Banks have warned customers about fraud during the COVID-19 pandemic, advising them not to open suspicious emails or click on dubious links sent as email attachments related to the pandemic.
Domestic banks have recently been warning their customers about new online scams.
Several local banks are reportedly determined to list on stock markets in 2019 after delaying last year.
Vietnam chess teams have received US$25,000 from Nam A Bank for their achievements at the 43rd Batumi Chess Olympiad in Georgia.
The first half of 2017 has witnessed many bancassurance deals in Vietnam and the second may also see heightened cooperation among insurers and commercial banks, which promises to heat up the bancassurance sector.
Bankers have been cautious when asked if their plans to increase charter capital can be fulfilled this year.
The banking system is expected to further develop this year, as 16 banks have announced plans to increase capital by a total of nearly VND37 trillion (US$1.62 billion).
Not only the issues of human resources, bad debt, profit, dividends, but also the pressure of increasing capital to cater for updated standards in line with Basel II are pushing banks to exhaustion before and after their 2017 general shareholders’ meeting (GSM).
Despite the high demand and the fertile market, only 50% of Vietnamese owned finance leasing companies have been profitable.
Many large-sized commercial banks have no scope for credit growth for the last months of the year, as they have used nearly all the quota allowed by the central bank.
Many small banks want to increase their capital but have failed to do so, according to independent market watchdogs.
Vietnam's Eximbank, 15.07% owned by Japan's Sumitomo Mitsui Banking Corp , is in talks with unlisted domestic lender Nam A Bank about a possible merger, sources with knowledge of the matter told Reuters.