shb courts foreign stakeholders with 22 billion valuation

SHB courts foreign stakeholders with $2.2 billion valuation

Saigon-Hanoi Commercial Joint-Stock Bank (SHB) is engaged in discussions to offload up to a fifth of its equity to overseas investors, according to sources familiar with the matter. The impending deal, which values the Vietnamese lender at between $2 billion and $2.2 billion, is attracting considerable interest from a host of investors, notably those hailing from South Korea and Japan.
uob and its growth in vietnam

UOB and its growth in Vietnam

With the largest consumer banking network in ASEAN and as a Singaporean bank with a wholly foreign-owned subsidiary in Vietnam, UOB has played an active role in serving a significant clientele of foreign investors over the past 30 years, while making contributions towards enhancing the investment climate in this emerging market.
standard chartered forecasts 7 per cent growth rate for vietnam in h2

Standard Chartered forecasts 7 per cent growth rate for Vietnam in H2

Standard Chartered Bank predicts that Vietnam's economy will experience a rebound in the second half of the year, with a growth rate of 7 per cent on-year that is driven by improving trade data and the country's economic openness and stability.
singapore regional business forum techcombank commits to further partnerships

Singapore Regional Business Forum: Techcombank commits to further partnerships

The Singapore Regional Business Forum in Hanoi on June 7 attracted great attention from Singaporean fintech companies looking for new opportunities.
techcombank spearheads financial innovation in the region

Techcombank spearheads financial innovation in the region

In its drive to spearhead financial innovation, Techcombank fosters strategic partnerships, embraces digital transformation, and prioritises talent acquisition, setting a path for success and influence in the international and regional financial landscape.
kbtg vietnam offers attractive opportunities for tech talents

KBTG Vietnam offers attractive opportunities for tech talents

KASIKORN Business - Technology Group (KBTG), a tech arm of KBank, is securing a stronger footprint in Vietnam, opening up attractive employment and career development opportunities to Vietnam's tech talents.
cambodia launches inter bank payment system

Cambodia launches inter-bank payment system

The National Bank of Cambodia (NBC) has formally rolled out the Cambodian Shared Switch (CSS), a chip-and-card inter-bank payment system, following a pilot run since October 2017.
vietnam singapore trade and investment likely to flourish

Vietnam-Singapore trade and investment likely to flourish

Is it feasible for Singaporean investors to invest all foreign capital in Vietnam’s market? How much time is required to open a bank account, the duration from preparing the application dossier to obtaining the licence? Is there a faster way to find local business partners?
norwegian fund expected to lead seabank private share offering

Norwegian fund expected to lead SeABank private share offering

Southeast Asia Commercial Joint-Stock Bank (SeABank) plans to issue up to 94.6 million shares, with the Norwegian Investment Fund, Norfund, being the expected primary investor, signifying a significant bolstering of foreign investment.
full year gdp growth projection of vietnam to 52 per cent uob

Full-year GDP growth projection of Vietnam to 5.2 per cent: UOB

United Overseas Bank (UOB) has just revised its full-year growth projection down to 5.2 per cent in view of the challenges ahead, particularly for the fourth quarter of 2023 with its high base (in value terms) a year earlier.
credit access the key to reducing poverty

Credit access the key to reducing poverty

Access to credit from the Vietnam Bank for Social Policies (VBSP) is providing help to many people in the northern mountainous region of Lang Son, including ethnic minorities in rural and remote areas, to get out of poverty.
vietnams banking sector faces uphill battle in 2023 fiingroup

Vietnam's banking sector faces uphill battle in 2023: FiinGroup

Vietnam's banking sector is grappling with stagnant credit growth, rising non-performing loan (NPL) ratios, and the need for sustainable credit activities amidst the economic challenges in 2023.
positive developments in the real estate market

Positive developments in the real estate market

The SBV has received 24 social housing initiative applications for a $5 billion loan package in six provinces, including 15 social housing projects in the provinces of Bac Giang, Tra Vinh, and Tay Ninh, and nine projects in the provinces of Binh Dinh, Phu Tho, and Ba Ria-Vung Tau.
accompanying customers on esg journey

Accompanying customers on ESG journey

Nguyen Thuy Hanh, deputy general director and head of Commercial, Corporate and Institutional Banking at Standard Chartered Vietnam, digs into the importance of environmental, social, and governance (ESG) for business development, and how Standard Chartered Vietnam has supported its customers on the journey.
korean lenders aspiring to become major market players

Korean lenders aspiring to become major market players

South Korean financial conglomerates are deepening their involvement in Vietnam through a series of strategic agreements in energy, banking system restructuring, and digital payments.