bac a bank offers new credit cards with incentives

BAC A BANK offers new credit cards with incentives

On March 21 in Hanoi, Bac A Commercial Joint Stock Bank (BAC A BANK) launched an international credit card branded with MasterCard, with two card lines including BAC A BANK MasterCard Rewards Gold and BAC A BANK MasterCard Cashback Platinum.
ifc partners with shb to boost lending for smes

IFC partners with SHB to boost lending for SMEs

Saigon-Hanoi Commercial Joint Stock Bank (SHB) is the latest Vietnamese bank to join IFC in expanding access to finance for small- and medium-sized enterprises, especially women-owned businesses.
vib launches lazcard and lazada cashback offer

VIB launches LazCard and Lazada cashback offer

Vietnam International Bank (VIB) has launched LazCard, which offers users 50 per cent cashback on Lazada.
vib leads industry in top 50 most effective companies in vietnam

VIB leads industry in 'Top 50 Most Effective Companies in Vietnam'

During the recent ceremony to recognise the 'Top 50 Most Effective Business Companies in Vietnam in 2022,' eight banks with outstanding business performance and sustainable growth rates were named: VIB, Vietcombank, ACB, MB, VPBank, Techcombank, TPBank and SHB.
vietnams logistics expenses cut by 14 per cent by 2025

Vietnam's logistics expenses cut by 14 per cent by 2025

Following the mid-August signing of a strategic partnership agreement, a multimodal logistics network is gradually taking form.
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.