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Top 10 banks in terms of CASA as of end Q3 2023

Top 10 banks in terms of CASA as of end Q3 2023

The banks are MB, Techcombank, Vietcombank, MSB, ACB, VietinBank, BIDV, TPBank, SeABank, and Sacombank.
New securities account openings in March lowest in two years

New securities account openings in March lowest in two years

This number is very low compared to the peak period, which saw between 200,000 and 450,000 accounts opened per month.
Opening Sacombank accounts with preferred numbers on VNPT Money app

Opening Sacombank accounts with preferred numbers on VNPT Money app

Sacombank and VNPT-Media Corporation have partnered to enable customers to open Sacombank payment accounts and debit cards through the VNPT Money application without having to go to the bank.
Banks race to attract low-cost capital sources

Banks race to attract low-cost capital sources

According to industry insiders, demand deposits, or current account savings account (CASA), of many banks has started to decline since the second quarter of 2022.
HDBanks e-SkyOne lifetime free account offers exceptional benefits

HDBank’s e-SkyOne lifetime free account offers exceptional benefits

From now until the end of this year, customers applying for HDBank’s e-SkyOne package will not only enjoy many free utilities but also have the opportunity to win a car worth billions of dong and many other expensive prizes.
Shinhan Bank launches ‘Account Receivable Loan

Shinhan Bank launches ‘Account Receivable Loan’

Shinhan Bank has launched a product called ‘Account Receivable Loan’ for small and medium - sized enterprises with preferential interest rates and other practical benefits.
Now open Sacombank transaction account on ZaloPay wallet

Now open Sacombank transaction account on ZaloPay wallet

From now through July people can open Sacombank payment accounts with preferred numbers on the ZaloPay application. 
Shinhan Bank launches product targeted at younger generations with amazing offers

Shinhan Bank launches product targeted at younger generations with amazing offers

Shinhan Bank has launched the ‘Gen MZ Co Len Installment account’ with deposit interest rates of up to 10 per cent and many other outstanding offers to enable young people to conveniently and successfully achieve financial goals in the future...
Current, savings account ratio on the rise

Current, savings account ratio on the rise

A financial report analysis of 24 Vietnamese banks shows that average Current and Savings Account (CASA) ratio of these banks rose from 17 per cent in 2020 to 19.4 per cent in late 2021.
Two out of five Vietnamese consumers will abandon long online banking account applications

Two out of five Vietnamese consumers will abandon long online banking account applications

Vietnamese consumers expect a seamless banking experience when it comes to opening an account via a mobile app or website, with two in five expecting to answer 10 questions or less or they will abandon the process.
Numbers, names: Bank allows customers to choose account identifier

Numbers, names: Bank allows customers to choose account identifier

An Bình Commercial Joint Stock Bank has unveiled a unique feature in its customer accounts: they will have alphabets and other characters that clients can choose.
Viet Nams current account forecast at 3.7% in 2020

Viet Nam's current account forecast at 3.7% in 2020

Viet Nam’s current account surplus could narrow to 3.7 per cent in 2020 from 4.9 per cent last year due to the impacts of the COVID-19 pandemic, according to a report from Fitch Solutions.
Banks warn of rising fraudulent websites, stolen accounts

Banks warn of rising fraudulent websites, stolen accounts

Banks have advised account owners to be vigilant as fraudulent activities, both online and offline, have been on the rise in recent times.
Nearly 6,000 agricultural products granted traceability codes

Nearly 6,000 agricultural products granted traceability codes

The Ha Noi Department of Agriculture and Rural Development has so far managed and granted administrative account codes for 2,527 for facilities, co-operatives, businesses and shops which trade safe food, agro, forestry and fishery products in the capital city.
Following fraud, wary banks allow customers to check accounts online

Following fraud, wary banks allow customers to check accounts online

Following the alleged misappropriation of VND245 billion (US$10.78 million) from an Eximbank customer’s account, many banks are now enabling their customers to check their accounts online.