Strong rise in bank profitability in first quarter

Strong rise in bank profitability in first quarter

A number of banks recorded impressive growth in the first quarter and set a relatively strong profit growth target this year.
SCB appoints foreign acting CEO

SCB appoints foreign acting CEO

SCB has appointed Chen Yi-Chung (Jeremy Chen) as acting CEO to conduct its transformation and sustainable development strategy for 2020-2030.
Banks urged to complete listing plans

Banks urged to complete listing plans

The latest regulatory requirements make it impossible for banks to continue delaying their listing plans.
Local banks continue to appeal to foreign capital

Local banks continue to appeal to foreign capital

With high profitability and a strong rebound, local banks are becoming tempting targets for foreign investors mulling over stake purchase deals.
$60 million convertible preferred SBT stocks offered to foreign strategic investors

$60 million convertible preferred SBT stocks offered to foreign strategic investors

For the first time ever, a Vietnamese sugar company engages in a strategic capital-raising deal of international significance.
Small-scale banks massively hike charter capital

Small-scale banks massively hike charter capital

Small banks are mulling over capital hikes and listing plans amid favourable market conditions and rosy business performance.
Eximbank launches ChatBot application for 24/7 customer care

Eximbank launches ChatBot application for 24/7 customer care

Eximbank's new Chatbot is a significant step towards implementing machine learning and AI into banking operations.
Banks upbeat about reaching full-year profit targets

Banks upbeat about reaching full-year profit targets

Banks are confident in reaching their full-year profit targets albeit the central bank is unlikely to loosen banks’ credit growth limit in the second half.
Eximbank to apply infosys technology for enhanced risk management

Eximbank to apply infosys technology for enhanced risk management

The changing business environment and increasing need for risk management prompted Eximbank to switch to Infosys' Finacle core banking solution.
Eximbank receives international banking award

Eximbank receives international banking award

US-based Bank of New York Mellon on July 9 granted Eximbank the Straight Through Processing Award (STP Award).
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