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Major banks go ahead with deposit rate cut plans

Major banks go ahead with deposit rate cut plans

Some major commercial banks have adjusted down their annual deposit rates for certain tenors by 10-30 basis points after a hike in the middle of 2018, according to VnEconomy news sites.

Appellate court reviews former ACB leaders’ verdicts

Appellate court reviews former ACB leaders’ verdicts

The court of appeals of the People’s Supreme Court started reviewing the appeals submitted by Nguyen Duc Kien, former vice chairman of the founding council of the Asia Commercial Bank (ACB), and other ACB former executives, in Hanoi on November 28.

Former bank tycoon faces more charges

Nguyen Duc Kien, former Vice Chair of the founding council of the Asia Commercial Bank (ACB) will face another charge of fraud under Article 139 of the Criminal Code.