26-12-2019 17:11
Privately-held Vietnam Prosperity Commercial Joint Stock Bank (VPBank) has just completed buying back all the outstanding bonds (bad debts) at state-owned Vietnam Asset Management Company – dubbed as the "bad debts bank" – providing the foundations for profit growth in the forthcoming years.
28-11-2019 17:30
In the VNR500 tally that honours Vietnam’s 500 largest businesses announced recently by Vietnam Record JSC in tandem with Vietnamnet newswire, Hanoi-based Vietnam Prosperity Bank (VPBank) was announced as Vietnam’s largest private bank and made it on the list of the 10 largest Vietnamese private businesses in 2019.
13-07-2019 12:12
Vietnam Prosperity Commercial Bank (VPBank) has succeeded in raising $300 million from the issuance of international bonds with a three-year term with advisory support from foreign prestigious institutions including BNP Paribas, JP Morgan, and Standard Chartered Bank.
01-06-2019 15:28
BE Group JSC, the Vietnamese owner and developer of the be app, has inked a strategic partnership with Vietnam Prosperity Joint Stock Commercial Bank (VPBank) to provide beFinancial, including payment and financial services from 2019.
20-02-2019 10:45
Digital investment has started to yield early results for VPBank, setting it on track for sustainable growth, with increased business volume to offset the investment cost and unearth new streams of revenue.
20-03-2018 11:45
VPBank (HSX: VPB) is looking to raise capital through a private placement in the upcoming months, then lift its foreign ownership limit (FOL) to 30 per cent and invite potential foreign investors to pay a premium price for its stakes, said the bank’s chairman at the annual general meeting (AGM) held on March 19.
26-10-2017 10:00
AIA Vietnam has joined up with VPBank in a 15-year exclusive bancassurance partnership on Monday, offering VP Bank customers a comprehensive range of life insurance products and services powered by AIA’s innovative wellness proposition, AIA Vitality.
04-10-2017 16:52
Thanks to investors’ interest in its shares, Vietnam Prosperity Joint Stock Commercial Bank (VPBank) has completed the sale of 165 million individual stocks at the price of VND39,000 ($1.71) apiece and earned more than VND6.4 trillion ($280.7 million).
19-07-2017 17:43
International Finance Corporation has approved a convertible loan of $57 million to Vietnam Prosperity Joint Stock Commercial Bank, commonly known as VPBank.
10-10-2015 15:18
The Vietnam Prosperity Bank (VPBank) has announced its plan to sell stakes to a strategic partner and divesting two subsidiaries, namely VP Bank Securities Company (VPBS) and VP Bank Financial Companies (VPBFC).
03-07-2015 10:31
M.I.K Corporation, a leading professional real estate developer in Vietnam, has recently announced that Vietnam Prosperity Bank (VPBank) will act as a guarantor for its projects, following the Law on Real Estate Business coming into effect on July 1.
12-07-2024 18:53
A major Vietnamese bank and the International Finance Corporation (IFC) have collaborated to provide $150 million in supply chain financing for coffee-exporting companies in Vietnam.
04-04-2024 15:56
VPBank has outlined documentation in its 2024 AGM of its intention to undertake a compulsory acquisition of a struggling financial institution. This move is highlighted as part of VPBank's strategic objectives for the year.
26-08-2024 18:42
China's Tianhong Vietnamese Market Equity Launched QDII Fund has become the latest shareholder to take a more than one per cent holding in VPBank.
31-07-2024 09:47
Hanoi-based commercial lender VPBank has secured stable growth across strategic segments this year, leveraging well-controlled borrowing costs.