Press

Is the race to reduce interest rates not for small banks?

Recently, some state-owned commercial banks plummeted deposit rates in dong by 0.3-0.5 percent/year. The State Bank said “This is a positive solution to carry out the direction on reducing lending rates”. However, will this interest rate reduction trend develop into a general trend or only in a few banks having abundant capital? And how will

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Vietnam deliberates raising bank foreign ownership cap

The Vietnam government is contemplating raising the foreign ownership cap on domestic banks beyond the current maximum limit of 30 percent, according to a recent report by Reuters. The changes would also allow for non-strategic investors to acquire an ownership interest of up to 15 percent and strategic partners to obtain a maximum stake of

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Brexit: What now for Britain, Belgium and Europe?

Emma Portier Davis and Alan Hope After the historic decision by UK voters to leave the European Union, local politicians, business leaders and professors give their reactions, and their predictions The Belgians are poring over crucial questions about Brexit – the decision by UK voters to leave the European Union. Among them: Can flourishing trade

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