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Vietnam bank

Nearly VNĐ235 trillion raised through G-bonds in eight months

Nearly VNĐ235 trillion raised through G-bonds in eight months

The State Treasury and the Vietnam Bank for Social Policies (VBSP) mobilised nearly VNĐ235 trillion (US$9.8 billion) in the first eight months of this year, the Hanoi Stock Exchange (HNX) has announced.
Cambodia to promote cross-border digital payment with Viet Nam, Laos

Cambodia to promote cross-border digital payment with Viet Nam, Laos

National Bank of Cambodia (NBC) is preparing to sign agreements with the State Bank of Vietnam and the Bank of the Lao People''s Democratic Republic to promote the use local currency in their economic activities.
State Bank of Vietnam announces amendments to bank loans circular

State Bank of Vietnam announces amendments to bank loans circular

The State Bank of Vietnam (SBV) has been developing a draft amending Circular 39 on bank loans to keep credit risks in check
VBSP to roll out interest cuts worth VND3 trillion this year

VBSP to roll out interest cuts worth VND3 trillion this year

The State Bank of Vietnam (SBV) has been working around the clock to ensure the smooth implementation of an interest rate package cut through the Vietnam Bank of Social Policies (VBSP).
Agribank and FWD Vietnam announce partnership

Agribank and FWD Vietnam announce partnership

The Vietnam Bank for Agriculture and Rural Development and FWD Vietnam Life Insurance Company Limited launched a new bancassurance partnership to better meet the financial and insurance needs of Vietnamese people, on January 12.
State Bank of Vietnam draft regulations on social housing lending cause controversy.

State Bank of Vietnam draft regulations on social housing lending cause controversy.

The State Bank of Vietnam (SBV) has proposed that commercial banks not be allowed to provide preferential loans to low-income people seeking to purchase, lease and lease-purchase social houses.
Agribank up 17 places in Brand Finance Banking 500

Agribank up 17 places in Brand Finance Banking 500

The Vietnam Bank for Agriculture and Rural Development (Agribank) jumped 17 spots to rank 173rd in the recently announced Brand Finance Banking 500 list for 2021, which featured the most valuable and strongest banking brands in the world.
Businesses get access to non-interest loan package

Businesses get access to non-interest loan package

Forty businesses have received money from the Government’s non-interest loan package of VNĐ62 trillion (US$2.7 billion) to pay salaries to nearly 1,200 employees who have stopped working due to the serious impacts caused by the COVID-19 pandemic.
Bank lending rates expected to fall in the new year

Bank lending rates expected to fall in the new year

A report by securities firm SSI on the financial and monetary market says deposit interest rates are likely to be cut by 0.5- 1 percentage point this year, and lending interest rates would also be cut by at least 0.5...
Nearly 38 billion worth of G-bonds raised

Nearly $38 billion worth of G-bonds raised

The Government bond notes were backed by the Vietnam Bank for Social Policies (VBSP) with maturity of 15 years.
Agribank to issue 215m worth of bonds

Agribank to issue $215m worth of bonds

The Vietnam Bank for Agriculture and Rural Development (Agribank) will issue five million bonds to the public, with a total value of VNĐ5 trillion (US$215 million).
Central bank to keep monetary policy on hold through 2019

Central bank to keep monetary policy on hold through 2019

The State Bank of Viet Nam (SBV) will hold its benchmark refinancing and discount rates at 6.25 per cent and 4.25 per cent, respectively, in addition to maintaining its 14 per cent credit growth target for the remainder of 2019
Thai firm to acquire Agribank subsidiary

Thai firm to acquire Agribank subsidiary

Thai financial firm Srisawad Corporation is looking to acquire the Finance Leasing Company I (ALC I) of the Vietnam Bank for Agriculture and Rural Development (Agribank) at an estimated cost of VND523 billion (US$22.45 million).
Agribank must go IPO by 2020, clear all bad debts

Agribank must go IPO by 2020, clear all bad debts

The Vietnam Bank for Agriculture and Rural Development (Agribank) must resolve all non-performing loans kept at the Viet Nam Asset Management Company (VAMC), said deputy PM Vuong Dinh Hue.
Viet Nams Agribank assigned first-time Ba3 ratings

Viet Nam’s Agribank assigned first-time Ba3 ratings

Moody’s Investors Service has assigned first-time Ba3 deposit and issuer ratings to Vietnam Bank for Agriculture and Rural Development (Agribank).