Tags: agribank

Five banks give Da Nang 1.07m USD for COVID-19 fight

Five banks give Da Nang 1.07m USD for COVID-19 fight

Five banks have donated a total of 25 billion VND (1.07 million USD) for the fight against the new COVID-19 outbreak that is hitting Da Nang city hard, according to the State Bank of Vietnam (SBV).

Law makers set to adopt resolutions on important issues

Law makers set to adopt resolutions on important issues

VOV.VN - The 14th National Assembly (NA) convened for their ninth session in Hanoi on May 20, with the event set to last for 19 days with two phases, during which members will consider and approve resolutions on a range of important issues, including those related to the adoption of the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA).

Ministry gives push to equitisation of SOEs

Ministry gives push to equitisation of SOEs

The Ministry of Finance has raised a number of measures to accelerate the equitisation of State-owned enterprises (SOEs) since the process made no improvements recently.

Banks eye post-pandemic business opportunities

Banks eye post-pandemic business opportunities

Banks are ready to seize business opportunities in the coming months as the COVID-19 pandemic has been basically controlled in Vietnam and domestic production and business are expected to accelerate soon.

Banks to offer credit packages for customers affected by COVID-19

Banks to offer credit packages for customers affected by COVID-19

The Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) and the Vietnam Bank for Agriculture and Rural Development (Agribank) will provide credit packages worth VND60 trillion and VND100 trillion respectively to support customers amid the COVID-19 pandemic.

Banking sector to cash in on benefits from EVFTA

Banking sector to cash in on benefits from EVFTA

The Vietnamese banking sector, now undergoing drastic restructuring, will have more opportunities to improve its financial capacity as well as learn modern business models and management from their European partners after the EU-Vietnam Free Trade Agreement (EVFTA) takes effect, according to insiders.

SBV tightens lending regulations with bad loans on the rise

SBV tightens lending regulations with bad loans on the rise

The State Bank of Vietnam (SBV) has taken steps to tighten regulations over banks’ use of short-term deposits, reducing its ratio used to finance medium and long term loans from 60 percent now to 40 percent by September next year.

Vietnam, Cambodia’s central banks look to foster partnership

Vietnam, Cambodia’s central banks look to foster partnership

Leaders of the State Bank of Vietnam (SBV) and the National Bank of Cambodia (NBC) met in Phnom Penh on September 16 at an annual conference to share experience in macro-economy management, especially in finance-banking, and seek ways to strengthen cooperation in personnel training.

Thai firm to acquire Agribank subsidiary

Thai firm to acquire Agribank subsidiary

Thai financial firm Srisawad Corporation is looking to acquire the Finance Leasing Company I (ALC I) of the Vietnam Bank for Agriculture and Rural Development (Agribank) at an estimated cost of 523 billion VND (22.45 million USD).

Banks post high profits in 2018

Banks post high profits in 2018

Despite the central bank’s tightened monetary policy, many banks reported good business performance last year thanks to improved bad debt resolution and rising income from services.

Agribank enhances cooperation with Japan’s Yanmar Group

Agribank enhances cooperation with Japan’s Yanmar Group

Deputy General Director of the Vietnam Bank for Agriculture and Rural Development (Agribank) Pham Toan Vuong has had a working session with representatives from Yanmar, a Japanese agricultural machinery manufacturer.