January 27, 2010
LookAtVietnam – Commercial banks are proposing the ceiling interest rate scheme is removed, saying it has caused major difficulties in capital mobilization and lending. According to the governor of the State Bank of Vietnam Nguyen Van Giau, five out of 16 banks in HCM City have been found to have outstanding loans double the mobilized [...]
Tags: 10 49, 49 Percent, At High Interest, At High Interest Rates, banks, Basic Interest, Basic Interest Rate, capital, Ceiling interest, Ceiling interest rate, Ceiling interest rate scheme, ceiling:, Commercial, Commercial banks, director, dollar, General, General director, High interest, High Interest Rates, interest, Interest rate, Interest rate scheme, Interest rates, Kieu Hoi, lending, Monetary Policy, money, Per annum, percent, Percent Per, Percent Per Annum, policy, Rate scheme, rates, remove, Remove The Ceiling, Remove The Ceiling Interest, Sacombank, scheme, Sell Dollars, state, State bank, State Bank Has, Stressed That The, That The Ceiling, That The Ceiling Interest, The banks, The Basic, The Basic Interest, The Basic Interest Rate, The ceiling, The ceiling interest, The ceiling interest rate, The government, The national, The problem, The Problems, The state, The state bank, The State Bank Has, To Remove The, To Remove The Ceiling, To Sell Dollars, Vietnam
Posted in Business, News | Comments Off
September 22, 2009
LookAtVietnam – The Hanoi Stock Exchange (HNX) says the low number of bonds sold in recent Government bond bids does not mean they failed. HNX makes the statement following media criticism the Ministry of Finance for unsold bonds, saying instead that the currently unreasonable ceiling interest rate scheme is the main reason for the lack [...]
Tags: banks, Bond Bids, Bond Issuances, capital, Ceiling interest, Ceiling interest rate, Ceiling interest rate scheme, ceiling:, Commercial banks, finance, Government, Government Bond, Government Bond Bids, In Government Bond, interest, Interest rate, Interest rate scheme, Ldquo, ministry, Rate scheme, Rdquo Dung, Rdquo Dung Said, scheme, The Bond, The Bond Bids, The government, The Main, The ministry
Posted in Business, News | Comments Off
September 10, 2009
LookAtVietnam – Commercial banks have asked for the removal of the ceiling interest rate scheme and the application of the negotiation-based interest rate scheme. The ‘interest rate war’ lasting several months now has pushed deposit interest rates up to nine percent on 12-month term deposits. Many banks have to mobilise capital at the interest rate [...]
Tags: banks, basic, Basic Interest, Basic Interest Rate, capital, Ceiling interest, Ceiling interest rate, Ceiling interest rate scheme, Ceiling Lending, Ceiling Lending Interest, Ceiling Lending Interest Rate, ceiling:, Deposit, Deposit Interest, Deposit Interest Rates, Downturn Period, economic, Economic downturn, Economic Downturn Period, High interest, In The Post, In The Post Economic, interest, Interest rate, Interest rate scheme, Interest rates, investment, lending, Lending Interest, Lending Interest Rate, Lending Interest Rates, margin, Monetary Policy, National Economy, Nguyen, Of The Basic, Of The Basic Interest, Of The Ceiling, percent, period, Post Economic, Post Economic Downturn, Post Economic Downturn Period, Rate scheme, rates, Said That The, Said That The Ceiling, scheme, That The Ceiling, That The Ceiling Interest, The bank, The Basic, The Basic Interest, The Basic Interest Rate, The ceiling, The ceiling interest, The ceiling interest rate, The Ceiling Lending, The Ceiling Lending Interest, The Lending, The Lending Interest, The Lending Interest Rate, The Monetary, The Monetary Policy, The national, The National Economy, The Post, The Post Economic, The Post Economic Downturn
Posted in Business, News | Comments Off
September 10, 2009
LookAtVietnam – Commercial banks have asked for the removal of the ceiling interest rate scheme and the application of the negotiation-based interest rate scheme. The ‘interest rate war’ lasting several months now has pushed deposit interest rates up to nine percent on 12-month term deposits. Many banks have to mobilise capital at the interest rate [...]
Tags: banks, basic, Basic Interest, Basic Interest Rate, capital, Ceiling interest, Ceiling interest rate, Ceiling interest rate scheme, Ceiling Lending, Ceiling Lending Interest, Ceiling Lending Interest Rate, ceiling:, Deposit, Deposit Interest, Deposit Interest Rates, Downturn Period, economic, Economic downturn, Economic Downturn Period, High interest, In The Post, In The Post Economic, interest, Interest rate, Interest rate scheme, Interest rates, investment, lending, Lending Interest, Lending Interest Rate, Lending Interest Rates, margin, Monetary Policy, National Economy, Nguyen, Of The Basic, Of The Basic Interest, Of The Ceiling, percent, period, Post Economic, Post Economic Downturn, Post Economic Downturn Period, Rate scheme, rates, Said That The, Said That The Ceiling, scheme, That The Ceiling, That The Ceiling Interest, The bank, The Basic, The Basic Interest, The Basic Interest Rate, The ceiling, The ceiling interest, The ceiling interest rate, The Ceiling Lending, The Ceiling Lending Interest, The Lending, The Lending Interest, The Lending Interest Rate, The Monetary, The Monetary Policy, The national, The National Economy, The Post, The Post Economic, The Post Economic Downturn
Posted in Business, News | Comments Off
June 4, 2009
The State Bank of Vietnam (SBV) will not force any enterprises, either foreign-invested or domestic, to sell foreign currencies to commercial banks, Deputy Governor of SBV Nguyen Van Binh affirmed. In Vietnamese territory, the prices of all goods must be quoted in VNDThe deputy governor stated the above during the Vietnam Business Forum in HCM [...]
