SSI announces outstanding 2020 results Business

SSI announces outstanding 2020 results

SSI Securities Corporation reported strong growth last year, with pre-tax profits growing by 54.4 percent to nearly 1.56 trillion VND (67.57 million USD) and income by 43.4 percent to 4.528 trillion VND (195.5 million USD).
Promoting consumer finance to fight black credit: experts Business

Promoting consumer finance to fight black credit: experts

Promoting consumer finance and simplifying procedures for loan applications would be a priority for commercial banks, financial companies and microfinance institutions as part of efforts to limit black credit, a conference heard in Ho Chi Minh City on January 20.
Thai Tourism Ministry gets companies input on COVID-19 remedies World

Thai Tourism Ministry gets companies input on COVID-19 remedies

Thailand’s Ministry of Tourism and Sports has gathered input from the tourism and hotel industries on potential measures to aid them in the current COVID-19 crisis, with loan deferments, utility discounts, and a tax deadline postponement among the measures to be proposed to the Prime Minister on January 12.
Thai economy battered by new wave of COVID-19 World

Thai economy battered by new wave of COVID-19

Thailand’s GDP growth could drop below the 3.2 percent baseline projection due to lower foreign arrivals amidst uncertainty regarding COVID-19 vaccine efficiency, and reduced fiscal stimulus, according to the latest minute from the Bank of Thailand’s Monetary Policy Committee (MPC).
Credit growth forecast to hit 11 percent by year-end Business

Credit growth forecast to hit 11 percent by year-end

The banking industry's credit is projected to have expanded 11 percent for the year by the end of December, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu revealed at a press conference on December 24.
Credit growth limits extended Videos

Credit growth limits extended

The State Bank of Vietnam (SBV) has extended the credit growth limits for the second time this year to some commercial banks, of which the highest level is up to 30 percent.