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Search Results: 7,451 results for keyword "bank".
Banks buckle up to tackle security issues head on
18-07-2023 12:00
Many local banks are wading through troubled waters as they strive to comply with personal data protection regulations, navigating the delicate balance between privacy rights, regulatory compliance, and cybersecurity.
VPBank CEO outlines policy responses and growth prospects amidst economic challenges
18-07-2023 10:34
At a virtual conference on July 16 to review the Vietnamese banking sector's first-half performance and plot its course for the remainder of the year, Nguyen Duc Vinh, CEO of Vietnam Prosperity Joint-Stock Commercial Bank (VPBank), underscored the decisive role of the government and various sectors in stimulating the national economy.
“Substandard” banks failing with cross-ownership norms
18-07-2023 10:04
Amidst rising concerns over cross-ownership practices in Vietnam’s rapidly evolving banking sector, experts are calling for effective mechanisms to ensure the independence and competency of board members, stringent sanctions, and better regulations on ownership ratios to bolster corporate governance.
Credit bubble risk reality as banks hit lending capacities
18-07-2023 08:00
The availability of cheap capital has the potential to fuel subprime projects and activities, leading to a credit bubble risk for the economy.
KB Financial's 'glocalisation' strategy to focus on Southeast Asia
17-07-2023 19:08
Yoon Jong-kyoo, chairman and CEO of KB Financial Group, has reinforced the group’s commitment to its 'glocalisation' strategy, highlighting Southeast Asia, particularly Vietnam, as key regions for customised product offerings and market penetration.
Bamboo Airways refutes bankruptcy claims
14-07-2023 18:20
Amid circulating rumours of a potential bankruptcy filing, Bamboo Airways refutes insolvency speculation while announcing a leadership change, introducing Nguyen Ngoc Trong as the interim CEO following the recent resignation of Nguyen Minh Hai.
Vietnamese businesses await relief as SBV slashes interest rates
14-07-2023 10:39
Vietnamese businesses anticipate some relief as the central bank slashes interest rates amidst the economic challenges, with credit growth expected to accelerate in the second half of 2023.
MB skyrockets past tech giants to dominate financial app sphere
13-07-2023 15:46
Military Bank (MB) eclipsed a host of conglomerates and tech unicorns, and securing the coveted No.1 spot in Data.ai's 2023 "Top 10 Vietnam Headquartered Finance Publishers" award, thanks to their groundbreaking financial apps, MBBank and BIZ MBBank.
ADB, Singapore partner to develop clean energy
12-07-2023 15:47
The Asian Development Bank (ADB) and the Energy Market Authority (EMA) of Singapore have signed an MoU that paves the way for the development of renewable energy generation and transmission across the Association of Southeast Asian Nations (ASEAN) region.
Philippines, WB sign 600 million USD deal for farming modernisation
12-07-2023 15:40
The Philippine Department of Finance (DOF) has signed a 600-million USD loan agreement with the World Bank (WB) for the country’s modernisation and industrialisation of the agricultural sector.
Digital bank Timo bolsters position with fresh $10 million investment
12-07-2023 14:05
Timo, a prominent digital bank in Vietnam, has just garnered an additional $10 million of funding from its current shareholder base, according to insider reports gathered by DealStreetAsia.
Promoting PPP in economic and social infrastructure
11-07-2023 18:08
The Party Central Committee's Economic Commission in collaboration with the Central Theoretical Council of the Communist Party of Vietnam and the Asian Development Bank (ADB) organised the workshop on promoting PPP in economic and social infrastructure in Vietnam, on July 11.
VBSP: policy credit contributes to enhancing social wellbeing
11-07-2023 18:06
Millions of needy households and other beneficiaries gained access to policy credit sources from Vietnam Bank for Social Policies to feed their production and business requirements in the first half of this year, according to a July 7 conference for the bank reviewing activities and performance in H1.
Everpia launch the first green building factory in Vietnam
11-07-2023 13:45
Everpia Corporation (HSX:EVE), one of the first South Korean enterprises in Vietnam and the first foreign-invested enterprise to list on the stock exchange, has seen its factory at Giang Dien Industrial Zone be awarded the EDGE Advanced green certificate with recognition by the World Bank as a green building.
SBV raises credit growth target to counter economic headwinds
11-07-2023 12:09
In a move that underscores its proactive policy stance amidst the prevailing economic challenges, the State Bank of Vietnam (SBV) disclosed on July 10 an adjustment to the credit growth target for its credit institutions (CIs) to an estimated 14 per cent across the board.
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