25-05-2018 18:41
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).
02-05-2018 09:00
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.
16-04-2018 16:52
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.
19-03-2018 17:07
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.
16-02-2018 09:00
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.
17-01-2018 10:13
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.
03-01-2018 16:00
Standard Chartered opened its full-service branch in District 7, Ho Chi Minh City yesterday, featuring the first automatic deposit locker in Vietnam.
29-12-2017 15:38
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.
25-11-2016 15:40
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.
17-09-2016 15:09
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.
02-10-2015 09:31
The central bank this week gave Standard Chartered Bank Viet Nam the nod to raise its chartered capital from VND3 trillion to VND3.08 trillion (from US$133.33 million to $136.89 million).
30-01-2015 09:00
Standard Chartered Bank expects Viet Nam's gross domestic product growth to accelerate to six per cent in 2015, higher than its previous forecast of 5.8 per cent.
12-11-2014 08:00
HSBC, Standard Chartered and Deutsche Bank acted as the joint book runners and dealers for Vietnam’s most recent international bond issue this month.
28-10-2014 10:00
Standard Chartered Bank is determined to become a market leader in terms of value-added products and service quality, demonstrating above-market growth in the coming years. This aspiration is driving the bank to embark on a new stage of development. Standard Chartered Vietnam CEO Nirukt Sapru outlined the bank’s key points to VIR.
03-10-2014 15:29
Standard Chartered Private Equity’s investment into An Giang Plant Protection Company is expected to facilitate robust growth of the firm.