Tags: vietcombank

Banks cut home loan interest rates

Banks cut home loan interest rates

Interest rates of home loans at commercial banks have tended to reduce significantly since the second half of July due to low capital demand from business and production.

Five banks give Da Nang 1.07m USD for COVID-19 fight

Five banks give Da Nang 1.07m USD for COVID-19 fight

Five banks have donated a total of 25 billion VND (1.07 million USD) for the fight against the new COVID-19 outbreak that is hitting Da Nang city hard, according to the State Bank of Vietnam (SBV).

Banks upbeat about charter capital hike in 2020

Banks upbeat about charter capital hike in 2020

Banks, especially State-owned banks, are expected to increase their capital significantly this year as they are allowed to retain profits or pay dividend in shares instead of cash as previously.

Vietcombank among Forbes’ top 1,000 listed companies worldwide

Vietcombank among Forbes’ top 1,000 listed companies worldwide

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) found a place among the 1,000 largest companies in Forbes’ recent “The World’s Largest Public Companies 2020” report, released in its Global 2000 annual rankings.

COVID-19 hits profitability of national banking sector

COVID-19 hits profitability of national banking sector

VOV.VN - If the ongoing COVID-19 epidemic is successfully brought under control by the end of the second quarter then it is likely that the pre-tax profits of banks will grow at an annual rate of 7.2%, with the rate drastically falling to 0.8% if the epidemic is unable to be controlled until the end of the year, according to SSI Securities Joint Stock Company.

Delay forecast for banks’ capital hike plans

Delay forecast for banks’ capital hike plans

The Government’s plans to increase capital for large State-owned commercial banks in the first quarter of this year could be delayed due to the COVID-19 outbreak, analysts predicted.

Pilot project allows fee payment for cars and motorbikes online

Pilot project allows fee payment for cars and motorbikes online

Residents in Hanoi and Ho Chi Minh City will now be able to pay registration fees for cars and motorbikes through the Government’s national public service portal, banking electronic payment channels and intermediary payment service providers.

Banking sector to cash in on benefits from EVFTA

Banking sector to cash in on benefits from EVFTA

The Vietnamese banking sector, now undergoing drastic restructuring, will have more opportunities to improve its financial capacity as well as learn modern business models and management from their European partners after the EU-Vietnam Free Trade Agreement (EVFTA) takes effect, according to insiders.