13-01-2022 10:14
Raising its foreign-ownership limit (FOL) could mean that a private placement for potential foreign investors may be made, while at the same time, VPBank could offer more flexible conditions for present foreign owners, thanks to the new modification related to a larger FOL.
09-12-2021 13:30
Many large deals are on the horizon in mergers and acquisitions (M&A) in banking and finance in 2022, with transaction values of billion of dollars.
01-12-2021 15:13
Amazon Web Services, Inc. (AWS), an Amazon.com company, on November 30 announced the general availability of AWS Outposts in Vietnam.
29-10-2021 11:00
VPBank announced the completion of a 49 per cent stake sale of its consumer finance arm FE Credit by SMBC Consumer Finance Co., Ltd. (SMBCCF), a wholly-owned subsidiary of Japan’s Sumitomo Mitsui Financial Group Inc. (SMBC Group).
28-10-2021 11:00
Recent loan and credit agreements among Vietnamese banks and international financial organisations are reinforcing faith in promoting long-term growth prospects in Vietnam through renowned banks.
22-09-2021 09:00
Despite concerns over a deteriorating economic picture, both local and foreign-invested banks are laying fresh momentum in the capital hike race to supplement their adequacy ratio and intensify operations in Vietnam.
01-09-2021 13:26
Moody's Investors Service has extended its review for upgrade on all long-term ratings and assessments of Vietnam Prosperity Joint Stock Commercial Bank (VPBank) and its subsidiary VPBank Finance Company Limited (FE Credit).
31-08-2021 13:44
Banking technology vendor Mambu has won a deal with Cake, a new digital bank which is looking to scale its business towards offering a full suite of digital banking services.
30-07-2021 15:27
VPBank will issue a maximum of more than 1.97 billion shares to existing shareholders to raise its charter capital.
30-07-2021 13:46
Despite the unexpected turbulence from public health challenges, privately-held commercial banks in Vietnam are enjoying stellar profit bonanzas thanks to their full suite of minted financial services, alongside cost-effective drives and debt rescheduling roadmaps.
26-07-2021 14:48
In the first half of this year, most banks have fulfilled more than half of their full-year profit targets despite COVID-19 complexities.
07-07-2021 15:13
Given their financially sound cornerstone and professional know-how, Japanese megabanks are actively exploring sensible bolt-on opportunities of banks in Southeast Asia, including Vietnam, as a critical part of their international market expansion.
30-06-2021 21:00
Six Vietnamese banks, including Vietcombank, ACB, VPBank, VIB, MB, and Techcombank are among the 10 largest, most effective listed companies.
25-05-2021 21:26
International expertise and solid financial support are vaulting some consumer finance companies in Vietnam ahead of their peers, and also presenting opportunities for both sides to deploy excess capital and diversify their business.
20-05-2021 08:45
Vietnam Prosperity Bank, or VPBank (HSX: VPB) has just announced setting its maximum foreign ownership limit at 15 per cent, with plans to make a private placement for a foreign strategic investor.