Breakthrough M&A deals expected in banking and finance

Breakthrough M&A deals expected in banking and finance

Many large deals are on the horizon in mergers and acquisitions (M&A) in banking and finance in 2022, with transaction values of billion of dollars.
Compliance risk blocking banks from going digital

Compliance risk blocking banks from going digital

While digital transformation has become an inevitable trend for development in today’s modern world, compliance risk, however, might pose remarkable hurdles to banks wishing to go digital.
Customers falling for fake bank clerk phishing scam

Customers falling for fake bank clerk phishing scam

Banks' customers are being targeted by new phishing attacks by criminals posing as bank officials and asking customers for their OTP.
China dumping US bonds: implications for Vietnam

China dumping US bonds: implications for Vietnam

Experts are weighing how China's dumping on US treasury bonds would impact Vietnam’s development.
Profit of Agribank surges ahead on the threshold of equitisation

Profit of Agribank surges ahead on the threshold of equitisation

Agribank’s revenue in the first half of 2018 increased by 37 per cent, a positive signal before its IPO, but problems with capital pose a threat to success.
Foreign capital finds its way to lucrative local fintech market

Foreign capital finds its way to lucrative local fintech market

Foreign players are eager to join Vietnam’s lucrative fintech market, while local banks have been scaling up co-operation with fintech.
DeAura scam hard case to punished?

DeAura scam hard case to punished?

DeAura, in collaboration with FE Credit, enticed thousands of customers to sign loan agreements of nearly $2,000 eachwithout any financial check.
Banks not in haste to establish financial firms

Banks not in haste to establish financial firms

Unlike in previous years, founding financial firms or boosting consumer loans has not been among the hot topics at banks’ annual general shareholders’ meetings this year.
Government okays Vietcombank stake sale to foreign investors

Government okays Vietcombank stake sale to foreign investors

Vietcombank is expected to sell a total of 10 per cent (over 350 million shares) in a separate issuance and/or through public auction to foreign investors.
Foreign investment streams accelerate bank restructuring

Foreign investment streams accelerate bank restructuring

Over the last thirteen months, foreign investment into local financial institutions not only bolstered M&A, but also sped up the restructuring process at FIs.