SBV set to rank local banks, credit institutions Business

SBV set to rank local banks, credit institutions

The State Bank of Vietnam (SBV) will rank credit institutions and foreign bank branches operating in the country in a move to ensure the safety of the banking system and protect legitimate rights of depositors.
Financial leasing significant to mobilise capital Business

Financial leasing significant to mobilise capital

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.
Banking assets exceed 407 billion USD Business

Banking assets exceed 407 billion USD

Total assets of Vietnam’s banking system reached more than 9.25 quadrillion VND (407.5 billion USD) by the end of August, an increase of 8.79 percent over the beginning of this year.
SBV to rate local credit institutions Business

SBV to rate local credit institutions

The State Bank of Vietnam (SBV) is planning to rank credit institutions; however, it said the ranking results will not be publicised due to the delicacy of the issue.