Banking - Finance

ANZ offers preferential property lending
11/06/2013
HA NOI (Homeid) — ANZ Bank is offering a preferential lending interest rate of 6.5 per cent per year for the first three months on home purchase loans or loans with a housing mortgage.
Banks find seeking profits difficulty when falling rate trend
11/06/2013
HA NOI (Homeid) — In light of hard-up companies waiting with baited breath for lending interest rates to fall further, pressurised banks expressed concern they wouldn't meet profit targets due to the increasingly narrow margins between deposit and lending rates, according to a report by Dau tu Chung khoan (Securities Investment) online.
Capital helps companies cut through the red tape
10/06/2013
HA NOI (Homeid) — The municipal People's Committee has established a steering board to help enterprises deal with administrative procedures in the latest move to help struggling firms recover.
Vietinbank lists additional shares
10/06/2013
HA NOI (Homeid) — Vietinbank (CTG) has received approval from the HCM City Stock Exchange to list over 800 million more shares on the southern bourse, although these shares will not be officially traded in a near future.
HDBank agrees to sell Manulife's life insurance
09/06/2013
HCM CITY (Homeid) – The HCM City Development Joint Stock Commercial Bank (HDBank) has signed an agreement with Manulife to distribute the life insurer's products through its branches.
Retail banking needs perceptional changes
07/06/2013
HA NOI (Homeid)― The most important element in developing retail banking is to educate people about the sector.
Banks urged to cut costs, lower rates
07/06/2013
HA NOI (Homeid) — The Government urged the State Bank of Viet Nam to guide commercial banks to lower costs. Such a move would help cut lending interest rates, making it easier for businesses to access loans and helping capital flow into production.
City banks rethink rate cuts as deposits decline
06/06/2013
HCM CITY (Homeid)— Money flow into several banks in HCM City has reduced significantly, prompting them to reconsider plans to reduce deposit interest rates so as to keep their customers, industry observers say.
BIDV reserves $476m to assist house trading
04/06/2013
HA NOI (Homeid) ― The Bank for Investment and Development of Viet Nam (BIDV) yesterday announced it had reserved roughly VND10 trillion (US$476.2 million) to lend home builders and buyers as part of the Government's property market support package.
BIDV reserves $476m to assist house trading
27/05/2013
HA NOI (homeid) ― The Bank for Investment and Development of Viet Nam (BIDV) yesterday announced it had reserved roughly VND10 trillion (US$476.2 million) to lend home builders and buyers as part of the Government's property market support package.
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