VN becomes founding member of multilateral investment bank
(Jun 29, 2015)
The State Bank of Viet Nam's Nguyen Van Binh was among delegates from 50
countries who signed the articles of agreement to form China-backed
Asian Infrastructure Investment Bank.
State Bank of Viet Nam Governor Nguyen Van Binh was among delegates
from 50 countries who signed the articles of agreement to form
China-backed Asian Infrastructure Investment Bank (AIIB).
Viet Capital Commercial Joint Stock Bank (Viet Capital Bank) has partnered with Lien A
International Joint Stock Company, the official distributor for Audi
cars in Viet Nam, to offer preferential loans for customers buying Audi
cars until September 30.
Viet Nam Bank for Agriculture and Rural Development (Agribank) has
actively facilitated e-tax payment for more than 32,400 businesses
nationwide through the General Department of Taxation.
Governor of the State Bank of Viet Nam Nguyen Van Binh has set a new
target to bring down non-performing loans (NPLs) to less than 3 per cent
Fitch Ratings this week affirmed the ratings for four major Vietnamese banks.
BIDV will boost its comprehensive cooperation with Global Treasure Bank, one of the five largest banks in Myanmar.
Tien Phong Bank officially launched EasyLink accounts and electronic
banking – eBank 6.0 version – with totally new characteristics in Viet
Prime Minister Nguyen Tan Dung has directed the State Bank of Viet Nam
to enhance regular inspections and monitoring for compliance with the
regulations on credit extension and using the credit limit.
The outstanding loans of HCM City's credit institutions totalled some US$53.57 billion in the first half of 2015, up 5.4
per cent over the end of last year.
Businesses and banks in Viet Nam still resolve disputes through the
courts, even though arbitration and mediation remain the most popular
methods throughout the world in dealing with banking disputes.