vietcombank and mbbank to acquire construction bank and ocean bank

Vietcombank and MBBank to acquire Construction Bank and Ocean Bank

The State Bank of Vietnam (SBV) announced a decision for the mandatory transfer of CBBank and Ocean Bank to Vietcombank and MBBank, respectively, on October 17.
joint merger bank named saigon commercial bank

Joint merger bank named ‘Saigon Commercial Bank

Ficombank, Tin Nghia Bank and Saigon Commercial Joint Stock Bank passed a resolution at a shareholders meeting held on December 15 to name their joint merger bank as ‘Saigon Commercial Bank’ with a capital of VND10.5 trillion ($507.8 million), equaling 1,058 shares, and total assets worth VND153.62 trillion.
shinhan bank vietnam organised bike run event to present bicycles and scholarships to students at sos childrens village vietnam attended by the first lady of the republic korea

Shinhan Bank Vietnam organised “Bike Run” event to present bicycles and scholarships to students at SOS Children’s Village Vietnam, attended by the First Lady of the Republic Korea

Shinhan Bank Vietnam (Shinhan Bank) organised the “Bike Run” event to present bicycles and scholarships to underprivileged students at SOS Children's Village Vietnam. The First Lady of the Republic of Korea, Kim Keon Hee attended the meaningful event. This is one of the First Lady's activities during the trip to accompany President of the Republic of Korea Yoon Suk Yeol on his state visit in Vietnam.
the next foreign bank in vietnam

The next foreign bank in Vietnam

According to newswire Vnexpress.net, Prime Minister Nguyen Tan Dung has, in principle, allowed Malaysia’s CIMB Group to open a 100 per cent foreign-owned bank in Vietnam.
maritime bank merges with mekong development bank

Maritime Bank merges with Mekong Development Bank

The Maritime Bank (MSB) announced its plan to merge with the Mekong Development Bank (MDB) on its website on March 31.
central bank to restructure non bank credit institutions

Central bank to restructure non-bank credit institutions

The State Bank of Viet Nam (SBV) will focus on restructuring non-bank credit institutions such as financial companies and finance leasing firms this year.
donga bank receives bank of mellons award

DongA Bank receives Bank of Mellon’s award

DongA Bank has been awarded by Bank of New York Mellon (BNY Mellon) an Excellence Award for 2012 for Straight Through Processing (STP), according to DongA Bank’s website.
state bank prepares regulations on bank restructuring

State Bank prepares regulations on bank restructuring

State Bank of Vietnam Governor Nguyen Van Binh will announce this month new rules governing the restructuring of the banking sector.
hsbc bank vietnam has new ceo

HSBC Bank (Vietnam) has new CEO

HSBC (Vietnam) announced on June 14 Sumit Dutta officially assumed his role as Chief Executive Officer for HSBC Bank (Vietnam) Ltd since May.
vietcombank to become no1 bank in vietnam

Vietcombank to become No.1 bank in Vietnam

The State Bank (SBV) Governer Nguyen Van Binh urged Vietcombank to become a leader in the banking sector in a conference for Business Implementation in 2015 held by Vietcombank on January 16.
deutsche bank vietnam has new cco

Deutsche Bank Vietnam has new CCO

Deutsche Bank today announced the appointment of Jens Ruebbert as chief country officer (CCO) and head of Global Transaction Banking (GTB), Deutsche Bank Vietnam, effective immediately.
india bank to launch new branch in vietnam

India bank to launch new branch in Vietnam

Managing director of Indian Overseas Bank (IOB) Nupur Mitra has met with the State Bank of Vietnam Governor to urge the upgrade of its current representative office to a new branch in Ho Chi Minh City .
laos vietnam bank to get technological facelift

Laos-Vietnam Bank to get technological facelift

The Corporation for Financing and Promoting Technology (FPT) of Vietnam will help the Laos-Vietnam Joint Venture Bank (LVB) to transform the latter’s CorBanking software system.
shinhan bank expands footprint in vietnam

Shinhan Bank expands footprint in Vietnam

Korean-backed Shinhan Bank Vietnam Ltd. has officially opened four more branches and transaction offices in Vietnam’s most vibrant metropolises, including Danang city, the capital Hanoi, Haiphong city, and Binh Duong province.  
korean bank wants to open branch in vietnam

Korean bank wants to open branch in Vietnam

Korea-based Hana Bank plans to upgrade its Ho Chi Minh City representative office into a branch, its president Kim Jeong-tae said.