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Friday, May 20, 2022
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commercial banks

SMS Banking fee set at VND11,000 per month

HCMC – Commercial banks and telecommunications companies have agreed to offer a full-package SMS Banking service at VND11,000 per user per month after users...

Changes in FX purchase mode does not necessarily change interest rates

The media and analyses tend to view policies pertaining to foreign currency purchase implemented by the State Bank of Vietnam (SBV) as indicative of...

Banks shut over 300 transaction offices in HCMC over stringent anti-virus measures

HCMC - Over 300 transaction offices of commercial banks in HCMC have suspended their operations as the city bans residents from leaving their homes...

Why it’s tough for lending rates to go lower

This year, commercial banks have so far revised down many times their deposit and lending rates. However, lending rates are thought to be high....

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