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Banks adjust SMS banking fees, encourage switch to apps for notifications

Some banks have announced to adjust SMS banking fees starting from the beginning of 2024 and encouraged customers to switch to digital banking apps to get notifications for free.

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Banks Adjust SMS Banking Fees, Encourage Switch To Apps For Notifications

Banks Adjust SMS Banking Fees, Encourage Switch To Apps For Notifications
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Housing supply expected to increase in the future with new credit package

This credit package is carried out by four State-owned commercial banks, Vietcombank, Agribank, BIDV and VietinBank, with annual interest rates from 8.2 to 8.7 per cent. This programme has been implemented since April 1, 2023.

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Bank lending to property sector surges despite tight money

Amid the central bank’s tight money policy and with the bond market screeching to a halt, many real estate companies thus find themselves cut off from sources of funds.

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Banks reduce pressure of bad debt during COVID-19 - Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Outbreaks of COVID-19, especially in the first half of 2021, are negatively affecting the repayment of debt. This increases the pressure of bad debt on the banking system. Nguyễn Quốc Hùng, general secretary of the Việt Nam Banking Association, spoke to Vietnam News Agency about this issue.

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