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Bank savings of individual customers recover while institutional savings decline

Data from Q1 2024 financial statements of 27 commercial banks showed total deposits of the entire banking industry only increased slightly by 0.7 per cent compared to the end of 2023, in the context that deposit interest rates continuously decreased in the first months of the year.

MB recognised as Best FX Bank in Vietnam by The Asian Banker

MB recognised as Best FX Bank in Vietnam by The Asian Banker
vir.com.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vir.com.vn Daily Mail and Mail on Sunday newspapers.

Vietnam finalises valuation of three banks for mandatory acquisition

Military Bank bolsters app security with facial recognition for safer transactions

Military Bank bolsters app security with facial recognition for safer transactions
vir.com.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vir.com.vn Daily Mail and Mail on Sunday newspapers.

Bank shareholders interested in restructuring plans of weak credit institutions

There are several weak CIs in the Vietnamese banking system that are being put under special control and have to undergo restructuring as per the request of the Government. Three of them are Ocean Bank, GPBank and CBbank, which the SBV bought for zero đồng.

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