Tags

financial companies

More connected than ever, banks integrate into every economic touchpoint

More connected than ever, banks integrate into every economic touchpoint

Digital transformation has changed not only how individuals and businesses access banking services, but also the scale and scope of banking activities.
MA deals of consumer financial companies keep positive

M&A deals of consumer financial companies keep positive

Merger and acquisition (M&A) deals have taken place in a context that the consumer lending market has faced many difficulties.
Regulations drafted for non-banking financial companies

Regulations drafted for non-banking financial companies

Non-banking financial companies (NBFC) may be allowed to set up a maximum three branches in a fiscal year.
Rules on restructuring credit institutions updated

Rules on restructuring credit institutions updated

The State Bank of Viet Nam (SBV) issued Circular No. 36/2015/TT-NHNN (December 31) on the restructuring of credit institutions.
New rules laid out for foreign financiers

New rules laid out for foreign financiers

Foreign credit institutions intending to contribute to establishing non-banking financial companies will be required to have a minimum US$10 billion of assets at the end of the previous year as of February 8.