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Search Results: 171 results for keyword "VPBank".
Several Vietnamese banks agree to finance EV purchases
22-07-2024 19:58
A Chinese electric vehicle manufacturer has agreed a deal with several Vietnamese banks to provide favourable financing solutions for customers purchasing its automobiles across Vietnam.
The Asian Banker: Cake Digital Bank engages best AI technology implementation
18-07-2024 17:00
Cake by VPBank has been granted the ‘Best AI Technology Implementation’ Award by The Asian Banker at a ceremony on July 18 in Hanoi.
Riverfront Financial Centre a new landmark in Ho Chi Minh City
16-07-2024 14:00
Riverfront Financial Centre has opened in Ho Chi Minh City, becoming the most modern office building in the southern business hub.
VPBank and IFC to offer $150 million to coffee exporters
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.
VPBank's strategy to revitalise 'zero-dong bank'
01-05-2024 15:52
At its recent AGM on April 29, questions were posed about VPBank's engagement in the restructuring of financially distressed banks, often referred to as 'zero-dong bank'.
VPBank highlights SMBC deal at AGM
01-05-2024 15:50
Nguyen Duc Vinh, CEO of VPBank, spoke of the significant strides made last year at the bank's AGM on April 29, despite the challenges. A highlight of the year was VPBank selling a stake to Sumitomo Mitsui Banking Corporation (SMBC), infusing nearly $1.5 billion into the bank and positioning VPBank for growth as the economy recovers.
VPBank plans compulsory acquisition of struggling credit institution
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.
Bank credit registers slight fall in first two months
19-03-2024 10:35
Banks saw low credit growth in the first months of the year, a situation they are looking to resolves as balance sheets remain high.
Be secures $30 million investment from VPBank Securities
10-01-2024 14:14
On January 10, Be Group, owner and operator of the multiservice consumer platform Be, announced a substantial investment from VPBank Securities JSC (VPBankS), a subsidiary of VPBank.
VPBank CEO addresses challenges and strategies for Vietnam's real estate sector
15-11-2023 12:45
At a conference on real estate and social housing development on November 13, VPBank CEO Nguyen Duc Vinh outlined the obstacles facing Vietnam's real estate market, attributing them to both external and internal factors.
Banks keen to maintain upward route
25-10-2023 17:39
Banks are hoping for positive developments to fill up the rest of the year after some performance dips so far in 2023.
Japanese lender SMBC acquires 15 per cent stake in VPBank
23-10-2023 17:02
Sumitomo Mitsui Banking Corporation (SMBC), the second-largest bank in Japan, has successfully concluded the private placement, buying 15 per cent of VPBank's equity investment, becoming a strategic shareholder in VPBank's upcoming expansion phase.
Bigger banks hoover up weaker rivals
17-10-2023 15:00
Prominent Vietnamese banks are making calculated moves to acquire struggling counterparts, signalling a broader restructure of Vietnam’s banking system.
VPBank announces plans to take over weak bank
12-10-2023 11:54
Amidst the larger backdrop of restructuring within Vietnam's banking sector, VPBank has taken centre stage, declaring its readiness and financial capability to acquire a struggling bank. This bold step signals the bank's commitment to strengthening the country's banking ecosystem.
DFC pledges $300-million bilateral loan to VPBank for sustainable finance
11-09-2023 14:22
Vietnam Prosperity Joint Stock Commercial Bank (VPBank) and the US International Development Finance Corporation (DFC) inked a Commitment Letter on a bilateral loan worth $300 million with a seven-year tenure.
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