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Cambodia > Finance

Central shared switch due to launch in July

27/06/2017 10:34 | 0 comments

The central bank hopes to launch its central shared switch mechanism next month after a trial run that has already connected the account records of three of the Kingdom’s leading financial institutions, allowing them to operate ATM and point-of-sale (POS) terminals in tandem, according to a banking official.

Vietnam > Finance

Sacombank to launch three affiliates

27/06/2017 10:16 | 0 comments

Sai Gon Thuong Tin Commercial Joint Stock Bank (Sacombank) will establish three affiliates between now and 2020, the bank announced.

Vietnam > Finance

Manulife holds historic Global Investor Day in Vietnam

27/06/2017 08:09 | 0 comments

Leading international financial services group Manulife Financial Corporation has held its first ever Global Investor Day based in Asia, with Ho Chi Minh City being one of two cities in Asia to host the event.

Cambodia > Finance

NBC, South Korea team up for research

27/06/2017 08:00 | 0 comments

The central banks of Cambodia and South Korea signed an agreement on Friday to jointly conduct research and analyse the relationship between exchange rates and inflation in the Cambodian economy, according to bank officials.

Vietnam > Finance

Local banks recovering from a long slump

26/06/2017 15:27 | 0 comments

Since the beginning of this year the shares of many banks have appreciated significantly, with the increases ranging from 8 per cent to even 80 per cent.

Vietnam > Finance

Banks circumventing rules on real estate loans

26/06/2017 14:32 | 0 comments

Relevant authorities should further monitor consumer lending as real estate loans were hidden in consumer loans, experts told Viet Nam Television.

Cambodia > Finance

New rules for digital payments

26/06/2017 09:19 | 0 comments

The central bank has issued new regulations governing the licensing of payment services providers (PSPs), requiring that all firms providing online services to accept electronic payments have at least $2 million in registered capital, a move expected to increase the stability of the sector and encourage the consolidation of its smaller players.

Vietnam > Finance

Ocean Bank finds new foreign owner

26/06/2017 07:48 | 0 comments

A source of VIR revealed that the zero VND Ocean Commercial Joint Stock Bank (Ocean Bank) has been sold to a foreign bank in Asia.

Laos > Finance

Lao Development Bank updates ATM systems

24/06/2017 11:30 | 0 comments

State-owned Lao Development Bank (LDB) is set to upgrade its ATM network across the country over the weekend resulting in customers facing a temporary stoppage to such services through the bank’s system.

Vietnam > Finance

Maritime Bank provides auto cashback for Clingme users

23/06/2017 13:17 | 0 comments

Maritime Bank on Thursday signed an agreement with Gingatum Viet Nam to provide auto cachback services for users of the startup’s shopping app Clingme.

 
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