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bank insurance
Latest news related to bank insurance
Borrowing money from the bank and being forced to buy insurance: Banks can be fined up to half a billion dong
The new draft decree adds a provision for heavy penalties for attaching non-compulsory insurance to banking products, with fines ranging from VND400-500 million, to strengthen the protection of customer rights and tighten financial market discipline.
Economy
BIDV: Continue to affirm its position as a leading bank
In 2018, the total assets of the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) reached over VND 1,283,000 billion, maintaining its position as the commercial bank with the largest asset scale in Vietnam; consolidated pre-tax profit reached over VND 9,625 billion.
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