major bancassurance deals may be at peak

Major bancassurance deals may be at peak

The recent termination of some major bancassurance partnerships in Vietnam reflects a challenging market environment, but opportunities remain for a more transparent and sustainable revival in the sector.
techcombank and databricks revolutionize banking for millions of customers with cutting edge data and ai solutions

Techcombank and Databricks Revolutionize Banking for Millions of Customers with Cutting-Edge Data and AI Solutions

HANOI, Vietnam , Oct. 18, 2024 /PRNewswire/ -- Techcombank, one of Vietnam's leading financial institutions, today announced that it has implemented the Databricks Data Intelligence Platform to drive its data and AI transformation across the organization.
techcombank to launch new non life insurance company

Techcombank to launch new non-life insurance company

Techcom Non-Life Insurance Joint Stock Company (TCGIns) has received approval from the Ministry of Finance and is scheduled to begin operations in early November.
manulife vietnam and techcombank to end their exclusive distribution partnership

Manulife Vietnam and Techcombank to end their exclusive distribution partnership

Manulife Vietnam and Techcombank today announced updated information on their exclusive insurance distribution partnership in Vietnam.
banks conducting massive bond issuances

Banks conducting massive bond issuances

Besides attracting deposits to meet the heightened credit demand at the end of the year, banks are racing to issue bonds to replenish capital sources.
banks still counting profit from securities trading

Banks still counting profit from securities trading

Despite market volatilities, many banks still count healthy profits from securities trading.
credit continues to flow into real estate sector

Credit continues to flow into real estate sector

Despite headwinds, banks’ outstanding balances in the real estate sector maintained an upward trend in the first half of this year.
techcombank scoops three prestigious awards by asian banking finance magazine

Techcombank scoops three prestigious awards by Asian Banking & Finance magazine

Hanoi-headquartered Techcombank has won three prestigious awards from financial publication Asian Banking & Finance.
mixed fortunes for profit in banks in 2024

Mixed fortunes for profit in banks in 2024

Bank profit in the first half of this year has been a mixed mag amid a still challenging business environment.
techcombank makes history with third best bank award

Techcombank makes history with third 'Best Bank' award

Techcombank has been awarded the title of 'Best Bank in Vietnam' by the three top international finance publications in 2024. The bank has received plaudits from Euromoney, FinanceAsia, and Global Finance, becoming the only Vietnamese bank to ever win all three prestigious awards in the same year.
techcombank ushers in new era of ai powered banking

Techcombank ushers in new era of AI-powered banking

Hanoi-based Vietnam Technological and Commercial Joint Stock Bank (Techcombank) starts a new era of AI-powered banking at its first-ever Techcombank Keynote event as the bank accelerates its journey to become a leading bank in Vietnam with innovative digital and data-led solutions for customers.
lenders increase provisioning to protect against bad debt

Lenders increase provisioning to protect against bad debt

Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu has revealed that the central bank has greenlit a six-month extension of the debt rescheduling policy according to Circular No.02/2023/TT-NHNN.
vietnam targets 10 billionaires and top asian business leaders by 2030

Vietnam targets 10 billionaires and top Asian business leaders by 2030

Vietnam has set ambitious targets to have at least 10 billionaires and five of Asia’s most influential entrepreneurs by 2030, according to a newly issued resolution by the Vietnamese government.
new independent director hopes to add value to techcombank

New independent director hopes to 'add value' to Techcombank

World-class banking veteran Eugene Keith Galbraith hopes to add value by drawing on his vast experience in Indonesia to help Techcombank achieve its vision of becoming a top bank in the region and the partner of choice for customers.
mibrand holds brand workshop for banks

Mibrand holds brand workshop for banks

The list of Top 30 banking brands in 2023 saw little change, with Techcombank, MBBank, and TPBank continuing to maintain their leading positions in brand health, while Sacombank brought a significant surprise.