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Search Results: 195 results for keyword "Vietcombank".
Banks witness bleak profit results
11-08-2023 14:47
Throughout the first half of this year, many banks – particularly smaller entities – have witnessed a sharp reduction in their profits.
Factors affecting bank profit outlook this year
08-08-2023 10:17
Although the profit picture of most banks was upbeat in the first half of this year, the factors that have a key impact on bank performance in the second half are forecast to change.
Vietnam's banking powerhouses secure spots on Forbes' global 2,000 list
14-06-2023 11:57
Forbes last week unveiled its annual list of the 2,000 largest companies worldwide in 2023. In a significant feat, Vietnam's banking sector has made a resounding impact, with Vietcombank, BIDV, VietinBank, Techcombank, and MBBank emerging as prominent players in the global financial arena.
CB on verge of mandatory transfer to Vietcombank
08-06-2023 14:41
Construction Bank (CB) is reaping rewards as it embarks on its ninth year of restructuring, poised to undergo a compulsory transition into becoming a subsidiary of Vietcombank.
Local banks seek foreign funding
31-05-2023 18:08
Saigon-Hanoi Bank (SHB) announced the completion of the transfer of a 50 per cent stake in its consumer finance subsidiary SHB Finance to its Thai partner, Krungsri Bank. Over a year on from initially signing the contract to sell the stake, SHB has now received $78 million from its foreign partner.
Vietnam’s 10 most reputable and efficient public companies in 2023
26-05-2023 14:47
The latest Vietnam Report's analysis provides an overview of the reshuffled rankings within Vietnam's 10 most reputable and efficient public companies for 2023, with Vietcombank securing the top position.
Vigilance over bad debt essential
20-05-2023 10:00
As bad debts continue to pose a threat to the banking sector's performance, financial authorities are implementing a host of measures to keep tabs on credit quality and mitigate risk to optimise the efficiency of credit institution restructuring.
Agribank to receive VND17 trillion charter capital boost
15-05-2023 09:00
On the morning of May 13, the National Assembly Standing Committee convened its 23rd session to discuss the provision of supplementary charter capital amounting to VND17.1 trillion ($743.5 million) for Agribank.
Modest bank growth projected this year
16-01-2023 15:30
Last year saw major changes in the banking industry, with total assets of the commercial bank group growing strongly, and most banks entering the race to diversify services. In 2023, challenges lie ahead in the context of a downturn in the real estate cycle and a less positive outlook for exports.
Banks anticipate upward momentum in 2023
12-01-2023 14:22
Bank profit is anticipated to be stellar in Q4/2022, with the financial announcement season to take place after the Lunar New Year holiday, providing a catalyst for the industry to advance.
Shares open week in red, liquidity slips
10-01-2023 14:50
Shares inched higher on the first day of the week on the Ho Chi Minh Stock Exchange, propped up by Vietcombank’s gain while other blue chips weakened.
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.
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.
Four banks have adjusted credit room
07-10-2022 08:16
The State Bank of Vietnam (SBV) has officially adjusted the credit room for four banks in a bid to support weak credit institutions according to the government's policy.
Low input material price to support profit margins of plastic businesses
27-09-2022 22:08
Vietnam is currently heavily dependent on the import of PVC resins - input materials in the construction plastic production chain. In the second half of this year and 2023, Vietcombank Securities Co (VCBS) forecasts that a low PVC price will support profit margins of businesses.
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