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Search Results: 2,204 results for keyword "banks".
Foreign bank moves pointing to repositioned focus
27-04-2021 20:00
Banking giant Citigroup has decided to shut down its retail division in 13 markets, including Vietnam, to reset focus on institutional clients. Kent Wong, partner, head of Banking and Capital Markets at VCI Legal, explained to VIR’s Celine Luu why some foreign lenders are withdrawing, and how fierce the competition between international and locally-invested banks is in Vietnam.
Real estate businesses shake hands with banks to increase benefits for buyers
26-04-2021 15:08
The partnership between real estate developers and banks have created preferential credit solutions, reduced opportunity costs, and increased returns for buyers.
Preparation crucial for banks to avail of green credit trends
24-04-2021 11:00
Many foreign and Vietnamese financial institutions are now enthusiastically enforcing green loans or bonds as they continue to work towards transition to a low carbon economy. However, issues such as debtors’ leverage ratio or energy project quality are associated with risks. Pham Nhu Anh, member of the Board of Management, head of the Corporate and Investment Banking Division at Military Bank, talked to VIR’s Luu Huong about the risks and rewards of these climate-friendly initiatives.
VietinBank Securities bags $90 million syndicated loans from international banks
16-04-2021 12:07
The $90 million syndicated loans, with preferential rates and support from foreign lenders, will add more fuel to VietinBank Securities’s loan advisory and financing arrangements activities.
Fresh CEO rush shakes up Vietnam’s banking arena
15-04-2021 08:00
With competition in the financial landscape mounting in recent years, a wave of new CEOs in some major foreign-invested banks operating in Vietnam is slated to boost corporate innovation and responsiveness to rapidly-changing business conditions.
Divestment slow off the blocks for banks
13-04-2021 12:43
Foreign investment in state-owned banks could quench the thirst for capital while assisting with consolidation, but major problems continue to hinder the process.
Strong rise in bank profitability in first quarter
09-04-2021 15:18
A number of banks recorded impressive growth in the first quarter and set a relatively strong profit growth target this year.
A comprehensive approach to SWIFT security assessment
06-04-2021 11:33
The Society for Worldwide Interbank Financial Telecommunications (SWIFT) is a vast messaging network used by banks and other financial institutions to quickly and securely send and receive information, such as money transfer instructions.
Credit growth may reach 12-13 per cent in 2021
25-03-2021 15:58
Credit growth is expected to reach 12-13 per cent this year despite modest growth in the first quarter.
Foreign brokerages rack up agreements
25-03-2021 08:30
Several international banks, particularly from Taiwan, are boosting their financing offers to Vietnam’s brokerages, betting on the tremendous growth of the financial market.
Financial institutions opting more into eKYC convenience
25-03-2021 07:00
Fintech companies, banks, and other financial institutions are making great strides to go paperless, eliminating physical movements and paperwork, and becoming more cost-effective through electronic processes.
Moody's takes rating actions on 15 Vietnamese banks
20-03-2021 13:30
Moody's Investors Service has affirmed the long-term local and foreign currency deposit ratings, and where applicable, the issuer and senior unsecured ratings of 15 banks in Vietnam at Ba3 positive.
Higher risk of default from solar power investment
16-03-2021 09:12
The rush into solar power investment ventures has triggered a growing concern over loan defaults at banks as well as threatened to disrupt the country’s energy balance.
VietinBank Securities secures $30 million syndicated loan from four Taiwanese banks
15-03-2021 17:36
VietinBank Securities – the brokerage arm of state-owned VietinBank – today successfully wrapped up a mortgage loan agreement of roughly $30 million with a group of four international banks from Taiwan.
Shares extend gains, propped up by banks and brokers
12-03-2021 12:46
The VN-Index extended gains on Thursday, adding 1 per cent to close trading at 1,181.73 points, propped up by banking and securities shares.
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