of Vietnam set its reference VND/USD exchange rate at VND22,464/USD on September 27, up by VND8 from the day ago.

Reference exchange rate up by VND4

Reference exchange rate up by VND4

The State Bank of Vietnam set its reference VND/USD exchange rate at VND22,450/USD on September 22, up by VND4 from September 21.

Vietnam’s financial leasing sees potential

Vietnam’s financial leasing sees potential

Financial leasing institutions are the lastest solution to resolve capital shortages of local businesses, especially small- and medium-sized enterprises (SMEs).