Tag: United Oversea Bank
State Bank of Vietnam to keep policy rates steady in 2024: UOB
With the pace of economic activities on the mend and inflation rates already easing below the target level, the State Bank of Vietnam (SBV) will maintain its refinancing rate at the current level of 4.5% to support economic recovery, the United Overseas Bank (UOB) said in a report.
Vietnam’s regulatory interest rates to further down in fourth quarter: UOB
The United Overseas Bank (UOB) has maintained its economic growth forecast for Vietnam at 5.2% for 2023 and 6% for 2024 while forecasting that Vietnam will continue to cut regulatory interest rates in the remaining months of this year to balance economic growth and inflation pressure.
Reducing cost – Vietnamese businesses’ top priority: UOB study
Reducing cost is top priority for Vietnamese businesses as high inflation has affected 94% of businesses surveyed in 2022, according to a new study by the Singapore-based United Overseas Bank (UOB).
Vietnam’s regulatory interest rates to further down in third quarter: UOB
The United Overseas Bank (UOB) has lowered its 2023 economic growth forecast for Vietnam from 6% to 5.2%, and forecast that Vietnam will continue to cut regulatory interest rates in the third quarter this year to stimulate its economy.
UOB FinLab to help Vietnamese SMEs speed up digital transformation
UOB FinLab, an innovation accelerator powered by the Singapore-based United Overseas Bank (UOB), announced its official launch in Vietnam on June 13.
Vietnam dong one of most stable currencies in Asia: Experts
Amid the fluctuation of the global financial market, the exchange rate in Vietnam has remained stable in the first four months of this year, and the Vietnam dong has been considered one of the most stable currencies in Asia, according to experts.
Vietnam’s currency stable despite global uncertainties
Though the global financial market has seen uncertainties this year, Vietnam's currency and foreign exchange markets have remained stable.
UOB lowers Vietnam’s GDP growth forecast
VOV.VN - The United Overseas Bank (UOB) has moved to lower its 2023 economic growth forecast for the nation from 6.6% to 6% due to a low base in the first quarter (Q1) of this year.
Vietnamese banks remain attractive to foreign investors
Foreign investors’ continuous investment in Vietnam has shown their optimistic about the country’s economic outlook, despite the difficult situation of the global banking sector.
Central bank to cut refinance rate in next quarter: UOB
The Singapore-based United Overseas Bank (UOB) anticipates the State Bank of Vietnam (SBV) will cut its refinance rate in the second quarter this year by 100 basis points to 5.00%.
