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Compliance rate rise bodes well for listed companies
29-03-2023 08:00
A fair share of listed companies are complying with requirements when it comes to utilising independent directors, a new report has shared.
Singapore promotes instant payment system connectivity in Southeast Asia
28-03-2023 11:06
The Monetary Authority of Singapore (MAS) said on March 23 that the Nexus Project prototype of the Bank for International Settlements (BIS) has successfully connected with the payment systems of Europe, Malaysia and Singapore.
VPBank announces SMBC as foreign strategic investor
27-03-2023 19:00
VPBank announced today that it has entered into an agreement with Japan’s Sumitomo Mitsui Banking Corporation (SMBC), a subsidiary of Sumitomo Mitsui Financial Group, Inc. (SMFG), to issue a 15 per cent equity stake through a private placement, officially welcoming SMBC as a foreign strategic investor of the bank.
Kredivo closes $270m Series D equity round
27-03-2023 12:02
Kredivo Holdings (formerly known as FinAccel), the parent company of Kredivo and Krom Bank Indonesia, has announced it has raised $270 million in equity financing in a significantly oversubscribed round in its Series D funding phase.
MB to accompany businesses in digital transformation
27-03-2023 12:01
As Banking as a Service (BaaS) becomes a new trend in the Fourth Industrial Revolution, MB is actively promoting this service to its partners and businesses across different sectors.
Greener, faster, smarter digital plans
27-03-2023 09:46
Various experts have explained how Vietnam can be smarter, greener, and more efficient in its digital overhaul, with an eye towards sustainability.
Banks continue with consolidation game
23-03-2023 09:07
Activities pertaining to mergers and acquisitions across Vietnam’s banking system are expected to be robust in the foreseeable future as foreign strategic partners remain eager to broaden their influence.
High pedestal to reach for 2023’s growth ambitions
23-03-2023 09:00
A series of risks including a reduction in domestic production and global demand, and heightened geopolitical complexity are expected to make it more difficult for Vietnam to reach its economic growth indicators this year.
The potential ramifications of US banking collapse
23-03-2023 09:00
The collapse of Silicon Valley Bank in the United States on March 10 shook the financial markets, opening questions on whether systemic causes are not responsible for this development. Professor Andreas Stoffers, country director of the Friedrich Naumann Foundation in Vietnam, spoke with VIR’s Celine Luu about the situation and its wider impact.
BAC A BANK offers new credit cards with incentives
22-03-2023 15:24
On March 21 in Hanoi, Bac A Commercial Joint Stock Bank (BAC A BANK) launched an international credit card branded with MasterCard, with two card lines including BAC A BANK MasterCard Rewards Gold and BAC A BANK MasterCard Cashback Platinum.
Agribank going from strength to strength
22-03-2023 11:00
After 35 years in business, Agribank still maintains its position as one of the leading banks in Vietnam, with its unique place among Vietnam's rural communities.
IFC partners with SHB to boost lending for SMEs
21-03-2023 16:27
Saigon-Hanoi Commercial Joint Stock Bank (SHB) is the latest Vietnamese bank to join IFC in expanding access to finance for small- and medium-sized enterprises, especially women-owned businesses.
Citi named Bank of the Year in Asia-Pacific
21-03-2023 16:09
Early this month, Citi was named 'Bank of the Year' in Asia-Pacific at the International Financing Review (IFR) Asia Awards 2022 based on a unanimous decision of the editors of IFR Asia, a leading industry magazine with a focus on capital markets.
Indonesia prepares over 12 billion USD for Ramadan, Eid al-Fitr
21-03-2023 15:13
Bank Indonesia (BI) is preparing 195 trillion Rp (12.7 billion USD) in cash in preparation for the upcoming holy month of Ramadan and Eid Al-Fitr.
Digital transformation: Faster - Smarter - Greener
21-03-2023 10:55
VIR's forum on Digital Transformation: Faster - Smarter - Greener on March 21 opened up new and practical information flows about dual transformation trends – digital and green – in the fields of manufacturing, finance and banking, and e-commerce and logistics.
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