sbv limits non vnd term deposits to local citizens

SBV limits non-VND term deposits to local citizens

In an effort to tighten management on foreign currency, on August 1 the State Bank of Vietnam issued Circular 16/2014/TT-NHNN regarding the use of current accounts in foreign currency by residents and non-residents at permitted banks and the use of VND current accounts by non-residents and foreign individual residents.
vpbank securities wins best bond house award 2014

VPBank Securities wins Best Bond House Award 2014

Alpha Southeast Asia Magazine, the first and only institutional investment magazine purely focused and entirely committed to Southeast Asia, just announced the winners of the eighth Annual Best Financial Institution Awards
bond market spikes on improved cpi

Bond market spikes on improved CPI

According to the Asian Development Bank, Vietnam has the fastest growing bond market in East Asia’s emerging markets during the first quarter of 2014. The growth of the bond market can be credited to Vietnam successfully managing to sustain macroeconomic stability, contain inflation, and maintain economic growth over the past three years.
vpbs wins best debt capital market house award 2014 by financeasia

VPBS wins Best Debt Capital Market House Award 2014 by FinanceAsia

Hanoi-based VPBank Securities just won the Best Debt Capital Market House Award 2014 by Finance Asia, one of the leading financial magazines in Asia.
pm approves vinacomin capital sale to vpbank

PM approves Vinacomin capital sale to VPBank

Prime Minister Nguyen Tan Dung has approved in principles to allow the Viet Nam National Coal and Minerals Industries Group (Vinacomin) to sell all of its charter capital at Vinacomin Finance Company (CMF) to Viet Nam Prosperity Bank (VPBank).
a capital market with a new attractive force

A capital market with a new “attractive force”

Compared to other parts of the region, Vietnam’s capital market has proved to have an ‘attractive force’ that has captured the attention of numerous global investment funds, said Nguyen Lam Dung, CEO of VPBank Securities (VPBS), in an interview with VIR’s Huu Hoe.
nam viet suffers tax recalculation

Nam Viet suffers tax recalculation

The Ho Chi Minh City Department of Customs decided on November 20 to officially apply a compulsory tax on Nam Viet Oil Company, collecting the funds by a direct withdrawal from one of its accounts with VPBank.
vp bank awarded best bond house

VP Bank awarded ‘Best Bond House’

Vietnam’s VPBank Securities received this year’s “Best Bond House” award at the Country Awards Gala Dinner by FinanceAsia magazine.
vpbank wins seventh straight through process award

VPBank wins seventh Straight Through Process Award

The Vietnam Prosperity Commercial Bank (VPBank) has received the Straight Through Process (STP) Award for 2012 from the Bank of New York Mellon (BNY Mellon) for the seventh consecutive year.
vpbank lifts curtain on high mobilisation rate

VPBank lifts curtain on high mobilisation rate

VPBank has revealed high mobilisation and credit growth rates compared to its peers.
vpbank offers preferential loans for importers exporters

VPBank offers preferential loans for importers-exporters

The Vietnam Prosperity Joint Stock Commercial Bank (VPBank) has announced that it will offer preferential loans worth $100 million to importers and exporters, effective immediately until the end of 2012.

VPBank to issue additional shares

VPBank will offer 154.3 million new common shares this month to existing shareholders at an asking price of VND14,000 per share, the bank has announced.
ocbc to buy into vpbank

OCBC to buy into VPBank

Singapore-based Overseas Chinese Banking Corporation (OCBC) has received approval from the central bank over its plans to acquire 10 per cent of the Vietnam Bank for Private Enterprises (VPBank). Upon purchase, OCBC will be the fourth foreign bank to buy into a Vietnamese lender.
ocbc to take vpbank slice

OCBC to take VPBank slice

Singapore’s Overseas Chinese Banking Corporation has become the first bank in the region to receive a commitment to acquire a 10 per cent stake in Vietnam’s seventh largest joint-stock commercial bank for private enterprise, VPBank.