bank bond issuance soars 140 per cent amid debt crisis

Bank bond issuance soars 140 per cent amid debt crisis

Bank bond issuance has surged to 96.2 trillion VND this year, a surge of 140 per cent from last year, according to MB Securities (MBS).
thai banks introduce measures to cope with bad debts

Thai banks introduce measures to cope with bad debts

Thailand’s major financial institutions are preparing for a difficult second half of 2024, as a struggling economy and high household debt force banks to take a more conservative approach to lending.
mb receives double honour from hr asia

MB receives double honour from HR Asia

Military Commercial Joint-Stock Bank (MB) has been honoured as one of the 'Best Companies To Work For In Asia 2024' along with being awarded the newly introduced 'Sustainable Workplace Award', conferred by HR Asia, a top human resources publication in Asia.
mufg bank ltd ho chi minh city branch officially moved to the nexus

MUFG Bank, Ltd., Ho Chi Minh City Branch officially moved to The Nexus

A century's journey, advancing sustainable growth in Vietnam
practical solutions appropriate regarding sugary drinks

Practical solutions appropriate regarding sugary drinks

International organisations like the World Health Organization, World Bank, UNICEF, and Johns Hopkins University have put across their opinions on proposals in Vietnam on taxing sugary beverages, the Ministry of Finance has said.
laos to establish bullion bank

Laos to establish bullion bank

The Government of Laos, represented by the Ministry of Finance, has signed a shareholders’ agreement with PTL Holding Co., Ltd. to establish the Lao Bullion Bank as a reserve fund for the nation’s economic and financial system.
banking policies negatively impact vietnams economy

Banking policies negatively impact Vietnam's economy

Experts warn that if domestic banks significantly raise savings and lending interest rates, Vietnam's economic growth could be dragged down.
hdbank posts outstanding business results in first half of 2024

HDBank posts outstanding business results in first half of 2024

HDBank held its Q2 investor conference on August 8, where it announced positive business results for the first half of the year.
vib the most viral bank on social media

VIB the most 'viral' bank on social media

The summer media race became more vibrant among banks in June, with a 29 per cent increase in engagement and participation in discussions across social networking sites compared with the previous month.
inefficiencies remain with esg in banking

Inefficiencies remain with ESG in banking

Approximately 90 per cent of Vietnam’s banks have incorporated environmental, social, and governance practices to some extent, but significant challenges, such as data shortages, policy gaps, and insufficient expertise, hinder full implementation.
revision forces banks to reveal more shareholders

Revision forces banks to reveal more shareholders

The new regulations of the revised Law on Credit Institutions, made effective a month ago, aim to curb the influence of affiliated entities on banking operations.
mb confident novaland trung nam sun group and vingroup can repay loans

MB confident Novaland, Trung Nam, Sun Group, and Vingroup can repay loans

MB's leaders addressed shareholders' questions regarding loans to Novaland, Trung Nam, Sun Group and Vingroup on August 5, and outlined the bank's strategic plan for the remaining months of 2024.
shb recognised as the bank with the best sme initiative

SHB recognised as the bank with the best SME initiative

Saigon-Hanoi Commercial Joint-Stock Bank (SHB) has been recognised for its social impact finance and small- and medium-sized enterprise (SME) partnership initiatives.
standard chartered to explore hong kong vietnam business opportunities

Standard Chartered to explore Hong Kong-Vietnam business opportunities

Standard Chartered Bank (Hong Kong) announced on August 5 that it has signed MoUs with Kingboard Holdings, Computime Group, and Stavian Group to explore business opportunities between Hong Kong and Vietnam.
mixed fortunes for profit in banks in 2024

Mixed fortunes for profit in banks in 2024

Bank profit in the first half of this year has been a mixed mag amid a still challenging business environment.