vbsp praised for efficient operating model

VBSP praised for efficient operating model

Vietnam Bank for Social Policies has been praised by the delegation of the Asia-Pacific Rural Agricultural Credit Association (APRACA) on a Vietnam visit to attend the recent international workshop on “Pro-Poor Rural and Agricultural Finance Best Practices: Experiences of Vietnam.”
vbsp gains from cooperation with japanese partners

VBSP gains from cooperation with Japanese partners

Vietnam Bank for Social Policies has built relationships with many Japanese partners over the years to help aid its credit policy development.
deposit rate hikes still lingering

Deposit rate hikes still lingering

Banks continue to increase their deposit rates to relieve liquidity constraints at year-end.
commercial bank nim status following projections

Commercial bank NIM status following projections

The recent decline in net interest margin of commercial banks has been deemed not as significant as anticipated, with some smaller-scale banks showing improvements on the issue.
mbs digital charitable social network bolsters humanitarian activities in vietnam

MB’s digital charitable social network bolsters humanitarian activities in Vietnam

Building a charitable social network in Vietnam, a concept and project developed by MB Bank, was awarded first place in the Initiatives for the community competition that focused on digitally transforming humanitarian operations with the goal of increasing transparency and providing participants with more convenience.
digital banking ecosystem offers growth opportunities

Digital banking ecosystem offers growth opportunities

Military Commercial Joint Stock Bank (MB) has stepped up its efforts to promote its digital banking ecosystem to unlock growth opportunities for businesses.
real estate companies and banks take international loans

Real estate companies and banks take international loans

Many real estate companies and banks are mobilising capital from foreign funds in the context of the ongoing credit crunch in Vietnam.
apax forced to pay 244000 in taxes

Apax forced to pay $244,000 in taxes

Apax Holdings was forced to pay more than VND5.6 billion ($243,500) by Hanoi Tax Department, which deducted money from its bank accounts.
vietnams timo builds with aws to scale business

Vietnam's Timo builds with AWS to scale business

Timo, Vietnam's digital bank, has built and launched its cloud-native core banking platform on AWS, aiming to scale its business and serve 5 million new customers over the next three years.
fitch ratings upgrades mbs international credit rating

Fitch Ratings upgrades MB's international credit rating

On November 17, international rating agency Fitch Ratings announced its annual credit rating results for 2022, in which MB's long-term debt issuer credit rating (IDR) was upgraded from B+ to BB-, with a Positive outlook.
commercial banks asked to lend more for production and business

Commercial banks asked to lend more for production and business

The State Bank of Vietnam (SBV) requires credit institutions with room to actively disburse loans for production and business, especially in priority areas.
honouring ma deals and consulting firms in 2021 2022

Honouring M&A deals and consulting firms in 2021-2022

With the theme "Igniting new opportunities", the M&A Forum 2022 honoured 10 outstanding M&A deals in 2021-2022 and 12 outsanding M&A advisory firms. The winning deals were in a range of business fields, including banking and finance, F&B, retail, manufacturing, heathcare, e-commerce, and real estate.
citi named vietnams best digital corporate bank

Citi named Vietnam’s Best Digital Corporate Bank

Citi claimed the top spot as Vietnam’s Best Digital Corporate/Institutional Bank in the World’s Best Digital Bank Awards 2022 by Global Finance.
lienvietpostbank and dai ichi life vietnam sign exclusive 15 year agreement

LienVietPostBank and Dai-ichi Life Vietnam sign exclusive 15-year agreement

On November 22, LienVietPostBank and Dai-ichi Life Insurance Company of Vietnam (Dai-ichi Life Vietnam) held the signing ceremony for the exclusive bancassurance agreement at JW Marriott in Hanoi.
baemin vietnam and shinhan bank launch co branded credit card

Baemin Vietnam and Shinhan Bank launch co-branded credit card

BAEMIN Vietnam application has officially partnered with Shinhan Bank to launch a co-branded credit card named "Gourmet Member" with a credit limit of VND100 million (about $4,000).