The National Payment Corporation of Vietnam (Napas) and 14 first banks of Vietnam on June 15 launched the VietQR trademark and quick online money transfer service – Napas 247 using QR codes.
The State-Owned Banks Association (Himbara) on July 2 expressed optimism that its bank members can disburse up to 90 trillion Rp (6.32 billion USD) in loans to help small businesses recover from the severe economic impact of the COVID-19 pandemic.
Capital limitations hinder banks from meeting regulations on capital adequacy ratio (CAR) and performing their business due to a series of other regulations.
Governor of the State Bank of Vietnam (SBV) Le Minh Hung and Governor of the National Bank of Cambodia (NBC) Chea Chanto have agreed to step up the two banks’ win-win cooperation.
Business
