HCM City credit institutions’ total loans outstanding as of the end of last year were worth over VNĐ3.9 quadrillion (US$153.3 billion), a 11.3 per cent increase for the year, according to the central bank.
A private lender is appealing a court decision requiring it to reimburse a client for nearly VNĐ47 billion (US$1.83 million) in unauthorised withdrawals from her account.
According to statistics, 7 banks, including Agribank, Bac A Bank, NCB, MBV, Eximbank, KienLongBank and VietBank, have so far this year increased mobilisation interest rates to attract idle cash flow from the population.
Following the transfer, DongA Bank will operate as a single-member limited liability bank fully owned by HDBank, ensuring all rights of depositors and customers are upheld.
Recent adjustments to Việt Nam''s economic growth forecasts from major financial institutions highlight growing confidence in the country''s economic trajectory.
The move is meant to help improve GPBank''s operations as well as allow VPBank to expand its business. VPBank may either retain GPBank as a subsidiary, or sell or transfer the bank to a new investor after the mandatory transfer...
This initiative, co-financed by the US International Development Finance Corporation (DFC), aims to enhance financial inclusion through digital banking in Việt Nam, with a total loan value of US$120 million.
Customers of seven banks, including Vietinbank, BIDV, Vietcombank, Sacombank, TPBank, BVBank and Nam A Bank, can now scan LaoQR codes to make payments in Laos.
Announcing performance results of the banking industry in Hà Nội, the deputy governor of the SBV said monetary policy in 2024 was reasonable, ensuring the country’s GDP growth at 7.08 per cent and inflation under control at 3.6 per cent.
