Banking & Finance

Interest rates likely to raise at end of first quarter

Interest rates likely to raise at end of first quarter

A low-interest rate environment in long term could make capital available for other investment channels, so banks are under pressure to readjust their savings mobilization rates to better attract idle capital.

First trading sessions after Tet ends on high note

First trading sessions after Tet ends on high note

Strong attention from investors helped boost banks stocks’ value, but those of petroleum companies were the highlight of this morning trading session with many reached the ceiling, namely PVB, PVC, PVD, PVS, PVT, or PXS.

Banks urged to forego profit to aid economy: Expert

Banks urged to forego profit to aid economy: Expert

It seems a call from the central bank for credit institutions to forego their profits in 2020 to aid customers and businesses affected by the pandemic have not been effectively implemented.

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