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Search Results: 7,458 results for keyword "bank".
ADB lifts Asia growth forecast on Covid-19 vaccines, export demand
28-04-2021 10:22
The Asian Development Bank has raised its growth forecast for developing Asia this year on the rollout of Covid-19 vaccines and the strength of global export demand, but warned that resurgent virus outbreaks threatened the recovery
Citigroup in retreat from retail banking
28-04-2021 08:00
Facing challenges from local rivals, some foreign financial institutions have withdrawn their retail banking businesses in Asian markets, including in Vietnam, and placed their priority on institutional customers.
Foreign bank moves pointing to repositioned focus
27-04-2021 20:00
Banking giant Citigroup has decided to shut down its retail division in 13 markets, including Vietnam, to reset focus on institutional clients. Kent Wong, partner, head of Banking and Capital Markets at VCI Legal, explained to VIR’s Celine Luu why some foreign lenders are withdrawing, and how fierce the competition between international and locally-invested banks is in Vietnam.
New strategic partners soon on board at HDBank for more inclusive growth
27-04-2021 18:29
As 2021 is the first year of implementing its 5-year development plan for 2021-2025, HDBank would be in full throttle during the whole year, with great ambitions to bring higher benefits to investors and shareholders.
Real estate businesses shake hands with banks to increase benefits for buyers
26-04-2021 15:08
The partnership between real estate developers and banks have created preferential credit solutions, reduced opportunity costs, and increased returns for buyers.
Mastercard strengthens Digital First programme in Asia-Pacific
26-04-2021 13:29
Mastercard, a leading technology company in the payments industry, is strengthening its global Digital First programme across the Asia-Pacific with a range of innovative partners to deliver even more seamless and secure digital payment options than consumers expect as they shop and bank online more than ever before.
Bank and real estate giants team up
26-04-2021 09:51
Indochina Kajima Development Ltd., a joint venture from Indochina Capital and Kajima Corporation, last week signed a strategic partnership with VietinBank with the aim to provide the market with innovative real estate that addresses both current and future demands.
Preparation crucial for banks to avail of green credit trends
24-04-2021 11:00
Many foreign and Vietnamese financial institutions are now enthusiastically enforcing green loans or bonds as they continue to work towards transition to a low carbon economy. However, issues such as debtors’ leverage ratio or energy project quality are associated with risks. Pham Nhu Anh, member of the Board of Management, head of the Corporate and Investment Banking Division at Military Bank, talked to VIR’s Luu Huong about the risks and rewards of these climate-friendly initiatives.
Charting course of land price frenzy
20-04-2021 13:00
The State Bank of Vietnam is closely monitoring the real estate market to avoid any breakdowns as a large-scale land fever has gripped the country in recent months. Dr. Phan Minh Ngoc, senior credit research analyst at Bondcritic Ltd. in Singapore, writes about the ramifications of the situation.
Citigroup to withdraw retail banking division from 13 markets, including Vietnam
16-04-2021 20:57
Citigroup – the parent firm of Citibank – has announced that it would withdraw its retail banking division from 13 markets in Asia, Europe, the Middle East, and Africa, including Vietnam.
Timo appoints Nirukt Sapru to Global Advisory Board
16-04-2021 16:00
Timo, the first digital banking platform in Vietnam, today officially announced that Nirukt Sapru has been appointed to its Global Advisory Board effective from April 1, 2021.
VietinBank Securities bags $90 million syndicated loans from international banks
16-04-2021 12:07
The $90 million syndicated loans, with preferential rates and support from foreign lenders, will add more fuel to VietinBank Securities’s loan advisory and financing arrangements activities.
Thai investors scaling up presence with raft of activities
15-04-2021 13:50
Thai investors are banking on the promising future of the Vietnamese market, with several large conglomerates further increasing their foothold in the country.
Fresh CEO rush shakes up Vietnam’s banking arena
15-04-2021 08:00
With competition in the financial landscape mounting in recent years, a wave of new CEOs in some major foreign-invested banks operating in Vietnam is slated to boost corporate innovation and responsiveness to rapidly-changing business conditions.
Rising material and feed costs bridle husbandry companies
14-04-2021 15:10
Husbandry companies are being squeezed on two fronts, with prices for poultry and cattle stagnating and falling in some cases while animal feed material prices have been surging, pushing many to temporarily halt production or even declare bankruptcy.
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