Banking - Finance

AN GIANG (Homeid) ― Seven staff members of Agribank's Chi Lang branch were sentenced to prison on Monday by the People's Court in the southern province of An Giang.

AN GIANG (Homeid) ― Seven staff members of Agribank's Chi Lang branch were sentenced to prison on Monday by the People's Court in the southern province of An Giang.

HA NOI (Homeid)— The Military Bank (MB) has won the Excellent Electronic International Payment award (or STP certificate) from Wells Fargo, one of the three largest banks in the US.

HA NOI (Homeid)— The State Bank of Viet Nam (SBV) has promoted Ngo Quang Luong to become the central banks' chief administrator, replacing Nghiem Xuan Thanh.

HA NOI (Homeid)– July's outstanding loans from Ha Noi-based commercial banks reached roughly VND669.717 trillion (US$31.5 billion), up 1.9 per cent month-on-month, and 2.6 per cent against December of last year, according to the municipal Statistics Department.

HCM CITY (Homeid)— The exchange rate between the Vietnamese dong and US dollar is likely to continue rising in the remaining months of the year, but it would still be under the control of the State Bank of Viet Nam, according to a source from the Ministry of Industry and Trade.

HA NOI (Homeid) — The State Bank of Vietnam (SBV) asked all of its branches and local credit institutions to strengthen their forex management in order to further stabilise local forex market.

HA NOI (Homeid) — The Deputy Governor of Viet Nam State Bank, Dang Thanh Binh, has become chairman of the board of Vietnam Asset Management Company (VAMC).

HA NOI (Homeid) — The Bank for Investment and Development of Viet Nam (BIDV) on Wednesday cut its monthly deposit interest rate for the Vietnamese dong to 5 per cent, as much as a 1.5 percentage point lower than its old rate.

HA NOI (Homeid) — The State Bank of Viet Nam (SBV) sold all 26,000 taels of gold it put up for auction on Thursday morning. Fifteen credit institutions purchased the gold with winning bids ranging from VND37.48-37.73 million (US$1,784-1,796) per tael.