fitch rates standard chartered bank vietnam bb with stable outlook

Fitch rates Standard Chartered Bank Vietnam “BB” with stable outlook

Standard Chartered Bank Vietnam has announced that it has obtained a first-time rating from Fitch at BB and BBB- for its long-term issuer default foreign currency rating and local currency rating respectively. The outlooks on these ratings are stable.
consumers benefit from accelerated banking digitalisation amid covid 19

Consumers benefit from accelerated banking digitalisation amid COVID-19

While the pandemic has caused unprecedented disruptions to economic activities and societies across the globe, it does bring some positive effects, one of which is the acceleration in online and cashless transactions. Many people are now embracing digital ways, finding a greater ease and convenience in doing so.
fitch assigns standard chartered vietnam first time bb rating with stable outlook

Fitch assigns Standard Chartered Vietnam first-time 'BB' rating with stable outlook

Global ratings agency Fitch Ratings has assigned Standard Chartered Bank (Vietnam) Ltd. a first-time Long-Term Foreign-Currency Issuer Default Rating (IDR) of 'BB' and Long-Term Local-Currency IDR of 'BBB-'. The outlook is stable.
standard chartered vietnam launches 247 instant interbank transfers

Standard Chartered Vietnam launches 24/7 instant interbank transfers

Standard Chartered Vietnam today announced the launch of its 24/7 instant interbank transfer service on SCPay, its new cloud-native global payments platform, allowing both corporate and individual clients to send and receive funds to and from external bank accounts anytime anywhere including on weekends and public holidays. The service is applicable to beneficiary/ remitter accounts of National Payment Services Vietnam (NAPAS) network member banks.
standard chartered ceo positive growth anticipated for vietnam

Standard Chartered CEO: Positive growth anticipated for Vietnam

Nirukt Sapru, CEO Vietnam and ASEAN and South Asia Cluster Markets, Standard Chartered Bank looks into the growth prospects of the Vietnamese economy in 2021 and how Vietnam can sustain high economic growth in the coming years.
vietnamese exporters stand to gain 633 million by increasing trade with india

Vietnamese exporters stand to gain $633 million by increasing trade with India

Vietnamese businesses could increase exports to India by $633 million annually, the Standard Chartered Trade Opportunity Report has revealed. The study also found that Indian exporters could boost trade with Vietnam by an estimated $475 million, bringing the bilateral trade opportunity to $1.1 billion.
standard chartered vietnam and vietnam airlines launch air mile reward bank account

Standard Chartered Vietnam and Vietnam Airlines launch air mile reward bank account

Standard Chartered Vietnam and Vietnam Airlines on October 2 announced the launch of the co-branded Vietnam Airlines-Standard Chartered EliteFly Debit Card, the first bank card in Vietnam that allows clients to earn Lotusmiles miles across a wide range of transactions while enjoying an array of exclusive privileges and world-class banking services.
corporate bond bonanza shaking up local market

Corporate bond bonanza shaking up local market

Despite lingering risks, fears of an economic downturn, and low interest rates, there has been  a windfall of corporate bonds issuance, with property providers and financial institutions the most active.
standard chartered online forum highlights vietnam as rising star in fdi

Standard Chartered online forum highlights Vietnam as rising star in FDI

As a promising land for improvement, development, and mobilising FDI, Vietnam could grow into the most advanced country in the region, even surpassing Thailand and Indonesia.
weak us dollar consequences

Weak US dollar consequences

The US dollar has started to decline in value over the past few months, with the benchmark US dollar Index down about 9 per cent since its March peak. This naturally raises questions on whether this weakness can extend and whether this has broader implications for investors.
pm attends standard chartered asean business forum 2020

PM attends Standard Chartered-ASEAN Business Forum 2020

As ASEAN Chair 2020, Vietnamese Prime Minister Nguyen Xuan Phuc attended and delivered a speech at the Standard Chartered-ASEAN Business Forum 2020 themed “Unlocking the region’s potential”, which was televised on international medial channels.
standard chartered underscoring sustainability commitment amid covid 19

Standard Chartered: underscoring sustainability commitment amid COVID-19

Standard Chartered has built a strong rapport with Vietnam over time, and now as the COVID-19 storm sweeps through, the London-backed lender is doing its best to help the nation, clients, and stakeholders, pinning hope on quicker economic recovery and good health for all.
foreign banks pour capital into vietnam

Foreign banks pour capital into Vietnam

The International Finance Corporation (IFC), a member of the World Bank Group, announced on August 11 that it will provide a 70 million USD loan to Indo Trans Logistics Corporation (ITL Corp), with the aim of improving logistics, trade and competitiveness in Vietnam’s economy amid the COVID-19 pandemic.
standard chartered bank forecasts vietnams 2020 growth at 3 per cent

Standard Chartered Bank forecasts Vietnam’s 2020 growth at 3 per cent

Hanoi - Standard Chartered Bank expects Vietnam’s growth to slow to a multi-year low of 3 per cent this year on soft external demand, with external headwinds set to offset domestic outperformance.
optimising outcomes for investors leveraging market consciousness

Optimising outcomes for investors leveraging market consciousness

The COVID-19 pandemic is leaving sweeping impacts on economic development as well as stock market performance on the global scale. Alexis Calla, global head of Investment Strategy and Advisory and chief investment officer at Standard Chartered Bank, evaluates the current stock market situation and suggests ways to uphold investors to optimise their outcomes.