Check Clearing for the 21st Century Act paves way for deposit automation When the Check Clearing for the 21st Century Act (Check 21) became effective in 2004, it opened the door to innovative deposit processing. The legislation allows image replacement documents created ...
Currently, most Vietnamese banks provide internet banking services to customers. These services may include internet banking, online trading, and mobile banking. One critical aspect of internet banking is security. Confidentiality, integrity, and privacy are important e ...
Wealth management as an investment-advisory discipline which incorporates financial planning, investment portfolio management and a number of aggregated financial services. High-net-worth individuals (HNWIs), small-business owners and families who desire the assistance ...
Despite current economic challenges, Vietnam’s banking sector has promising longer term potential due to its relatively young and increasingly affluent population. Vietnam’s banking sector suffers from problems of inefficiency, undercapita ...
It can be seen that the Vietnamese economy in the first decade of the 21st century has a significant development in the banking sector. Commercial banks represent a big role in this development. The banks’ capital rose rapidly and became an important factor in Vietnam ...
2016 HIGHLIGHTS Credit showed slower growth while deposit was boosted, which reflected economic conditions and new policies. Overall deposit rate slightly increased by 0.2-0.4% due to banks’ high demand for deposit. Meanwhile, SBV aimed to maintain low interest rat ...
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 ...
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 ...
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 ...
Background: Small businesses are considered as a valuable source for the society and the economic growth and bank loan is the main source of finance for them. Small businesses are commonly seen as riskier than larger businesses it is thus noteworthy to exa ...