02-08-2021 10:43
SHB will soon handle all debts of Vinashin and purchase all bonds held by Vietnam Asset Management Company this year thanks to increasing loan-loss provisioning.
24-06-2021 10:13
In order to support Vietnam Airlines to overcome financial issues, SeABank, MSB and SHB agree to provide loan packages worth $173.9 million to assist the national flag carrier.
01-05-2021 10:28
E-commerce cashback platform ShopBack has injected around $15 million into Vietnam with a view to creating a new shopping habit for local shoppers.
01-03-2021 09:00
Dinh Quang Huy will resign from the position of CEO and board member of SHB Consumer Finance to pursue personal plans.
12-01-2021 08:00
Hanoi-based commercial lender Saigon-Hanoi Commercial Joint Stock Bank (SHB) last week announced a senior personnel nomination at its member company, Saigon-Hanoi Commercial Bank Finance Co., Ltd. (SHB Finance).
21-11-2020 10:00
The United States has initiated a probe into Vietnam’s trade practices, a move that is experiencing some pushback from the American Chamber of Commerce (AmCham) in Vietnam. Adam Sitkoff, executive director of AmCham in Hanoi, explains the situation as it stands and emphasises the continuing strong relationship between the two countries.
09-11-2020 07:00
SHB Finance Co., Ltd. (SHB Finance) and MasterCard has just signed a co-operation agreement aimed to develop international credit card services in favour of SHB Finance customers.
04-09-2020 14:17
While cashback is considered a strong method to encourage cashless payments, numerous websites and apps are taking advantage of uninformed consumers with untransparent and illegal multi-level marketing models.
06-08-2020 11:52
International ratings agency Moody’s has professed confidence in SHB Finance – the wholly-owned subsidiary of privately-held lender SHB – by reaffirming its long-term ratings, following a healthy performance by the company in the past months in the context of the prolonged pandemic.
18-06-2020 08:00
Despite some legal concerns, international firms are ramping up their presence to reap the benefits from Vietnam’s consumer finance sector.
16-06-2020 16:22
Following recovery plans after the pandemic came under control in Vietnam, many banks have recently announced plans to move their lists to the Ho Chi Minh City Stock Exchange (HSX).
21-05-2020 08:00
Although a sweeping set of stringent rules and the coronavirus pandemic have dented a flourish in the lending segment, Vietnam’s consumer finance market still appears lucrative, enticing many overseas investors.
11-04-2020 09:10
SHB plans to sell part of SHB Finance to foreign strategic partners and will put this proposal up for discussion at its annual shareholders' meeting.
07-04-2020 14:56
Amidst the unpredictable developments of the COVID-19 epidemic, many banks have slashed lending rates by up to 2 per cent per year to help customers mitigate the implications on their lives and business.
09-03-2020 18:17
Foreign investors sold 23.59 million SHB stocks worth millions of US dollars in the session of March 5.