Tags: All Goods, All Goods Must, allowed, banks, Binh Said That, Business, Business Forum, Businesses, Ceiling interest, Ceiling interest rate, Ceiling interest rate scheme, ceiling:, Commercial, Commercial banks, credit, Credit Institutions, currency, Deputy Governor, enterprises, Flexible, Flexible Solution, Foreign, Foreign Currencies, Foreign Currency, Foreign Invested Enterprises, Foreign Ownership, Foreign Ownership Ratio, Foreign-invested, forum, goods, group, In Vietnamese Banks, In Vietnamese Territory, In Vietnamese Territory The, interest, Interest rate, Interest rate scheme, Invested Enterprises, Of All Goods, Of All Goods Must, order, ownership, Ownership Ratio, percent, Price Quotations, Proposal, Rate scheme, ratio, Reconsider The Ratios, Said That The, Said That The Ceiling, State bank, Territory The Prices, That The Ceiling, That The Ceiling Interest, That The Government, The Banking, The ceiling, The ceiling interest, The ceiling interest rate, The Compilation, The current, The foreign, The Foreign Currency, The government, The implementation, The Prices, The Proposal, The Ratios, The state, The state bank, The vietnam, The Vietnam Business, The Vietnam Business Forum, Vietnam, Vietnam Business, Vietnam Business Forum, Vietnamese, Vietnamese Banks, Vietnamese Territory, Vietnamese Territory The, Vietnamese Territory The Prices, Working Group
Posted in Business, News | Comments Off
April 9, 2009
Rumours have been spread these days that SBV plans to slash the basic interest rate. However, no commercial banks wants to believe that this will become realistic. Associate Professor Dr. Nguyen Thi Mui, Director of Vietinbank’s Training and Human Resource Development Centre, said that the monetary policy has never been adjusted so many times before [...]
Tags: &lsquo, And Human Resource, And Human Resource Development, banks, basic, Basic Interest, Basic Interest Rate, Basic Interest Rate Reduction, Basic Interest Rate Scheme, Basic Interest Rates, capital, Capital Supply, Commercial, Commercial banks, decrease, Human Resource, Human Resource Development, interest, Interest rate, Interest Rate Reduction, Interest rate scheme, Interest rates, Lending Interest, Lending Interest Rates, loans, market, Market Interest, Market Interest Rate, Monetary Policy, National Economy, Rate Reduction, Rate scheme, rates, reasonable, Reasonable Interest, Reasonable Interest Rate, Remove The Basic, Remove The Basic Interest, Resource Development, Said That The, state, State bank, That The Market, That The Market Interest, The Basic, The Basic Interest, The Basic Interest Rate, The Lsquo, The market, The Market Interest, The Market Interest Rate, The Monetary, The Monetary Policy, The national, The National Economy, The state, The state bank, Training And Human, Training And Human Resource, Vietinbank, Vietnam
Posted in Business, News | Comments Off
February 12, 2009
A lot of commercial banks have resumed consumer loaning since the central bank removed the ceiling interest rate scheme. However, the door to the loans has not opened widely. In 2007, the year when consumer credit boomed, the market witnessed the record consumer credit limit of VND200-300mil. Consumer credit was later tightened in the context [...]
Tags: banks, Borrowers, consumer, Consumer credit, Consumer Credit Has, Consumer Credit Limit, credit, Credit Limit, interest, Interest rate, Interest rate scheme, Interest rates, Lien viet, Lien viet bank, loaning, lower, Lowest Rate, market, Mortgaged assets, Of Lien Viet, Of Lien Viet Bank, Per annum, Per month, Rate scheme, rates, Record, The interest, The Lowest, The Lowest Rate, The market, Up Loaning, Viet bank, Without mortgaged, Without mortgaged assets
Posted in Business, News | Comments Off
February 10, 2009
Right after SBV removed the ceiling interest rate on consumer credit, commercial banks rushed to launch several thousand billion VND of new consumer credit programmes onto the market. It is clear that individual clients now have more opportunities than in 2008 to access bank loansPhung Duy Khuong, Deputy General Director of East Asia Bank, said [...]
Tags: 12% per, Acb said that, Access bank, And best carings, Annum, Asia bank, assets, Assets meanwhile, Assets values, Bank cards, Best carings, cards, Ceiling interest, Ceiling interest rate, Ceiling interest rate scheme, Clear that individual, Clear that individual clients, Client, clients, consumer, Consumer credit, credit, Credit without mortgaged, Credit without mortgaged assets, Deputy general, Deputy general director, director, East asia, East asia bank, For credit with, For credit without, For credit without mortgaged, General, General director, Have more opportunities, Have more opportunities than, Have mortgaged, Have mortgaged assets, High interest, Huong said that, individual, Individual clients, interest, Interest rate, Interest rate scheme, Interest rates, Lien viet, limit, Loan limit, loans, Maximum, More opportunities, More opportunities than, Mortgaged, Mortgaged assets, Mortgaged assets meanwhile, Mortgaged assets values, Now have more, Now have more opportunities, Per annum, Rate scheme, rates, Techcombank, That individual clients, The bank, The ceiling, The ceiling interest, The ceiling interest rate, The interest, The interest rate, The loan, The loan limit, The loans, This year, Without mortgaged, Without mortgaged assets
Posted in Business, News | Comments Off
