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local banks

Napas reduces switching fee to promote cashless payments

Napas reduces switching fee to promote cashless payments

The National Payment Corporation of Vietnam (NAPAS) announced exemptions and reductions on service fees on electronic switching for local banks.
Banking profit grows 22.5% in 2020: SSI Research

Banking profit grows 22.5% in 2020: SSI Research

Local banks may increase their pre-tax profits by 22.5 per cent on-year in 2020, SSI Securities Corporation''s research unit has forecast.
Online exchange market for new notes gets busy before Tet

Online exchange market for new notes gets busy before Tet

Though the State Bank has not prepared new notes for local banks, the exchange market for much-coveted new notes has become very busy in recent days.
After delays, local banks eye listing

After delays, local banks eye listing

Several local banks are reportedly determined to list on stock markets in 2019 after delaying last year.
Future looks bright for local banks

Future looks bright for local banks

Business performance of commercial banks is forecast to continue its upward trend in 2018 after making significant improvements last year, according to a State Bank of Viet Nam (SBV) survey.
Large banks want foreign owner cap to be increased

Large banks want foreign owner cap to be increased

Large banks have asked the Government to increase the cap for foreign stakeholders in the banks from the current stipulated 30 per cent to more than 40 per cent.