shb to increase its charter capital

SHB to increase its charter capital

Saigon-Hanoi Commercial Joint Stock Bank (SHB) has received approval from the State Bank of Vietnam to increase its charter capital to $1.16 billion.
selective corporate bond scale expected to widen

Selective corporate bond scale expected to widen

Corporate bonds, in addition to credit channels and stocks, are now a major source of finance for firms, particularly for banks and real estate developers. However, much work has to be done as the channel is still in its infancy.
banks deny involvement in tan hoang minhs bond issuance scandal

Banks deny involvement in Tan Hoang Minh's bond issuance scandal

Vietinbank and Saigon Hanoi Commercial Joint Stock Bank (SHB) said that they do not provide securities and payment guarantee services, do not invest and distribute bonds issued by Tan Hoang Minh Group.
shb to increase its fol to 30 per cent

SHB to increase its FOL to 30 per cent

Vietnam Securities Depository modified the foreign ownership limit (FOL) ratio of privately-held lender SHB from 10 per cent to a maximum of 30 per cent, effective from March 4.
banks report healthy three quarter profit picture

Banks report healthy three-quarter profit picture

Many banks have published business reports for the first three quarters, depicting a generally bright profit picture.
thai bank krungsri expands footprint in southeast asia including vietnam

Thai bank Krungsri expands footprint in Southeast Asia, including Vietnam

Thailand’s Bank of Ayudhya (Krungsri Bank) is signalling interest in expanding its footprint in Southeast Asia, including Vietnam.
moodys places shb finance on review for upgrade on potential sale to bank of ayudhya

Moody's places SHB Finance on review for upgrade on potential sale to Bank of Ayudhya

Moody's Investors Service has placed all long-term ratings of SHBank Finance Co., Ltd. (SHB Finance) on review for upgrade.
vietnam in a stronger spot for thai bankers

Vietnam in a stronger spot for Thai bankers

Thai financiers are forging a stronger partnership in Vietnam’s alluring demographics to scale their businesses further, particularly with the increasing assistance from deep-pocketed Thai banks.
thai bank krungsri to acquire shb finance amid a 156 million deal

Thai bank Krungsri to acquire SHB Finance amid a $156-million deal

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.
shb temporarily locks foreign ownership ratio at 10 per cent

SHB temporarily locks foreign ownership ratio at 10 per cent

Saigon-Hanoi Commercial Joint Stock Bank (SHB) confirmed that it would temporarily lock its foreign ownership ratio at 10 per cent, and is now negotiating with several foreign investors.
shb focuses on handling debts at vinashin and vamc

SHB focuses on handling debts at Vinashin and VAMC

SHB will soon handle all debts of Vinashin and purchase all bonds held by Vietnam Asset Management Company this year thanks to increasing loan-loss provisioning.
three banks agree on loan for vietnam airlines on verge of bankruptcy

Three banks agree on loan for Vietnam Airlines on verge of bankruptcy

In order to support Vietnam Airlines to overcome financial issues, SeABank, MSB and SHB agree to provide loan packages worth $173.9 million to assist the national flag carrier.
singaporean startup pours 15 million into vietnams cashback market

Singaporean startup pours $15 million into Vietnam's cashback market

E-commerce cashback platform ShopBack has injected around $15 million into Vietnam with a view to creating a new shopping habit for local shoppers.
shb finance announces changes in management team

SHB Finance announces changes in management team

Dinh Quang Huy will resign from the position of CEO and board member of SHB Consumer Finance to pursue personal plans.
shb finance announced new chairman and posted stable performance in 2020

SHB Finance announced new chairman and posted stable performance in 2020

Hanoi-based commercial lender Saigon-Hanoi Commercial Joint Stock Bank (SHB) last week announced a senior personnel nomination at its member company, Saigon-Hanoi Commercial Bank Finance Co., Ltd. (SHB Finance).