Vietnam Bank News

Vietnam Bank Directory

Trade BCHUSD, Bitcoin and Cryptocurrencies

BUY & SELL BCHUSD | View BCHUSD News & Updates

Buy Sell BCHUSD, Bitcoin and Cryptocurrencies

Banking News & Financial Services News
Get the latest banking news headlines from Find in-depth Vietnam coverage from banking, investing, financial, stock market, and more abou Vietnam banking system, bank for industry and trade, Vietnam banking sector.

Banks encouraged to target small businesses   2010-09-17 - Viet Nam News

Thirty-five bankers and trainers from 15 institutions in Cambodia, Laos and Viet Nam yesterday, Sept 16, participated in a training programme on building sustainable small and medium-sized banking operations in HCM City.

The three-day event was organised by the International Financial Corporation (IFC), a member of the World Bank Group, in collaboration with the governments of Japan and the Netherlands.

The programme covered strategy and market segmentation, product design, credit risk management, and information management systems.

It also included a training-of-trainers component that will ensure sustainability of the training offered in local markets beyond the IFC workshop.

The event is part of a training programme developed by IFC’s Global SME Banking Programme to help banks in emerging markets assess the potential benefits of targeting the small-business sector and to build or expand this line of business.

Small- and medium-sized enterprises are a major driver of economic growth and job creation, yet in the Mekong region, smaller enterprises struggle to finance the growth of their businesses.

"Financial institutions often reject SMEs as too risky, usually because they try to serve them using corporate or consumer banking models. Those that rise to the challenge, developing new approaches that fit this market, find that SMEs can become one of their most profitable business lines," said Matthew Gamser, principal of advisory services of IFC in East Asia and the Pacific region.

"That is why training and capacity building in SME banking is so important," he added.

"The SME-banking training is quite comprehensive and of practical significance to banks in Viet Nam as it covers all areas of SME banking. It is also an opportunity to exchange experiences with other SME banking practitioners," said Nguyen Huong, head of the SME department at Vietinbank.

The IFC has also conducted similar training in Sub-Saharan Africa, South Asia, the Middle East and North Africa and the Caribbean.

Other Banking News

PM orders review of bank anti-risk rules   2010-08-21

State Bank denies that Vietnam is short of foreign exchange   2010-08-06

Banks brace for surge in M&A   2010-08-01

Banks rush to open savings funds   2010-07-08

Central bank chief reassures forex market on US dollars   2010-06-25

Banks face tighter listing rules   2010-06-16

Banks hope to see profit increasing in last months of year   2010-06-08

Banks quietly raise deposit interest rates   2010-05-27

Rankings of large banks may change   2010-05-11

Bankers urged to build firm brands   2010-05-10

Bank credit up 3.34% in quarter   2010-04-04

Bank credit up 3.34% in quarter   2010-04-04

Bank shares lose appeal; raising capital more difficult   2010-04-03

Commercial banks clamour for end of deposit interest cap   2010-03-20