Moody’s upgrades ratings of 14 Vietnamese banks
Moody’s Investors Service has taken rating actions on 14 Vietnamese commercial banks in its latest report issued on August 14.
Categories
Media Center
Moody’s Investors Service has taken rating actions on 14 Vietnamese commercial banks in its latest report issued on August 14.
The daily reference exchange rate for August 15 was adjusted down 1 VND from the previous day to 22,685 VND/USD.
Governor of the State Bank of Vietnam (SBV) Le Minh Hung has recently directed the entire banking industry to strictly control foreign currency lending to better minimise dollar speculation and fight against dollarisation in the economy.
The Government plans not to license any more wholly foreign-owned banks in Vietnam but encourages foreign banks to buy weak domestic banks, said Deputy Prime Minister Vuong Dinh Hue.
The daily reference exchange rate for August 14 was kept unchanged from the previous day at 22,686 VND/USD.
The State Bank of Vietnam adjusted the daily reference exchange rate up on the first day of the week (August 13), setting the rate at 22,686 VND/USD, an increase of 10 VND from the rate on the last day of previous week (August 10).
The State Bank adjusted the daily reference exchange rate for August 10 up 10 VND from the previous day to 22,676 VND/USD.
Business conditions related to the establishment and operation of joint stock commercial banks and non-bank credit institutions in Vietnam will be eased under a draft circular from the State Bank of Vietnam (SBV).
The State Bank of Vietnam continued to adjust the daily reference exchange rate down on August 9, setting the rate at 22,666 VND/USD, a reduction of 5 VND from the rate on August 8.
The daily reference exchange rate on August 8 was adjusted down 5 VND to 22,671 VND per USD.
The daily reference exchange rate on August 7 remained the same as on the previous day at 22,676 VND/USD.
The State Bank of Vietnam kept the daily reference exchange rate on August 6 unchanged from the last day of the previous week (August 3) at 22,676 VND/USD.
The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) has won the Platinum Award, the highest recognition, at the 2017 Vision Awards Annual Report Competition organised by the League of American Communications Professionals.
The State Bank adjusted the daily reference exchange rate for August 3 up 10 VND from the previous day to 22,676 VND/USD.
The Bank of Thailand (BOT) has confirmed that hackers have stolen information of more than 120,000 customers in a massive data breach into two major commercial banks.
Financial leasing is an effective solution to solving medium- and long-term capital shortages for local businesses, head a conference held by the BIDV-SuMi TRUST Leasing (BSL) in Ho Chi Minh City on August 1.
The State Bank of Vietnam announced the daily reference exchange rate for August 2 at 22,666 VND/USD, down 3 VND against the previous day.
The State Bank kept the daily reference exchange rate for August 1 unchanged from previous day, at 22,669 VND/USD.
