Tiếng Việt
Biz Directory
| 1. Agribank Category: Banking City: Ha Noi Image: |
| 2. DOJI Gold & Gems Group Category: Jewellery City: Hanoi Image: |
| 3. BIDV Bank Category: Banking City: Ha Noi Image: |
| 4. Sacombank Group Category: Banking City: Ho Chi Minh City Image: |
| 5. Honda Viet Nam Category: Car Parts and Accessories City: Vinh Phuc Image: |
| 6. TechcomBank Category: Banking City: Ha Noi Image: |
Thursday, 02 February 2012 13:15
The State Bank of Vietnam (SBV) has recently given green signal to Vietinbank to increase the capital for its branch in the Republic of Laos from US$12.5 million to US$22 million, which includes the investment to build its office there.
SBV said that Vietinbank must seriously comply with the provisions of the Law on Credit Institutions, prevailing laws on investment in foreign countries and other relevant regulations.
Source: Vietbiz24
| < Prev | Next > |
|---|
Maybe You Also Interesting :
» Technological development funds beyond firms’ reach
Though having a total registered capital of VND50 billion (US$2.4 million), which insiders say is too low given the demand of 14,000 businesses, the Ho Chi...
» Capital flow to stock market to be tightened
A new worry has been raised that the capital flow to the stock market would be blocked when the watchdog agency releases a new circular on the organization and...
» VietinBank to sell more stakes by the end of the year
The Vietnam Joint Stock Commercial Bank for Industry (Vietinbank) goes through with a deal to sell 20% more stake to a foreign partner in the fourth quarter,...
Latest Category Posts
- Banks rush to borrow money from foreign sources
- Gold now at the “T-junction”
- Moody's places SHB on review for possible ratings downgrade
- 14 banks requested to accelerate debt settlement
- Unable to push up lending, banks inject money in government bonds
- Banking restructuring is nothing to be feared
- Gov’t to have more fiscal, monetary maneuverability in 2012
- New SBV Deputy Governor to fast-track restructuring plans
- Vietnamese bankers earn millions of dollars a year
- Fiscal and monetary policies “on the same bed but have different dreams”
Random Category Picks
- Banks sell property to recoup debts
- Ceiling interest rate reduction to 12 percent causes shock
- Banks try to charge all possible fees on ATM transactions
- Merger reveals Habubank losses only half of those claimed
- Techcombank becomes Asian best emerging market bank
- Vietcombank plans $1 bln overseas bond issue: chairman
Popular Category Posts
- Vietnamese consumers now like to make payment with cards
- State Bank to monitor FDI loan reports
- VietinBank issues international bonds amid big challenges
- Foreign investors re-eye on VN’s bond market
- State Bank to lower deposit interest rate cap to 12%
- State-owned banks under pressure to improve efficiency
- Interest rate reductions cannot activate consumer credit
- Bank shares now the “aiming points” of investors
- Gold approaches VND45 million
- Vietnamese banks of regional stature – who are they?
- Pessismism at lower deposit rates
- Vietnamese banks welcome foreign CEOs
- Foreign bankers only want to team up with powerful domestic partners
- Dong/dollar exchange rate stabilizes, foreign capital returning
- Interest rates on the decline
- Measures aim to restrict bad debt
- Weak banks strive to attract foreign investors
- State Bank may lift deposit rate limit in June
- Risks remain in bank restructuring
- Vietinbank prepares overseas bond issuance
