Reference exchange rate resumes rising trend
The daily reference exchange rate resumed the rising trend on December 14 after dropping for only one day on December 13, going up 5 VND to 22,778 VND/USD.
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The daily reference exchange rate resumed the rising trend on December 14 after dropping for only one day on December 13, going up 5 VND to 22,778 VND/USD.
The Lao branch of Ho Chi Minh City-based Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank Laos) celebrated its 10th founding anniversary during a ceremony in Vientiane on December 12.
The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has officially completed a plan to reduce its holding ratio at other credit institutions to below 5 percent as required by the central bank.
The State Bank of Vietnam reduced the daily reference exchange rate on December 13 by 2 VND from the previous day to 22,773 VND/USD.
The State Bank of Vietnam kept the daily reference exchange rate on December 12 unchanged from the previous day at 22,775 VND/USD.
The State Bank of Vietnam set the daily reference exchange rate at 22,775 VND/USD on the morning of December 11, up by 9 VND from December 10, which is the highest from the beginning of this year.
The State Bank of Vietnam set the daily reference exchange rate on December 10 at 22,766 VND per USD, up 2 VND from the last working day of previous week (December 7), which is the highest rate since the beginning of the year.
After reviewing their business performance over the third quarter, most commercial banks announced positive results with double-digit growth. However, the amount of bad debt is also on the rise.
The State Bank of Vietnam raised the daily reference exchange rate on December 7 by another 2 VND to 22,764 VND per USD.
The State Bank of Vietnam set the daily reference exchange rate on December 6 at 22,762 VND per USD, up 5 VND from the previous day (December 5), which is the highest rate since the beginning of the year.
The State Bank of Vietnam set the daily reference exchange rate on December 5 at 22,757 VND per USD, up 2 VND from the previous day (December 4).
The State Bank of Vietnam set the daily reference exchange rate at 22,755 VND/USD on the morning of December 4, unchanged from the previous day.
The State Bank of Vietnam set the daily reference exchange rate on December 3 at 22,755 VND per USD, up 5 VND from the last working day of previous week (November 30).
The State Bank of Vietnam has allowed Vietcombank to apply minimum capital adequacy ratio requirements following Basel II standards one year earlier than the deadline initially set by the central bank.
The daily reference exchange rate went up 3 VND on November 30 to 22,750 VND per USD.
The retail banking segment has contributed significantly to banks’ revenue this year.
The State Bank of Vietnam set the daily reference exchange rate at 22,747 VND/USD on the morning of November 29, unchanged from November 28.
The Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) opened a new branch in the Lao capital of Vientiane on November 28, the second Lao branch the bank has opened since 2015.
