local lenders struggle to match major ma

Local lenders struggle to match major M&A

The local tie-up scene among domestic lenders is paling in comparison with wealthy multinational institutions, as many partnerships have turned sour, particularly with weak bank involvement.
hdbank and thought machine to strengthen digitalisation in finance and banking

HDBank and Thought Machine to strengthen digitalisation in finance and banking

On February 25, within the official visit of President Nguyen Xuan Phuc to Singapore, HDBank has signed a cooperation agreement with Thought Machine – the core banking solution provider to first-tier banks in the world.
international trio invests in vietnams hdbank to help accelerate economic recovery

International trio invests in Vietnam’s HDBank to help accelerate economic recovery

As Vietnam accelerates economic recovery, IFC, LeapFrog Investments, and DEG – Deutsche Investitions- und Entwicklungsgesellschaft – have invested $165 million in convertible Tier 2 bonds issued by the Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank), a leading Vietnamese private retail and SME bank.
will hdbank raise its foreign ownership limit to 49 per cent according to evfta

Will HDBank raise its foreign ownership limit to 49 per cent according to EVFTA?

HDBank is rumoured to be looking to raise its foreign ownership limit to 49 per cent to get a foreign partner on board, as part of the EU-Vietnam Free Trade Agreement (EVFTA).
strategic cooperation floods in for banks greener visions

Strategic cooperation floods in for banks’ greener visions

International financial institutions are initiating partnerships with Vietnamese banks and other businesses through financing agreements, contributing to the energy transition.
hdbank reports robust growth amid pandemic

HDBank reports robust growth amid pandemic

Ho Chi Minh City-based commercial lender HDBank has announced preliminary business results for the third quarter this year with growth across the board, fulfilling 84 per cent of its full-year business plan.
bank cements reputation as superlative financial brand

Bank cements reputation as superlative financial brand

Vietnamese banking behemoth HDBank has entered the top 10 leading brands in the country, according to a new list published by Forbes Vietnam.
hdbank honoured again as top company to work for

HDBank honoured again as top company to work for

Ho Chi Minh City-based commercial lender HDBank has once again been named among the best companies to work for in the continent by HR Asia, an authoritative regional publisher in human resources.
hdbank on track to hit 2021 targets

HDBank on track to hit 2021 targets

HDBank has announced preliminary business results for the first nine months of 2021 with positive growth, standalone bad debt ratio at less than 1 per cent, and constrained bad debt ratio at 1.4 per cent – both lower than in the same period last year.
private banks scoop up profit while cutting loan yields

Private banks scoop up profit while cutting loan yields

Despite gloomy economic conditions and profound uncertainty from the quarter just ended, six privately-held commercial banks have revealed huge jumps in profit in their latest business reports.
hdbank surpasses 182 million in gross income in h12021

HDBank surpasses $182 million in gross income in H1/2021

HDBank (HSX: HDB) generated a pre-tax profit of VND4.19 trillion ($182.2 million) in the first six months of the year, an increase of 44.2 per cent over the same period in 2020 and completing 58 per cent of the annual plan.
hdbank finalises shareholder list to pay 25 per cent share dividend

HDBank finalises shareholder list to pay 25 per cent share dividend

HDBank (HSX: HDB) has announced that it will finalise the list of shareholders having the right to receive stock dividends in 2020 at the rate of 25 per cent.
hdbank announces distribution of dividend and bonus shares to increase charter capital

HDBank announces distribution of dividend and bonus shares to increase charter capital

HDBank (HSX: HDB) has just announced a decision to increase charter capital to more than VND20.27 trillion ($881.3 million) by paying share dividend for 2020 and issuing shares to employees.
lenders on course to reach 2021 targets

Lenders on course to reach 2021 targets

Favourable legislation from the Vietnamese government, stronger demand for credit, and more affordable cost of capital after policy rate cuts have provided a shot in the arm for banks’ profit.
hdbank to choose life insurer partner for upcoming exclusive bancassurance deal

HDBank to choose life insurer partner for upcoming exclusive bancassurance deal

Ho Chi Minh City-based bank HDBank would choose a life insurer partner for an exclusive bancassurance deal, believing the deal would be of great significance in the coming time.