EY’s Global Banking Outlook 2018 shows that 85 per cent of banks name the implementation of a digital transformation programme as a business priority for 2018.
The Vietnamese personal finance products space is booming thanks to the rise of the young middle-class consumer society.
The State Bank of Vietnam has asked its branches and credit institutions nationwide to report quarterly their lending to small-and medium-sized enterprises (SMEs).
The State Bank of Vietnam (SBV) has set a credit growth target of 18% for this year and it pledged to continue measures to keep credit growth suitable to the country’s economic development.
The largest local commercial bank, Vietcombank (VCB), will increase its charter capital to over VND39.7 trillion (US$1.78 billion), said chairman Nghiem Xuan Thanh at the bank’s recent general shareholder’s meeting.
Despite low inflation this year, the Government should remain cautious when offering support to boost economic growth, said director of the State Bank of Vietnam's Credit Department, Nguyen Tien Dong.
Governor of the State Bank of Vietnam (SBV) Nguyen Van Binh has set a new target to bring down non-performing loans (NPLs) to less than 3% by September.
(VOV) - ANZ Vietnam CEO Tareq Muhmood shared his view with VOV reporter in an exclusive interview on the threshold of the New Year.
The domestic monetary market has become rather stable after several CEOs of local banks and a financial tycoon were arrested due to alleged illegal activities.
Vietnamese and foreign bankers are gathering in Hanoi on May 23-24 to discuss technology transformation towards effective banking governance and high quality services for the banking sector.