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Tag: commercial banks

Commercial banks invest nearly US$630 million in digital transformation: SBV
Commercial banks invest nearly US$630 million in digital transformation: SBV

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 invest nearly US$630 million in digital transformation: SBV

Commercial banks invest nearly US$630 million in digital transformation: SBV

Commercial banks continue to cut deposit interest rates
Commercial banks continue to cut deposit interest rates

Commercial banks have persistently reduced deposit interest rates, resulting in rates for many terms now standing at just above 6% per annum.

Commercial banks continue to cut deposit interest rates

Commercial banks continue to cut deposit interest rates

How to leverage big data to strategize digital banks in Vietnam?
How to leverage big data to strategize digital banks in Vietnam?

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.

How to leverage big data to strategize digital banks in Vietnam?

How to leverage big data to strategize digital banks in Vietnam?

SHB grabs Best Sustainable Finance 2023 awards
SHB grabs Best Sustainable Finance 2023 awards

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.

SHB grabs Best Sustainable Finance 2023 awards

SHB grabs Best Sustainable Finance 2023 awards

Interest rates cut expected to attract borrowers
Interest rates cut expected to attract borrowers

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.

Interest rates cut expected to attract borrowers

Interest rates cut expected to attract borrowers

Major commercial banks agree to further reduce interest rates
Major commercial banks agree to further reduce interest rates

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.

Major commercial banks agree to further reduce interest rates

Major commercial banks agree to further reduce interest rates

Foreign ownership at some local banks may rise to 49%
Foreign ownership at some local banks may rise to 49%

The State Bank of Vietnam (SBV) has proposed increasing the foreign ownership cap at some commercial banks from 30% to 49%.

Foreign ownership at some local banks may rise to 49%

Foreign ownership at some local banks may rise to 49%

SBV asks commercial banks to support fuel traders
SBV asks commercial banks to support fuel traders

The State Bank of Vietnam (SBV) has issued a document instructing commercial banks to take all measures to support fuel traders.

SBV asks commercial banks to support fuel traders

SBV asks commercial banks to support fuel traders

VinaCapital remains positive about banking sector’s long-term outlook
VinaCapital remains positive about banking sector’s long-term outlook

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.

VinaCapital remains positive about banking sector’s long-term outlook

VinaCapital remains positive about banking sector’s long-term outlook

PM meets leaders of commercial banks on Vietnam Entrepreneurs’ Day
PM meets leaders of commercial banks on Vietnam Entrepreneurs’ Day

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.

PM meets leaders of commercial banks on Vietnam Entrepreneurs’ Day

PM meets leaders of commercial banks on Vietnam Entrepreneurs’ Day

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