Commercial banks and credit institutions in HCM City need to continue to restructure and strengthen control of credit quality to prevent a return to the days of high bad debt ratios, the deputy governor of the State Bank of Vietnam Dao Minh Tu has warned. … [Read more...] about HCM City banking sector urged to keep bad debts low
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"In the last decade, EMEs have become much larger and ever more connected to the global financial system. Having a representative range of views on financial market and monetary matters will benefit the citizens of EMEs and advanced economies alike," he said. … [Read more...] about Vietnamese central bank invited to become BIS member
In order to protect themselves, Techcombank’s customers are recommended not to reveal security information related to their internet banking or use cracked software to access the operating system of an electronic device. They are also suggested not to enter sign-in passwords or OTP codes on websites with unclear origin or unfamiliar links. Finally, online trading via public devices is not encouraged at all. … [Read more...] about Banks warn customers about fraud during Tet
Analysts from the MB Securities Company (MBS) forecast liquidity of the banking system will be positive in 2020 as more foreign direct investment will flow into the country that has favourable investment policies and attractive labour costs as well as various benefits from the US-China trade war. … [Read more...] about Bank liquidity abundant ahead of Tet
After Smart OTP, what will be?After deploying Smart OTP, it is expected that this August, BIDV will deploy the Soft OTP authentication method on the BIDV SmartBanking application. Soft OTP is a secure method, especially for high-value transactions, as it is protected by three-layer security technology when customers transact online. … [Read more...] about Does Smart OTP help reduce high-tech crime in banking?