shb focuses on handling debts at vinashin and vamc

SHB focuses on handling debts at Vinashin and VAMC

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.
three banks agree on loan for vietnam airlines on verge of bankruptcy

Three banks agree on loan for Vietnam Airlines on verge of bankruptcy

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.
singaporean startup pours 15 million into vietnams cashback market

Singaporean startup pours $15 million into Vietnam's cashback market

E-commerce cashback platform ShopBack has injected around $15 million into Vietnam with a view to creating a new shopping habit for local shoppers.
shb finance announces changes in management team

SHB Finance announces changes in management team

Dinh Quang Huy will resign from the position of CEO and board member of SHB Consumer Finance to pursue personal plans.
shb finance announced new chairman and posted stable performance in 2020

SHB Finance announced new chairman and posted stable performance in 2020

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).    
value of us trade ties too important

Value of US trade ties too important

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.
shb finance co operates with mastercard to issue international credit cards

SHB Finance co-operates with MasterCard to issue international credit cards

 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.    
consumers beware of e swindlers preying on fledgling cashback apps

Consumers beware of e-swindlers preying on fledgling cashback apps

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.
shb finance secured moodys stable outlook rating persistent with international practice approach

SHB Finance secured Moody’s Stable outlook rating, persistent with international practice approach

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.
lively evolution continues through foreign consumer finance presence

Lively evolution continues through foreign consumer finance presence

Despite some legal concerns, international firms are ramping up their presence to reap the benefits from Vietnam’s consumer finance sector.
a string of banks land the hsx

A string of banks land the HSX

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).
consumer finance arms reach out to attain positive growth

Consumer finance arms reach out to attain positive growth

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.
shb to get strategic partners on board at consumer finance arm

SHB to get strategic partners on board at consumer finance arm

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.
banks ramp up support for customers in covid 19 time

Banks ramp up support for customers in COVID-19 time

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.    
more than 23 million shb stocks exchange hands

More than 23 million SHB stocks exchange hands

Foreign investors sold 23.59 million SHB stocks worth millions of US dollars in the session of March 5.