Vietnam Guidebook For Banks

The Guidebook has been developed as a practical tool which reflects global good practices for the definition of, identification, management and reporting of related party transactions in banking. The practices that have been identified have not come from one place but from diverse and appl ...

Banks to raise capital to meet Basel II standards

HA NOI  (VNS)  — Large local banks, which are chosen by the State Bank of Viet Nam (SBV) to apply Basel II governance standards, are trying to increase capital to meet the standards. Under the SBV's plan, ten commercial banks will officially apply international bank management standard ...

The Basel butterfly flaps its wings

They say that when a butterfly flaps its wings, it has the potential to create a hurricane elsewhere. Known as the butterfly effect, this idea theorises how a small change in a complex system can have large effects elsewhere. There is perhaps no better illustration of this than the potenti ...

CORE banking of commercial banks in Vietnam

Flexible CORE Banking system is the key competitive advantage with enhanced processing ability of day-to-day transactions. It does not only deliver a faster banking service in making deposits, issuing loans but also create a smoother customer experience for Internet and Mobile Banking....