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Saturday, February 22, 2025

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DongA Bank renamed as Vikki

HCMC – DongA Bank was renamed as Vikki Digital Bank Limited on February 14 following a decision by the State Bank of Vietnam (SBV),...

Credit growth trajectory

The credit growth trajectory in the first six months of this year shows many similarities to the same period of last year, characterized by...

Is exchange rate put first?

In response to the fall of domestic currencies, central banks in the region have two options. They can either sell foreign currency to intervene...

Banks rush to issue bonds

April 2024 saw banks issuing VND7,800 billion of bonds via private placement, accounting for over 71% of the total value of debt issued by...

Banks must contact card holders with overdue debt: SBV

HCMC – Banks must proactively contact credit card holders whose debt is overdue, according to a State Bank of Vietnam (SBV) directive. The directive comes...

Making interest rates transparent

That credit institutions are required to publicize their average interest rates for loans may be used as a tool to compete for customers. Interest rates...

M&A activity heats up

In addition to the surge in M&A activity among finance companies, the banking sector may see even larger transactions this year. What is fueling...

A financial windfall for bank shareholders

With impressive financial performances in the fourth quarter and throughout 2023, several banks are considering distributing cash dividends to their shareholders. Profit targets met Vietcombank is...

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