26-05-2012 15:06
Orient Commercial Bank (OCB), the International Finance Corporation (IFC) and French banking giant on May 24 signed an agreement for a credit facility of $25 million in Ho Chi Minh City.
24-10-2011 07:02
Vietnam’s banking sector has enjoyed a boom time in recent years, but low asset quality and a particularly high ratio of non-performing loans, has triggered great concern, writes Vietcombank Securities analyst Quach Thuy Linh.
04-07-2011 17:11
The State Bank of Vietnam has allowed the Orient Commercial Joint Stock Bank (OCB) to sell a 20 per cent stake to France’s BNP Paribas bank.
02-10-2006 18:13
Singapore-based Overseas Chinese Banking Corporation (OCBC) has received approval from the central bank over its plans to acquire 10 per cent of the Vietnam Bank for Private Enterprises (VPBank). Upon purchase, OCBC will be the fourth foreign bank to buy into a Vietnamese lender.
27-03-2006 18:13
Singapore’s Overseas Chinese Banking Corporation has become the first bank in the region to receive a commitment to acquire a 10 per cent stake in Vietnam’s seventh largest joint-stock commercial bank for private enterprise, VPBank.
23-12-2004 18:15
The government has given the go-ahead to the central bank to spend $112 million on the second stage of reform for Vietnam’s four State-owned commercial banks (SOCBs), a source from the central bank said last week.