Banking News & Financial Services News
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ACB, Standard Chartered ink mutual support pact 2009-08-09 - Thanh Nien The Asia Commercial Joint Stock Bank (ACB) and the Standard Chartered Bank (Vietnam) Ltd. signed Saturday an agreement that allows the latter to expand its banking coverage in Vietnam by using ACB’s branch network. UK-based Standard Chartered said the agreement aims to provide cash management services to its corporate customers in the country. ACB’s network covers all major cities and provinces of Vietnam. Standard Chartered’s corporate customers will be able to access ACB’s branches to make cash deposits or withdrawals. The two banks also introduced a new cash management service called “Active Cash Collection,” which allows Standard Chartered’s corporate customers, as payees, to request the two banks to directly debit accounts of the payers who are customers of either bank. |
Other Banking News
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Deposit interest rates rising again 2009-07-30 Lending against securities up 2009-07-21 Bonds post biggest weekly gain in six months 2009-07-18 |
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Draft law triggers banking criticism 2009-07-12 Central bank expects dollar supply to rise on anti-hoarding move 2009-07-11 ACB says H1 pretax profit jumps 20 percent 2009-07-11 VietinBank plans to list shares in HCMC on July 16 2009-07-10 Domestic banks eye Indochina 2009-07-09 Banks’ big profits please banks but grieve businesses 2009-07-08 Banks’ big profits please banks but grieve businesses 2009-07-08 The troubles of Vietnamese banks 2009-07-02 Banks moving ahead with capital increase plans 2009-06-26 Banks asked to tighten control over consumer lending 2009-06-22 |
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