| NEARLY 29,000 BILLION DONG THROUGH CARD TRANSACTIONS IN NINE MONTHS |
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The value-added services such as electronic deposit, electronic fee collection and payment of electronic tickets, pay for goods and services over the internet has increased to nearly 300% over the same period in 2010.
According to the Smartlink, in 2011 the number of local card issuance is expected to grow over 20%, the number of ATM is expected to grow 20%, POS is expected to grow over 30% and turnover is expected to use the card nearly 30% growth compared to 2010.
(SaigonTimes)
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INTEREST CEILING RATE REDUCED TO 12 % PER YEAR SINCE 11/04.
INTEREST RATE FOR ONE –WEEK TERM BELOW 10%/YEAR .
SVB ISSUED CIRCULAR 07 WHICH LIMITED BANKS “HOARDING” FOREIGN CURRENCY.
RESTRICT OWNING MULTI BANKS .
STATE BANK PUBLISH BANKS’ BAD DEBTS.
DOCUMENT NO. 8844/NHNN-CSTT ABOUT CREDIT ACTIVITIES IN MONTHENDS OF YEAR 2011.
CONDITIONAL REFINANCING FOR SMALL BANKS.