moodys takes rating actions on 15 vietnamese banks

Moody's takes rating actions on 15 Vietnamese banks

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

Higher risk of default from solar power investment

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

VietinBank Securities secures $30 million syndicated loan from four Taiwanese banks

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

Shares extend gains, propped up by banks and brokers

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.
stock market frenzy signals financial capacity intentions

Stock market frenzy signals financial capacity intentions

A successful listing would further boost the financial foundation of Vietnamese lenders, which might explain the recent rush of banks tapping public funds, switching exchanges, or tying the knot with other suitors.
ifc and state bank of vietnam partner to promote womens leadership in banking sector

IFC and State Bank of Vietnam partner to promote women’s leadership in banking sector

In a bid to increase the number of females in leadership positions at banks, World Bank Group member IFC and the State Bank of Vietnam (SBV) are partnering to promote innovative and impactful initiatives for sustainable and inclusive economic growth.
banks plan to attract foreign capital

Banks plan to attract foreign capital

A number of banks continue planning to raise capital this year to improve their financial capacity and many have already deployed plans to attract more foreign capital.
jp morgan may bank selected tcb share as the top pick among vietnams listed banks

JP Morgan, May Bank selected TCB share as the top pick among Vietnam’s listed banks

As one of the leading tech-enabled commercial banks in Vietnam, Techcombank is among the most appealing stocks thanks to its profitability and operational efficiency with a high-calibre management team.
nine vietnam banks named in brand finance banking 500 infographics

Nine Vietnam banks named in Brand Finance Banking 500 (Infographics)

Vietnam's banking sector sees greatest year-on-year brand value growth at 23%, according to Brand Finance Banking 500. Nine Vietnam banks in the list increase their global brand finance ranking.
credit market share of private banks rise

Credit market share of private banks rise

Private banks have posted significant growth in credit market share in the past five years.
nine vietnamese banks increase global brand finance ranking

Nine Vietnamese banks increase global brand finance ranking

There are nine Vietnamese banks on the Brand Finance Banking 500 list, including Agribank, Vietcombank, VietinBank, VPBank, BIDV, Techcombank, Military Bank (MB), Sacombank, and ACB.
banks set ambitious profit targets in 2021 despite covid 19

Banks set ambitious profit targets in 2021 despite COVID-19

Many banks have set high profit targets for the new year despite COVID-19 complexities.
global banking leaders targeting growth in se asia

Global banking leaders targeting growth in SE Asia

International banks are proactively deploying more resources in Southeast Asia, especially in Vietnam, with the emerging regional economy representing high potential for them.
banks scaling up charter capital goals

Banks scaling up charter capital goals

International and domestic financial institutions have strengthened their charter capital to boost financial capacity and ramp up business activities in Vietnam.
banks step up to lure demand deposits

Banks step up to lure demand deposits

Competition among banks to lure demand deposits is becoming fiercer as the cheap capital source helps banks increase their net interest income (NIM) ratio.