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Search Results: 133 results for keyword "HDBank".
HDBank targets 29 per cent profit growth for 2023
28-04-2023 16:25
HDBank has successfully organised its 2023 annual general shareholders' meeting with a high approval rating from shareholders. The bank has approved a number of targets, plans and proposals, including a target of VND13.2 trillion ($562.67 million) in profit for 2023, a growth of 29 per cent on-year.
HDBank's leadership discusses strategy at AGM
26-04-2023 20:41
At HDBank's annual general shareholders' meeting, the lender affirmed its steadfast commitment to actively engage in the Credit Institutions Restructuring Programme, while expanding its investment portfolio. Meanwhile, the question of whether the bank's foreign ownership cap of 49 per cent will be lifted remains unclear.
HDBank continues solid growth
03-04-2023 09:45
HDBank will continue its growth trajectory as its outstanding loans of real estate and corporate bond holdings are among the lowest in the banking industry in 2022.
Tough year expected for banks in 2023
04-01-2023 16:20
With a dim outlook for the banking industry, most securities firms forecast that banks will post conservative profit growth in 2023.
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.
Weaker banks on radar of major lenders
24-08-2022 16:00
The prospect for bank mergers and acquisitions in Vietnam is accelerating, notably the purchase of struggling credit institutions for the sake of reorganisation.
HDbank to participate in the credit institution restructuring programme
23-08-2022 19:17
With experience in the successful restructuring of credit institutions and its pioneering spirit, HDBank is getting involved in the compulsory transfer of weak credit institutions.
HDBank's profit before tax exceeds $240 million
30-07-2022 11:46
HDBank's profit before tax for the first half of the year exceeded $240 million, fulfilling 54 per cent of its annual budget. Its separate non-performing loan (NPL) ratio was only 0.93 per cent.
IFC and HDBank scale up finance for SMEs
12-05-2022 11:59
On May 11, the IFC and Ho Chi Minh City Development JSC Bank (HDBank) signed an MoU to become strategic partners, supporting small- and medium-sized enterprises (SME) to scale up finance and participate in global supply chains, including high-tech agriculture.
HDBank welcomes new chairman
05-05-2022 11:25
HDBank has announced a resolution by its Board of Directors to elect Kim Byoungho – an independent member – as chairman with effect from April 29. The plan is to help take the bank into a new stage of development and stronger integration.
Local lenders struggle to match major M&A
09-03-2022 10:07
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
28-02-2022 19:33
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 Vietnam’s HDBank to help accelerate economic recovery
29-01-2022 12:47
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?
27-12-2021 11:59
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
12-11-2021 10:48
International financial institutions are initiating partnerships with Vietnamese banks and other businesses through financing agreements, contributing to the energy transition.
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