VIB steady on the journey to become leading retail bank

VIB steady on the journey to become leading retail bank

On March 16, VIB approved the plan to distribute bonus shares at 35 per cent to existing shareholders, increase its charter capital to more than $913 million, and have a profit target of $456.5 million for 2022.
Touting AI as retail banking’s future

Touting AI as retail banking’s future

More than 100 senior leaders and ­experts from Vietnam’s leading ­financial institutions last week took part in a seminar on Artificial Intelligence application in Vietnamese retail banking in Hanoi, organised by ­Trusting Social and the Vietnam Banks Association.
Lenders upgrade with digitalisation

Lenders upgrade with digitalisation

The face of retail banking in Vietnam is changing due to digitalisation, prompting banks to restructure themselves in a way to meet the demands of customers and bringing the payment experience to a whole new level with their virtual facilities.
Retail banking in focus

Retail banking in focus

The nation-level regional banking sector forum Asean Banker Forum will be held on December 7-8, at Ho Chi Minh City.
A reshuffled deck key to winning hand

A reshuffled deck key to winning hand

Vietnam’s banking sector has enjoyed a boom time in recent years, but low asset quality and a particularly high ratio of non-performing loans, has triggered great concern, writes Vietcombank Securities analyst Quach Thuy Linh.
HSBC appoints new chief of private banking division

HSBC appoints new chief of private banking division

Global banking giant HSBC said Friday it had appointed Paul Thurston, head of UK operations, as the new boss of its private banking division.