04-10-2019 10:42
Passing over other banks, Techcombank ranks third among the top 500 most profitable companies in 2019 published by the Vietnam Report.
31-07-2019 16:53
Techcombank, a major commercial lender in the local banking industry, has further cemented its position as a leading bank in Vietnam through reporting pre-tax profit of VND5.7 trillion ($247.8 million) and revenue of VND9.1 trillion ($395.6 million) for the first half of 2019, 32 per cent and 19 per cent increase from the same period last year, respectively.
08-03-2019 12:10
Hoa Phat Group (HPG) chairman Tran Dinh Long is no longer named on Forbes' 2019 list of billionaires published on March 5, including five Vietnamese names.
22-02-2019 14:25
Several local banks are reportedly determined to list on stock markets in 2019 after delaying last year.
04-12-2018 11:59
40 members of Adidas Runners Saigon (ARS) on December 2 attended the Ho Chi Minh City International Marathon Techcombank 2018. This is the debut of ARS, Adidas’ international running organisation since its launch in November.
26-06-2018 09:44
Healthy domestic banks should focus on improving the transparency in their audited financial statements to attract foreign investors as some banks have recently succeeded with the strategy, experts suggested.
13-06-2018 09:16
Sai Gon-Ha Noi Bank (SHB) and Vietnam Technological and Commercial Joint Stock Bank (Techcombank) have been assigned to support projects signed between Vietnam and the World Bank.
12-06-2018 23:37
Numerous banks have been raising charter capital to lure in investment and improve their reserves. However, some of them have raised it from retained earnings, and ownership limits and hassles during negotiation have made local banks less attractive.
06-06-2018 22:20
The trend of retail lending and the firm credit growth rate have opened a new prospect for Vietnamese banking. Talking with VIR about banking development, Barry Weisblatt, head of research at Viet Capital Securities, has expressed his belief in the Vietnamese banking sector, especially in Techcombank.
05-06-2018 00:00
More than 1.1 billion shares of the Vietnam Technological and Commercial Joint Stock Bank (Techcombank) were officially listed on the Ho Chi Minh City Stock Exchange (HSX) on June 4.
29-04-2018 12:01
Techcombank (UpCOM: TCB) has raised some VND21 trillion ($933.33 million) through its offering of 164.07 million ordinary shares to institutional investors, at VND128,000 ($5.69) a piece.
09-04-2018 11:54
Moody’s Investors Service has upgraded the long-term local currency deposit and local- and foreign-currency issuer ratings of ACB, MB Bank, and Techcombank from B2 to B1, while affirming the long-term local and foreign-currency deposit and issuer ratings of VPBank at B2 and upgrading its BCA to b2 from b3.
13-03-2018 10:00
After receiving the approval from the Vietnamese government, Lotte Card yesterday signed a purchase contract to acquire 100 per cent of Techcom Finance from Techcombank to become the first South Korean credit card company to enter the Vietnamese finance market, according to newswire Vneconomy.
12-03-2018 15:35
Following the reopening of its the foreign ownership limit (FOL) to 8.54 per cent the week before, Techcombank (OTC: TCB) announced today that global private equity firm Warburg Pincus will invest over $370 million into the bank, subject to local regulatory approval.
07-03-2018 21:22
Moody’s rates show that the asset quality of 14 local banks improved moderately year-over-year, while profitability also improved, driven by robust macroeconomic conditions and growth in core incomes.