December 30, 2011
Strong small banks should be allowed greater lending growth A local commercial bank’s employee counts money next to piles of dong notes in Hanoi on Monday The application of different credit caps on different banks based on their operational capacity is expected to correct a situation where banks with customers cannot offer loans while [...]
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August 25, 2009
State-run BIDV, Vietnam’s second-largest lender by assets, said on Monday it was selling 10-year bonds to raise VND1.36 trillion (US$76.3 million) to increase its equity and capital adequacy ratio. The Hanoi-based, unlisted bank started issuing the August 2019 debt on July 31 with an annual coupon of 10.5 percent for the first five years, it [...]
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April 20, 2009
JPMorgan Chase & Co., one of the biggest U.S. banking groups, has survived the current financial crisis largely unscathed as the company announced better-than-expected first quarter results. The wind blows the JPMorgan Chase flag outside its building (R) in front of the Bear Stearns building across the street (C) in New York, March 17, 2008.(Xinhua/Reuters [...]
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