Bank

With cutting-edge and trendy products, as well as unique and outstanding marketing campaigns, TPBank has established a distinct position in the market as a bank that always strives to understand its customers and applies technology to enhance their lives.

The interest rate for term deposits ranging from 1 month to less than 3 months at Agribank will be reduced to 1.7% per year, a decrease of 0.1 percentage points compared to the latest adjustment. This interest rate is currently equivalent to the rate applied by Vietcombank for the same term.

2023 is a year full of volatility in the global financial market. Against this backdrop, many investors are interested in gold as a store of assets.

On the morning of January 31st, the prices of SJC gold and 24k smooth gold rings in Vietnam saw a simultaneous increase compared to the previous day.

With the currency exchange rate fluctuating in the first few weeks of 2024, Mr. Ngo Dang Khoa, Director of Foreign Exchange, Capital Markets and Securities Services at HSBC Vietnam, highlights four factors putting pressure on the USD/VND exchange rate in Q1/2024...

The demand for exchanging small denominations of money increases during the Lunar New Year, but the availability of small bills is limited. The familiar "money exchange kiosks" are also gradually disappearing from this service.

On the morning of February 1st, the domestic gold price continued to surge with an increase of 500,000 VND/tael, approaching the 78 million VND/tael mark. As Tet holiday approaches, the price of gold tends to rise sharply.

After the new appointments, Agribank's Executive Board now consists of 9 members, with Mr. Pham Toan Vuong as the CEO.

Several banks have announced their 2023 financial results, showing outstanding growth. However, they are also facing increased pressure in setting aside provisions for credit risk.

With these achievements, Vietcombank once again sets a new record for profitability in the banking industry.