Category Archives: Bank

What’s next for FED interest rates after December meeting?

(TBTCO) – US Federal Reserve (FED) officials may present all interest rate options at this week’s meeting, even if inflation data progresses as planned. At 2 p.m. on Wednesday (December 13, US time), when Mr. Jerome H. Powell – Chairman of the Fed speaks at the press conference after the meeting ends, investors and many […]

Foreign Trade University: Enrollment for doctoral training program in Finance and Banking in 2023

(TBTCO) – Foreign Trade University has officially issued a PhD training program in Finance and Banking based on society’s need to train high-quality human resources, in the context of the financial sector. – Banking is constantly changing under the impact of the 4th industrial revolution. On October 31, 2023, Foreign Trade University officially issued the […]

VIB successfully mobilized 280 million USD

(TBTCO) – Vietnam International Commercial Joint Stock Bank (VIB) has just completed successfully mobilizing a medium and long-term syndicated loan worth 280 million USD from 13 leading financial institutions in the region and the world. In which: United Overseas Bank Limited (UOB) is the coordinating bank. The three banks participating as lead arrangers and bookrunners […]

Social housing development is room to expand credit and promote growth

(TBTCO) – Credit growth in 2023 is lower than expected due to the difficult economic situation. At this time, an important space to clear the flow of credit and at the same time develop the real estate market healthily is to accelerate social housing development projects. This is the view expressed by Dr. Le Xuan […]

The bank promotes the payment segment to attract demand deposits

(TBTCO) – Although lending interest rates have decreased, the requirement of the Government and the State Bank (SBV) is to continue to manage credit growth reasonably and further reduce interest rates to better support the economy. international. Accordingly, commercial banks have tried to implement solutions, including promoting payment services to attract demand deposit flows to […]

Exchange rate today (December 13): The USD fell to 104 again

(TBTCO) – At the beginning of the morning session of December 13, the State Bank (SBV) announced the central exchange rate of Vietnam Dong at 23,941 VND/USD, an increase of 9 VND/USD. On the world market, the US Dollar Index (DXY) measuring greenback fluctuations with 6 major currencies (EUR, JPY, GBP, CAD, SEK, CHF) decreased […]

Gold price today (December 13): Domestic gold is over 15 million VND/tael more expensive than the world’s

(TBTCO) – This morning’s trading session, gold prices on the world market only decreased slightly and tended to move sideways. In the domestic market, businesses continue to adjust the price further by 100 – 400 thousand VND/tael. However, the domestic gold price is still higher than the world’s by over 15 million VND/tael. Source: Rong […]

Preparing to implement new regulations on administrative procedures in the banking sector

(TBTCO) – On December 14, Decision No. 2183/QD-NHNN of the Governor of the State Bank (SBV) on announcing amended and supplemented administrative procedures in the field of establishment and banking operations implemented at the Ministry The one-stop shop within the scope of management functions of the State Bank officially takes effect. Accordingly, the Inspection and […]

Gold price today (December 14): World and domestic prices both increased

(TBTCO) – This morning, the price of gold on the world market was pushed past the threshold of 2,000 USD/ounce after the Fed decided to keep interest rates unchanged from 5.25% – 5.5% and emphasized that economic growth is slowing down and inflation is increasing. There are signs of “cooling down”. Domestically, brands also simultaneously […]

Exchange rate today (December 14): The USD on the free market and the world plummeted

(TBTCO) – At the beginning of the morning session of December 14, the State Bank (SBV) announced the central exchange rate of Vietnam Dong at 23,954 VND/USD, an increase of 13 VND/USD. On the world market, the US Dollar Index (DXY) measuring greenback fluctuations with 6 major currencies (EUR, JPY, GBP, CAD, SEK, CHF) decreased […]