be cake visa credit card launched to enhance digital payment experience

Be-Cake Visa credit card launched to enhance digital payment experience

Digital bank Cake by VPBank (Cake), the on-demand multi-service consumer platform from Be and Visa – the world’s leader in digital payments – is releasing Vietnam’s first collaborative co-branded credit card product.
charter capital boost offers new credit room

Charter capital boost offers new credit room

A handful of credit institutions are raising their charter capital in a bid to strengthen their financial buffer and competitiveness, while maintaining their capital adequacy ratio as required by regulators.
vpbank smartpay and dmspro enter strategic cooperation to provide financial solutions to merchants

VPBank, SmartPay, and DMSpro enter strategic cooperation to provide financial solutions to merchants

VPBank has partnered up with SmartPay and DMSpro JSC on July 7 to provide practical financial solutions to address urgent needs of small and medium-sized enterprises (SME).
vietnam report announces top 10 prestigious banks

Vietnam Report announces Top 10 prestigious banks

The Vietnam Report JSC has recently published the list of the top 10 prestigious banks in Vietnam in 2022.
unique consumer loans targeting ride hailing drivers

Unique consumer loans targeting ride-hailing drivers

Homegrown ride-hailing firm Be Group, in collaboration with digital bank Cake by VPBank, has deeped their financial sector push by introducing consumer loans to driver-partners, the first of its kind in the Vietnamese market.
banks setting upbeat profit targets

Banks setting upbeat profit targets

Banks are penning out upbeat profit targets for 2022, leveraging sound credit demands buoyed by the economic rebound both at home and globally.
cake by vpbank spices up micro investing game after tie up with dragon capital

Cake by VPBank spices up micro-investing game after tie-up with Dragon Capital

As micro-investing gains traction, Cake by VPBank is the latest big name in fintech to inch its way into the micro-investing space by launching a new product in partnership with Dragon Capital. With a customer base of 1.5 million users just 14 months after its launch, Cake by VPBank is expected to bring substantial changes to the micro-investing market.
bancassurance the catalyst for insurers to deepen footprint

Bancassurance the catalyst for insurers to deepen footprint

Banks have managed to navigate their way through the chaos of the last few years by diversifying their non-interest income thanks to bancassurance services.
cake by vpbank signs partnership with dragon capital for micro investment product

CAKE by VPBank signs partnership with Dragon Capital for micro-investment product

Cake by VPBank (CAKE) ties up with Dragon Capital VietFund Management JSC (DCVFM) to launch a micro-investment option to customers under CAKE’s ecosystem.
aia vietnam and vpbank strengthen long term strategic partnership

AIA Vietnam and VPBank strengthen long-term strategic partnership

AIA Vietnam and VPBank on March 15 announced that the former has extended its long-term strategic partnership with the latter for four more years.
vpbank acquires 9742 per cent of asc securities

VPBank acquires 97.42 per cent of ASC Securities

By purchasing ASC Securities, Hanoi-based lender VPBank targets to grab a bigger slice of Vietnam's burgeoning stock sector.
vpbank could raise its fol to 175 per cent

VPBank could raise its FOL to 17.5 per cent

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.
breakthrough ma deals expected in banking and finance

Breakthrough M&A deals expected in banking and finance

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.
aws announces general availability of aws outposts in vietnam

AWS announces general availability of AWS Outposts in Vietnam

Amazon Web Services, Inc. (AWS), an Amazon.com company, on November 30 announced the general availability of AWS Outposts in Vietnam.
vpbank completes sale in fe credit to smbc group of japan

VPBank completes sale in FE Credit to SMBC Group of Japan

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).