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Search Results: 151 results for keyword "VPbank".
Banks pin hopes on non-interest income sources
07-06-2023 16:21
Banks expect to rely more on non-interest income sources in the face of the credit expansion slowdown and challenging business environment to see any considerable profit growth this year.
VPBank meeting the needs of foreign customers
22-05-2023 11:07
VPBank, together with strategic partner SMBC of Japan, aims to provide foreign customers with more comprehensive corporate financial services while taking care of their staff’s financial demands, thus contributing to their efforts to retain talented people and create high growth value in the long term.
VPBank has received a 10 per cent deposit from SMBC
19-05-2023 15:59
At an investor-update meeting on May 18, Luu Thi Thao, deputy general director of VPBank, revealed that the bank has received a 10 per cent deposit from Japanese partner SMBC, as part of the $1.5 billion private placement agreement signed between the two banks.
VPBank provides effective support for FIEs
17-05-2023 11:37
In a fresh move, the innovative Hanoi-based commercial lender VPBank has reiterated its focus on promoting the foreign direct investment (FDI) landscape in Vietnam through a cooperative deal with its strategic partner, Sumitomo Mitsui Banking Corporation (SMBC), to develop and supply an inclusive suite of solutions to support foreign-invested enterprises (FIEs) landing ventures in Vietnam.
Bad bank debts cast shadow over profit outlook
06-05-2023 12:10
Several banks have posted low profit growth in the first quarter (Q1) of this year, with some even seeing negative growth, mostly due to a spike in non-performing loans (NPLs), leading to soaring provisioning costs.
VPBank signs with AWS to improve customer experience
10-04-2023 10:04
VPBank on April 4 announced the signing of agreements with Amazon Web Services, selecting it as its preferred cloud provider to build digital banking experiences for its customers.
Japanese financial behemoths extend SE Asia reach
05-04-2023 08:00
Three Japanese megabanks are doubling down on their emphasis on Vietnam’s finance and banking sector to experience rapid economic growth and leverage their investment portfolios across wider Southeast Asia.
VPBank announces SMBC as foreign strategic investor
27-03-2023 19:00
VPBank announced today that it has entered into an agreement with Japan’s Sumitomo Mitsui Banking Corporation (SMBC), a subsidiary of Sumitomo Mitsui Financial Group, Inc. (SMFG), to issue a 15 per cent equity stake through a private placement, officially welcoming SMBC as a foreign strategic investor of the bank.
Bad debts continue to soar at commercial banks
06-02-2023 12:21
The rate of bad debt is rising at commercial banks and is expected to increase further amid real estate market woes.
Cake efforts make sweet gains
05-01-2023 12:52
Though newly established, leveraging significant investment in technology, Cake by VPBank has emerged as one of Vietnam's top digital banks in terms of customer growth and service quality.
VIB leads industry in 'Top 50 Most Effective Companies in Vietnam'
28-12-2022 18:44
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.
Deposit rate hikes still lingering
02-12-2022 17:42
Banks continue to increase their deposit rates to relieve liquidity constraints at year-end.
Visa adds Google Wallet capabilities in Vietnam
15-11-2022 12:11
Visa, the world’s leader in digital payments, is launching Google Wallet for cardholders in Vietnam in partnership with ACB, Sacombank, Shinhan Bank, Techcombank, TPBank, Vietcombank, and VPBank. With the launch, Android and Wear OS users will be able to enjoy secure and convenient digital payments with a single tap of their smart device.
VPBank freshly inks syndicated loan worth $500 million
11-11-2022 17:15
With fresh international financing sources secured, VPBank has once again affirmed its reputation in the loan syndication market and strengthened its lending capacity to finance local small- and medium-sized enterprises, women-owned businesses and many social projects to enhance the overall infrastructure and improve the quality of life for Vietnamese citizens.
Retail segment brightens bank profit picture
28-10-2022 19:44
Many banks have unveiled their third-quarter business results, showing a spike in their profits, leveraging well-conceived retail lending development strategy amid restricted credit line.
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