green banking aims push forward

Green banking aims push forward

In response to climate change, and to rigorously fulfil its role in promoting the nation’s economic development goals through credit lending activities, the local banking sector is required to take up green and sustainable banking practices in a more serious manner.
vietnam fastest growing asean economy scb

Vietnam fastest growing ASEAN economy: SCB

Standard Chartered Bank continues to expect Viet Nam’s robust GDP growth of 7 per cent in 2018, driven by strong FDI-supported electronics manufacturing and rising consumption.
the art of a us china trade deal

The art of a US-China trade deal

Steve Brice, chief investment strategist at Standard Chartered Private Bank, offers an insight into the dynamics between the US and China, talking about a potential trade deal and how this all will affect equity investment.
growth forecasts upbeat due to fdi

Growth forecasts upbeat due to FDI

The International Monetary Fund and Standard Chartered Bank are quite upbeat about Vietnam’s bright economic prospects, fuelled by a strong inflow of foreign direct investment.
standard chartered ups vn growth forecast

Standard Chartered ups VN growth forecast

Standard Chartered Bank expects Vietnam to achieve growth of 7 per cent in 2018, higher than its previous forecast of 6.8 per cent, with all domestic engines firing together. Manufacturing and construction are likely to remain the fastest-growing sectors.
standard chartered vietnam asks quang minh corporation to pay 4 million debt

Standard Chartered Vietnam asks Quang Minh Corporation to pay $4 million debt

At the first instance hearing, the representative of Standard Chartered Vietnam asked Quang Minh Corporation JSC (QMC) to pay its debts of VND89.9 billion ($4 million), and Standard Chartered Mauritius also asked for the repayment of over VND38 billion ($1.7 million).
bisuco factory shutdown to worry the firms creditors

Bisuco factory shutdown to worry the firm’s creditors

The gloomy state of Binh Dinh Sugar JSC, with its production suspension and financial troubles, may create major problems for creditors like Standard Chartered Bank, who want to recover outstanding loan payments.
nivls bisuco factory sealed due to environmental pollution

NIVL's Bisuco factory sealed due to environmental pollution

The central province of Binh Dinh’s authorities are sealing off the factory of loss-making Binh Dinh Sugar JSC (Bisuco), in which India-based NIVL JSC - a big debtor of Standard Chartered Bank both in Singapore and Vietnam, holds 97 per cent, for causing serious environmental pollution.  
mas fines stanchart singapore s 52m for anti money laundering terrorism financing breaches

MAS fines StanChart Singapore S$5.2m for anti-money laundering, terrorism financing breaches

Standard Chartered Bank, Singapore Branch (SCBS) has been fined S$5.2 million and Standard Chartered Trust (Singapore) Limited (SCTS) has been fined S$1.2 million for breaches of the Monetary Authority of Singapore's (MAS) anti-money laundering and countering the financing of terrorism requirements.
banks take on wealth management

Banks take on wealth management

Managing the wealth of well-off people could be a pleasantly profitable business for banks this year, as the number of the rich is growing alongside the strong performance of the local economy. The development of this segment depends on legal backup from the central bank, banks’ competency and capability, and further market expansion.
standard chartered quits acb

Standard Chartered quits ACB

Two big shareholders of Asia Commercial Joint Stock Bank (ACB), Standard Chartered APR Limited and Standard Chartered Bank (Hong Kong) Limited, have just sold a total of 154 million ACB shares and gained over VND6 trillion ($264.3 million) in proceeds.
new standard chartered branch features vietnams first automatic deposit locker

New Standard Chartered branch features Vietnam’s first automatic deposit locker

Standard Chartered opened its full-service branch in District 7, Ho Chi Minh City yesterday, featuring the first automatic deposit locker in Vietnam.
standard chartered anz and citibanks brand score at the bottom of the list

Standard Chartered, ANZ and Citibank’s brand score at the bottom of the list

In the Brand Beat Score Vietnam Bank Report 2017, foreign banks were shown to be performing rather poorly in their brand awareness and communication activities, while Vietnamese banks are consistently better in understanding customer demand.
standard chartered pe pours 40 million in vietnamese lifestyle platform

Standard Chartered PE pours $40 million in Vietnamese lifestyle platform

Standard Chartered Private Equity (SCPE),  the private equity arm of Standard Chartered Bank, has poured $40 million into acquiring a significant minority stake in N Kid Corporation (N Kid), a Vietnamese lifestyle platform for kids and teenagers. The information was published on the website of BDA Partners, the exclusive financial advisor to N Kid.
standard chartered ceo promises more to come in vietnam

Standard Chartered CEO promises more to come in Vietnam

The first-ever visit of Standard Chartered group’s CEO Bill Winters to Vietnam last week highlighted the lender’s long-term commitment to the country, promising further investment to capture opportunities in the 90-million population market.