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Dong A Bank

Vietnamese dong to strengthen in 2021: VNDirect Securities

Vietnamese dong to strengthen in 2021: VNDirect Securities

The Vietnamese dong will remain stable in the rest of the year but may appreciate by 0.5 per cent in 2021.
Foreign currency market eases following central banks intervention

Foreign currency market eases following central bank’s intervention

The US dollar on Wednesday depreciated against the Vietnamese dong after the State Bank of Viet Nam (SBV) sold the greenback on the cheap to stabilise the local foreign exchange market.
US dollar demands keep stable in local market

US dollar demands keep stable in local market

The US dollar listed at commercial banks has so far this year gained 1.67 per cent against the Vietnamese đồng due to a rise in the global market, but supply and demand for the greenback in the domestic market has remained stable.
Experts say no concern for US dollar appreciation

Experts say no concern for US dollar appreciation

The US dollar has continued to appreciate against the Vietnamese dong in recent days, but experts are not concerned about the rise.
Central bank triples net injection to 1.96 billion

Central bank triples net injection to $1.96 billion

Demand for the Vietnamese dong has surged significantly recently, pushing up interest rates in the inter-bank market.
Pan-Asian AIA, Dong A Bank join forces

Pan-Asian AIA, Dong A Bank join forces

AIA, one of the world’s largest life insurers has co-operated with the Dong A Bank, Viet Nam’s leading local retail bank to offer premier financial services to more Vietnamese customers.
Dong A bank recoups 185m of bad debts

Dong A bank recoups $185m of bad debts

Dong A Bank has delivered a steady performance under the State Bank of ViEt Nam’s special supervision, since August, recovering nearly VND4.2 trillion (US$185 million) of its non-performing loans.  
SBV fires Dong A Bank general director, deputy

SBV fires Dong A Bank general director, deputy

The State Bank of Viet Nam sacked Dong A Bank general director Tran Phuong Binh and deputy general director Nguyen Thi Ngoc Van on Thursday for a slew of legal violations by the HCM City-based bank on their watch a few years ago.
Banks slash salaries and cut jobs

Banks slash salaries and cut jobs

Eximbank has slashed nearly 500 workers and cut the salary for employees by 31.65 per cent in the first quarter this year, local press reported.
Banks brace for ATM withdrawal surge surge

Banks brace for ATM withdrawal surge surge

Banks in HCM City are ensuring that all ATMs will operate smoothly during the Tet (Lunar New Year) holidays to meet demand for cash withdrawals.
Interbank rate sees year-end increase

Interbank rate sees year-end increase

High capital demand from commercial banks raised the borrowing interest rates in the interbank market in the last week of 2013, the central bank''s statistics showed.
Saigon Co.op, Vietcombank, BIDV and Dong A Bank launch affinity cards

Saigon Co.op, Vietcombank, BIDV and Dong A Bank launch affinity cards

Local leading retailer Saigon Co.op in collaboration with Vietcombank, BIDV and Dong A Bank on Friday introduced their co-branded debit cards for customers who shop at Co.opmart supermarkets and Co.opXtra hypermarkets.