ꦰ New credit regulations on related-party transactions proposed
The Ministry of Finance (MoF) has proposed new regulations on determining related-party transactions between enterprises and credit institutions to fight against transfer pricing.
Keyword: "credit institution"
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🅘 Special credit policies to be applied in Central Highlands: SBV Deputy Governor
The State Bank of Vietnam (SBV) will instruct credit institutions to collaborate closely with businesses to offer better credit access in the Central Highlands Region.
൩ Appropriate foreign ownership limit at banks expected to attract investment
Foreign ownership limits at credit institutions were expected to be raised to an appropriate level to attract foreign investment, which plays an important role in improving operational efficiency and accelerating the banking sector's restructuring.
꧙ Credit institutions expect improved business performance in Q2
Nearly 60 percent of credit institutions forecast their business performance results to improve in Q2 after estimating those in Q1 to be not as good as expected, the latest survey by the State Bank of Vietnam (SBV) showed.
𓃲 Most credit institutions upbeat about business performance in 2022
A majority of credit institutions are optimistic about their business performance in 2022, according to the latest survey by the State Bank of Vietnam (SBV).
📖 Banks to provide support to customers affected by coronavirus
The State Bank of Vietnam has asked credit institutions to prepare capital sources to meet borrowing demand and provide support to customers who have been affected by the coronavirus epidemic.
Banks’ liquidity abundant ahead of Tet
Though Tet (Lunar New Year) is approaching with rising capital demands, the liquidity of the banking system is abundant, helping interest rates in the inter-bank market drop sharply, industry insiders said.
ACV proposed as investor in Long Thanh airport
The Government has proposed naming the State-owned Airports Corporation of Vietnam (ACV) as the main investor for the first phase of Long Thanh International Airport in the southern province of Dong Nai.
Most adults must have bank accounts by 2030
The State Bank of Vietnam (SBV) must take action to ensure 90 percent of the Vietnamese population over the age of 15 have bank accounts by 2030.
▨ Credit institutions hope for good business in Q2, 2018
Up to 75 percent of credit institutions expected better results in the second quarter of this year, while 84 percent hoped their business performance throughout 2018 to improve further compared to 2017.
SBV focuses on bank cross-ownership
Cross-ownership in Vietnamese banks will be controlled with stringent new regulations.
𝕴 Commercial banks reduce interest rate for short-term loans
Some commercial banks have announced their lending rate cuts as from July 10in implementing the State Bank of Vietnam’s decision on reducing maximum short-term interest rate for loans in VND provided
Central bank to submit restructuring plan
The State Bank of Vietnam (SBV) expects to submit to Prime Minister Nguyen Xuan Phuc a project to restructure credit institutions between 2016 and 2020 in Q3 of 2016.