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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December 9, 2011
A branch of First Commercial Joint-Stock Bank in Hanoi. The bank and two other Vietnamese banks plan to merge to bolster their liquidity. Three Vietnamese banks plan to merge to bolster their liquidity and cut costs as a single entity, the country’s central bank said. First Commercial Joint-Stock Bank, Tin Nghia Commercial Joint-Stock Bank and [...]
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January 25, 2010
A panel advertising interest rates of 10.49 percent on dong deposits outside a SeABank office in Ho Chi Minh Cityâs District 1. The ongoing liquidity crunch is forcing commercial banks to break the law on interest rates in order to raise enough funds for lending, experts say. They are offering bonus percentage points on deposits [...]
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