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Search Results: 7,455 results for keyword "bank".
KKR leads $45 million series B funding round for KiotViet
02-09-2021 12:09
KKR, a global investment firm, on September 2 announced the signing of definitive agreements with KiotViet, a merchant platform for micro, small and medium enterprises in Vietnam in which KKR will participate as the lead investor in the $45 million Series B funding round of KiotViet, with participation from Jungle Ventures, CVM, and Thailand bank Kasikorn.
Standard Chartered lowers Vietnam’s 2021 GDP growth forecast to 4.7 per cent
02-09-2021 11:27
The UK-backed lender predicts Vietnam's GPD growth in 2021 to be 4.7 per cent, instead of the previous forecast of 6.5 per cent.
Moody's extends upgrade review for VPBank and FE Credit
01-09-2021 13:26
Moody's Investors Service has extended its review for upgrade on all long-term ratings and assessments of Vietnam Prosperity Joint Stock Commercial Bank (VPBank) and its subsidiary VPBank Finance Company Limited (FE Credit).
Mambu wins new digital banking deal with Cake
31-08-2021 13:44
Banking technology vendor Mambu has won a deal with Cake, a new digital bank which is looking to scale its business towards offering a full suite of digital banking services.
Pham Quang Dung becomes new chairman of Vietcombank
31-08-2021 13:42
Vietcombank has appointed CEO Pham Quang Dung as its new chairman.
Standard Chartered Vietnam increases charter capital, reinforcing local commitment
31-08-2021 13:39
Standard Chartered Vietnam has been approved to increase its charter capital to over VND6.9 trillion ($300 million) from VND4.2 trillion ($182.6 million) by the State Bank of Vietnam in accordance with Document No.1343/QD-NHNN dated August 23, 2021. This follows previous increases made in 2018 with around $49 million and in 2019 with $100 million.
World Bank and Australia partner to strengthen Vietnam’s capital market
31-08-2021 13:38
As Vietnam seeks increased capital to sustain economic activities to continue strong growth in the wake of COVID-19, IFC, the World Bank, and the Australian government have partnered to promote the development of the country’s equity capital market.
SSI issues 170 million covered warrants for 16 stocks
30-08-2021 08:57
SSI Securities Corporation has issued 170 million covered warrants for 16 underlying stocks of companies in the manufacturing and services sectors and banks.
Adjusting ownership rate for foreign investors in banking sector is a long-term strategy: experts
28-08-2021 21:44
As the market is witnessing adjustments in the rate of ownership for foreign investors in banks, analysts say that it depends on the strategy and business plan of each bank from time to time.
Vietnam Bank for Social Policies' Hung Yen branch: A helping hand to needy people
28-08-2021 13:09
This year, the Hung Yen Branch of the Vietnam Bank for Social Policies (VBSP), has made great strides to boost disbursement of policy credit sources, helping local residents to lead a stable life.
Thai bank Krungsri to acquire SHB Finance amid a $156-million deal
26-08-2021 11:57
Saigon-Hanoi Joint Stock Commercial Bank (SHB) has just announced the transfer of 50 per cent of its capital and consumer finance arm the to Bank of Ayudhya (Krungsri) of Thailand.
Credit institutions commit to doing their bit for the pandemic recovery
25-08-2021 21:59
The State Bank of Vietnam will reinforce monitoring of commercial banks’ execution of their obligations in relief measures based on the outcomes of rates and charge cuts – but banks are trying to optimise their efficiency by tapping into non-interest income expansion.
Customer-centric bank MB to share $50 million of its profits in support of customers
25-08-2021 21:07
The pandemic has forced many businesses to suspend their production and suffer from sales dips and financial hardships. Pham Nhu Anh, member of the Board of Management at Military Commercial JSB sat down with VIR’s Thu Huong and discussed how the bank leverages its tremendous network and finances to help affected customers to ride out the bumps.
World Bank, Japan support Vietnam’s fight against COVID-19
25-08-2021 21:06
The World Bank (WB) and the Institute for Social Development Studies (ISDS) have recently signed a financing deal worth 2.75 million USD for a project on strengthening COVID-19 response capacity at the grassroots level in Vietnam.
New BOT approaches bring investment opportunities
25-08-2021 14:00
As Vietnamese invesstors are moving to accelerate corporate bond issuances and new business models to raise funds for transport initiatives to ease reliance on bank loans, more opportunities are coming for international ventures.
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