State-owned banks struggle to increase capital
While private joint stock commercial banks have increased capital significantly so far this year, the capital for State-owned commercial banks has remained stagnant.
Banks reduce interest rates, offer new loans for storm-affected customers
Several private and State-owned banks have reduced interest rates and offered debt relief for customers affected by Typhoon Yagi.
State commercial banks to directly sell gold to people: deputy governor
The State Bank of Vietnam (SBV) will directly sell gold to state-owned commercial banks starting June 3 and the banks will sell gold to the public, Deputy Governor Pham Quang Dung said in a recent meeting with the media.
Major banks continue cutting deposit interest rates
Deposit interest rates at four major banks of Vietnam were adjusted sharply, down by 0.4% per year from the previous listings, bringing the rate to 1.8% per year at the lowest.
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