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Search Results: 7,580 results for keyword "bank".
PetroVietnam to reduce stake in PVcomBank
30-10-2023 09:38
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.
VIB's profit up 7 per cent on-year
28-10-2023 12:00
Vietnam International Bank (VIB) has announced its results for the first nine months of 2023, with revenue on a good growth trajectory, business efficiency ranked at the top of the industry, and a strong and sound balance sheet.
BVBank hits 97 per cent of annual target in Q3 surge
27-10-2023 11:45
In a remarkable turnaround, BVBank, formerly known as Viet Capital Bank, has announced its financial results for the third quarter of 2023, showcasing significant improvements over the previous quarter. Its total assets reached approximately VND84.3 trillion ($3.56 billion), a major stride towards achieving its annual target.
Vietnam receives $5 million in Swiss aid to elevate fintech sector
27-10-2023 11:00
A Swiss-funded project, backed by a $5 million grant, aims to enhance Vietnam's fintech and digital banking sectors.
SBV committed to efficiency through digitalisation
27-10-2023 09:21
Industry 4.0 is having a profound impact, reshaping not just economies, but the very fabric of culture, politics, and society globally. A central figure in this transformation is data. Widely hailed as the new gold, its significance in the digital transition process is undeniable.
European Investment Bank commits €500 million credit package in Just Energy Transition
26-10-2023 16:37
The European Investment Bank (EIB) and Vietnam have signed an Mou to collaborate on shared goals designed to deliver Vietnam’s Just Energy Transition.
BIDV pioneers ICMA compliant green bond issuance
26-10-2023 16:33
State-owned bank BIDV on October 23 has marked a significant milestone in Vietnam's financial market by becoming the first bank in the country to successfully issue green bonds in compliance with the International Capital Market Association's (ICMA) Green Bond Principles.
Nam A Bank and EY Vietnam collaborate to elevate IFRS project
26-10-2023 10:25
Nam A Bank, in partnership with Ernst & Young Vietnam (EY Vietnam), successfully completed the implementation of its International Financial Reporting Standards (IFRS) project on October 19.
Banks keen to maintain upward route
25-10-2023 17:39
Banks are hoping for positive developments to fill up the rest of the year after some performance dips so far in 2023.
Central bank forecast to continue bill issuance amid abundant liquidity
24-10-2023 17:13
The State Bank of Vietnam (SBV) will continue to issue new bills to withdraw cash from the banking system as liquidity is abundant and interbank interest rates remain low, analysts forecast.
Dragon Capital increases stake in Sacombank
24-10-2023 15:14
Dragon Capital, a prominent investment group, has bolstered its position in Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) by acquiring an additional 3.5 million shares on October 19.
Achievable economic goals still in sight for Vietnam
24-10-2023 09:31
Vietnam’s economy grew 4.24 per cent in the first nine months of the year. Shantanu Chakraborty, country director for Vietnam of the Asian Development Bank, spoke with VIR’s Thanh Dat about how growth can be improved.
A Thai conglomerate denies interest in Vietnamese retail chain
23-10-2023 17:35
Thailand's Charoen Pokphand Group (CP) and its affiliated entities have categorically denied reports suggesting their intention to acquire a stake in one of Vietnam's retail chains, widely speculated to be Bach Hoa Xanh under the Mobile World Group.
Japanese lender SMBC acquires 15 per cent stake in VPBank
23-10-2023 17:02
Sumitomo Mitsui Banking Corporation (SMBC), the second-largest bank in Japan, has successfully concluded the private placement, buying 15 per cent of VPBank's equity investment, becoming a strategic shareholder in VPBank's upcoming expansion phase.
Monetary policy governance requires thorough consideration: official
23-10-2023 16:54
As the governance of the monetary policy has to concurrently guarantee multiple targets, including reducing interest rates, expanding credit, stabilising foreign exchange rates, and ensuring credit institutions’ safety, thorough consideration is needed before any steps are taken, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu.
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