competition heats up for acquisition of home credit vietnam

Competition heats up for acquisition of Home Credit Vietnam

KBank, KB Kookmin, SCB X are shortlisted into the next round of acquisition of Home Credit Vietnam, one of the leading consumer finance companies in the Vietnamese market.
msb secures 100 million fmo facility for sustainable initiatives

MSB secures $100 million FMO facility for sustainable initiatives

Vietnam Maritime Commercial Joint Stock Bank (MSB) solidified its commitment to sustainable finance by signing an MoU on November 2 with the Dutch Entrepreneurial Development Bank (FMO). The agreement marks a strategic partnership for mid to long-term collaboration, aiming to amplify MSB's sustainable lending practices.
bankings development in data and digitalisation era

Banking’s development in data and digitalisation era

Data is now at the centre of decision-making processes in today’s fast-paced world, where digital disruption is transforming all industries and causing a change in thinking. Le Khanh Lam, chairman of RSM Vietnam, explains how financial services are no different, using data analytics as the basis for competitiveness and innovation in the banking sector.
fmo to provide 90 million credit package to loc troi group

FMO to provide $90-million credit package to Loc Troi Group

Seeing huge potential in Loc Troi Group's sustainable practices and advanced agricultural expertise, the Dutch Entrepreneurial Development Bank (FMO) is supporting the company with a credit package worth $90 million.
loc troi and fmo sign 90 million credit package to advance sustainable rice production

Loc Troi and FMO sign $90-million credit package to advance sustainable rice production

On November 2, Loc Troi Group JSC (LTG) announced the signing of a Letter of Intent for a $90-million credit package between LTG and the Dutch Entrepreneurial Development Bank (FMO).
uob releases flagship study on consumer sentiment

UOB releases flagship study on consumer sentiment

On November 1, United Overseas Bank (UOB Vietnam) held a ceremony to bring exposure to its flagship study on consumer sentiment across ASEAN.
acb first bank to publish separate report on sustainable development

ACB first bank to publish separate report on sustainable development

On October 27, ACB officially released the 2022 Sustainable Development Report, becoming the first bank in Vietnam to publish a separate report on sustainable development.
mb eyes 30 million customers by 2024 following strong q3 earnings

MB eyes 30 million customers by 2024 following strong Q3 earnings

Military Commercial Joint Stock Bank (MB) has just unveiled a robust performance for Q3 2023, maintaining a positive growth trajectory. The bank's focus on operational cost management and a push towards digital transformation places it at the forefront of Vietnam's banking sector's digitalisation race.
the future of banking in the world of data evolution

The future of banking in the world of data evolution

Sylvester Kinuthia, head of Transaction Banking, Standard Chartered Bank Vietnam, delves into the future of banking in a world of data evolution.
the future of banking unleashing ai

The future of banking: Unleashing AI

Phillip L. Wright, COO of HSBC Vietnam, scrutinises the future of banking leveraged by the power of AI.
another push for real estate bounce

Another push for real estate bounce

Vietnam’s government aims to boost its real estate sector by easing bank credit and tackling legal, land, and administrative hurdles to foster market growth.
credit rating overhaul vital for building trust

Credit rating overhaul vital for building trust

Pivotal changes are upcoming in Vietnam’s financial market, with mandated credit ratings for specific corporate bonds from 2024 to boost transparency and diversify investments.
lpbank and hung thinh sign 211 million credit deal

LPBank and Hung Thinh sign $211 million credit deal

LPBank and Hung Thinh Corporation formalised a credit contract of VND 5 trillion (approximately $211 million) in Hanoi on October 30 that, according to those present, should go some way to help stimulate recovery in the property market.
more incentives needed to support green credit experts

More incentives needed to support green credit: Experts

Experts have shared a view that green credit and green growth play an important role in implementing the National Green Growth Strategy in the 2021-2030 period with a vision until 2050 as they create resources for environmentally-friendly projects and programmes.
petrovietnam to reduce stake in pvcombank

PetroVietnam to reduce stake in PVcomBank

The Vietnam Oil and Gas Group (PetroVietnam) is set to significantly diminish its stake in PVcomBank as part of a broad restructuring scheme aimed at adapting to evolving market trends and enhancing its competitiveness.