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Deutsche Bank AG Ho Chi Minh City branch increases granted capital
19-05-2023 14:08
Deutsche Bank AG - Ho Chi Minh City branch's granted capital has been increased to $200.08 million and updated as per State Bank of Vietnam (SBV) Decision No.401/QD-HCM dated May 12, 2023.
Shinhan Bank Vietnam takes centre stage with prestigious digital transformation award
19-05-2023 12:06
In a dazzling display of its commitment to digital innovation, Shinhan Bank Vietnam has been honoured with a prestigious certificate of merit at the 2023 Digital Transformation Event held in Hanoi by the State Bank of Vietnam. This recognition serves as a testament to the bank's remarkable achievements in spearheading the digital revolution within the banking sector.
MB appoints Pham Nhu Anh as CEO
18-05-2023 17:24
With a strong foundation built on academic excellence and a formidable professional track record, Pham Nhu Anh assumes the role of new CEO at Military Commercial Joint Stock Bank (MB), poised to steer the bank towards greater achievements.
FPT Smart Cloud sets its sights on Indonesia: unleashing AI innovation to transform financial market
18-05-2023 16:15
Armed with a rich portfolio of AI-driven solutions and backed by an illustrious track record, FPT Smart Cloud aims to empower businesses, optimise operations, and foster sustainable growth across various sectors, particularly the banking, finance and insurance industries in Indonesia – the largest economy in the Southeast Asia.
PVcomBank launches its multichannel payment service
17-05-2023 15:41
PVcomBank has launched its multichannel payment service in collaboration with Visa and Vietpay Technology, a member of UK-based multinational group Nexxo Ventures Ltd.
VPBank provides effective support for FIEs
17-05-2023 11:37
In a fresh move, the innovative Hanoi-based commercial lender VPBank has reiterated its focus on promoting the foreign direct investment (FDI) landscape in Vietnam through a cooperative deal with its strategic partner, Sumitomo Mitsui Banking Corporation (SMBC), to develop and supply an inclusive suite of solutions to support foreign-invested enterprises (FIEs) landing ventures in Vietnam.
Direction clearer in weak bank overhaul
16-05-2023 10:04
Decisive action taken by Vietnam’s central bank on restructuring failing banks signifies a considerable stride towards revamping and fostering a sound financial landscape.
Lenders adjust as real estate giants revive ventures
16-05-2023 09:55
Some banks are strategically adapting lending practices and risk management approaches to address the complexities and risks associated with real estate-related credit, particularly for large-scale property developers.
VIR conference: Certain sectors remain magnets for FDI
15-05-2023 17:00
Certain sectors, namely manufacturing, energy, real estate, tourism, education, and banking remain attractive targets for foreign direct investment (FDI).
Charter capital of banks to increase sharply in 2023
15-05-2023 11:03
Many banks plan to increase their charter capital in 2023 in order to ensure operational safety and have more resources for business development.
Agribank to receive VND17 trillion charter capital boost
15-05-2023 09:00
On the morning of May 13, the National Assembly Standing Committee convened its 23rd session to discuss the provision of supplementary charter capital amounting to VND17.1 trillion ($743.5 million) for Agribank.
Bank lending interest rates will be cut at appropriate time: SBV chief
15-05-2023 09:00
Reducing interest rates, maintaining interest subsidies, hiking credit limits, and providing unsecured loans to manufacturing businesses are among the demands made by businesses in the south-eastern region to the State Bank of Vietnam (SBV).
Thien Long partners with HSBC on digitalisiation
13-05-2023 11:36
Thien Long Group (TLG), in cooperation with its long-term banking partner HSBC, is accelerating the pace of its digitalisation journey by developing a fully automated Integrated Payables Solution and a seamless Integrated Receivables Management Solution.
Shinhan Bank and Nguyen Hoang Group forge educational financing partnership
13-05-2023 11:22
Shinhan Vietnam Joint Stock Commercial Bank (Shinhan Bank) inked a strategic collaboration with Nguyen Hoang Group (NHG), an educational company in Vietnam, on May 11 to offer an interest-free tuition fee financing programme.
Techcombank confident about 2025 targets despite headwinds
12-05-2023 17:29
Despite several temporary headwinds, Techcombank is staying consistent in the third year of its five-year transformation journey, with medium-term objectives and targets remaining unchanged.
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