Saturday, October 20, 2018 - 20:40:49

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Finance companies slow credit growth

Business

Finance companies slow credit growth

Consumer finance companies have been cutting credit growth to focus more on tightening internal governance and selecting solvent customers to target a safer and healthier development.

Insurance firms plan to go digital

Business

Insurance firms plan to go digital

Most insurance businesses are planning to apply new technologies in management systems and improving customer services, and many also plan to study new products to meet the market’s demand and diversify insurance sale channels, according to a recent Vietnam Report survey.

Banks aim to up capital ahead of new standards

Business

Banks aim to up capital ahead of new standards

Prosperous business performance and positive bank share price trends in the stock market are expected to help some commercial banks meet their capital increase deadline as required by the State Bank of Vietnam (SBV).

Interest rate caps not needed: experts

Business

Interest rate caps not needed: experts

The State Bank of Vietnam should consider developing a roadmap to remove regulations on credit growth limits and interest rate caps as it isn’t suitable due to the country’s achievements in stabilising the nation’s economy, according to experts.

Fee hikes threaten cashless plan

Business

Fee hikes threaten cashless plan

Recent surges in transactions and withdrawal fees at a number of commercial banks went against the State Bank of Vietnam’s (SBV) initial policy roadmap for a seamlessly cashless society.