Vietnam
Citi enables real-time consumer-to-business collections for Vietnamese corporate clients
The bank has tied up with fintech Payoo.
Citi enables real-time consumer-to-business collections for Vietnamese corporate clients
The bank has tied up with fintech Payoo.
Vietnam tops global mobile payments growth in 2019: study
Its 24 ppt growth rate toppled its Southeast Asian neighbours.
Embattled Vietnamese banks take refuge in foreign investments
Japan-based J Trust Corp will buy a stake in Construction Bank for an undisclosed amount.
Vietnam drafts rules urging lenders to settle bad loans before dividend payouts
The rules will apply to credit institutions and not to state-owned commercial banks.
Vietnam puts pressure on remaining 14 banks to list before 2020
17 of the 31 banks have already registered for trading.
Vietnamese banks' return on assets up for second straight year at 1.1% in 2018
Wider net interest spreads and lower credit costs boosted profitability.
MUFG appoints Calvin Nguyen as director and head of global corporate banking in Vietnam
He was the previous global banking country head in Vietnam International Bank.
Chart of the Week: Vietnamese banks are downplaying their problem loans
Vietinbank, for instance, reports an NPL ratio of 1.4% but the true figure is at least 3%.
Vietnamese banks call for higher foreign ownership ratio ceiling
Lenders are eager to meet capital requirements.
Vietnam hammers hard on bad loans as banks clear $6.42b in soured assets in 2018
This brings the bad loan ratio to 1.89% in 2018 from 1.99% in 2017.
Vietnam to put an end to cross-ownership at banks by 2020
The number of cases between direct share ownership between banks and enterprises fell to 4.
Vietnamese banks continue to grow consumer lending arms
Techcombank is allowing borrowers to loan up to 10 times their monthly income.
Vietnamese banks' 2018 pre-tax profit surges 40% as bad debt crackdown pays off
Lenders were able to resolve $6.5b in soured loans.
Vietnamese banks' capital shortfalls triggers bond issuance frenzy
BIDV has approved the issuance of 400,000 bonds to raise $170.5m.
Vietnamese banks cash in on $44b consumer finance market
The pivot to retail has boosted NIMs, loan growth and operational efficiency.
E-wallet war heats up in Vietnam as banks join fray
Four more banks received clearance to operate e-wallet businesses.
Vietnamese banks slash service fees in economic boost
BIDV cut nine service fees whilst Military Bank reduced 16.
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