Commercial banks in Vietnam have invested a total of VND15 trillion (US$629.7 million) in digital transformation, heard an online seminar on ensuring security and safety for e-payments in the digital era held on August 21.
Commercial banks have persistently reduced deposit interest rates, resulting in rates for many terms now standing at just above 6% per annum.
VOV.VN - Data is playing a key role in the operation of commercial banks, offering a huge resource to help the banks make timely and sound decisions.
VOV.VN - The Saigon-Hanoi Commercial Joint Stock Bank (SHB) has been named winner of the Best Sustainable Finance 2023 awards from Global Finance magazine.
The fourth cut in a row of regulatory interest rates by the State Bank of Vietnam (SBV) has provided an opportunity for commercial banks to reduce interest rates, thus attracting borrowers.
Four State-owned commercial joint stock banks in Vietnam have reached a high consensus on the State Bank of Vietnam (SBV)'s policy on reducing interest rates in the coming time.
The State Bank of Vietnam (SBV) has proposed increasing the foreign ownership cap at some commercial banks from 30% to 49%.
The State Bank of Vietnam (SBV) has issued a document instructing commercial banks to take all measures to support fuel traders.
Last week, the State Bank of Vietnam decided to put Saigon Joint Stock Commercial Bank (SCB) under special control and revamped the bank’s management to help the bank stabilize its operation, but analysts said the recent problem at SCB does not have any potential consequences on the banking system.
VOV.VN - Prime Minister Pham Minh Chinh on October 16 met with presidents and general directors of commercial banks on the occasion of Vietnam Entrepreneurs' Day.