VIB: 5.5% interest rate for online term deposits
(Jul 01, 2016)
Vietnam International Bank (VIB) will provide an annual interest rate of
5.5 per cent to enterprises opening online term deposits from July 1 to
Credit in the first half of this year rose 6.2 per cent in
comparison with the end of last year, according to the General
The banking sector will apply comprehensive monetary policies and
banking operations to improve credit access, focusing on enhancing
national credit ratings, according to the State Bank of Viet Nam (SBV).
Tien Phong Bank signed a contract with Fintek Co., Ltd and its
partner Diasoft Systems Ltd. on Wednesday for buying their loan
origination and debt collection systems.
The banking sector will apply comprehensive monetary policies and banking operations to improve credit access, according to the State Bank of Viet Nam.
SHB has reserved $133.3 million for customers seeking liquid capital for a term of six months between now and September 30.
Credit rose in HCM City in early June by 5.9 per cent, compared to
late last year, to VND1,308 trillion (US$58.13 billion), the city's
General Statistics Office reported.
The US dollar strengthened at domestic commercial banks today, following an increase in the reference exchange rate that the State Bank of Viet Nam adjusted for the day.
Remittances to HCM City in the first half of this year rose 3 per cent year-on-year to US$2.1 billion.
In getting the central bank's approval to open more branches and
transaction offices this week, LienVietPostBank became the first joint
stock commercial bank to have a transaction network covering the entire
Ten individual investors have registered to buy up to 67.5 million
shares of Saigonbank, while Vietinbank will divest only nearly 16.9
million shares of Saigonbank.