vpbank freshly inks syndicated loan worth 500 million

VPBank freshly inks syndicated loan worth $500 million

With fresh international financing sources secured, VPBank has once again affirmed its reputation in the loan syndication market and strengthened its lending capacity to finance local small- and medium-sized enterprises, women-owned businesses and many social projects to enhance the overall infrastructure and improve the quality of life for Vietnamese citizens.
techcombank and manulife vietnam celebrate bancassurance partnership success

Techcombank and Manulife Vietnam celebrate bancassurance partnership success

Techcombank and Manulife Vietnam today are delighted to celebrate nine years of their award-winning strategic bancassurance partnership and to reaffirm their commitment to delivering comprehensive solutions that drive financial security for the Vietnamese people.
central banks brace after new fed move

Central banks brace after new Fed move

Central banks across the globe have announced their recent rate hike in a bid to tame inflation, but market watchdogs predict that the tempo of rate rises is starting to slow down.
digitalisation best practices from international banks

Digitalisation: Best practices from international banks

Open Banking is a key driver of the digital transformation that the industry is experiencing today. Sylvester Kinuthia, head of Transaction Banking at Standard Chartered Vietnam shares his thoughts.
market extends losing streak on bank realty stocks

Market extends losing streak on bank, realty stocks

Benchmark indices lost more than 2 per cent on Monday as banking and real estate industries faced strong selling pressure, with many pillar ticker symbols hitting floor prices.
adb approves loan to help cambodia reform education

ADB approves loan to help Cambodia reform education

The Asian Development Bank (ADB) has approved a 70-million-USD loan to Cambodia to support government efforts to deepen reforms in upper secondary science, technology, engineering, and mathematics (STEM) education across the country.
vib received 150 million loan disbursement from ifc

VIB received $150 million loan disbursement from IFC

VIB has just completed the disbursement of a $150 million loan from the International Finance Corporation (IFC), a member of the World Bank Group.
28 years of mbs customer centric philosophy

28 years of MB’s customer-centric philosophy

After 28 years, MB has successfully evolved from a commercial bank with just 25 employees and $870,000 of charter capital into a versatile financial organisation that is rapidly embracing digital transformation in order to provide its clients with the finest experience.
nam a bank completes risk management following basel iii standards

Nam A Bank completes risk management following Basel III standards

On October 12, Ho Chi Minh City’s commercial lender Nam A Bank announced the completion of risk management standards according to Basel III under the accompaniment and advice of KPMG.
sbv moves in line with global money tightening tendency

SBV moves in line with global money-tightening tendency

To stabilise the currency rate in the face of fluctuations in the international market, the State Bank of Vietnam (SBV) early last week raised the operating interest rate for the second time in a month.
state bank of vietnam alleviates market pressures

State Bank of Vietnam alleviates market pressures

The State Bank of Vietnam adjusted several operating interest rates last week, with the move deemed necessary in the context of a strong USD and increasing domestic pressure on interest rates and exchange rates.
mbbank app facilitates brand new split order automatically feature

MBBank App facilitates brand-new Split Order Automatically feature

With the fresh release of Split Order Automatically on the MBBank App, customers now have instant, limitless, and always-available online monetary transactions at their disposal.
us fed starts policy meeting with further rate hike expected

US Fed starts policy meeting with further rate hike expected

US central bankers started their two-day policy meeting Tuesday with persistently high inflation backing expectations of another rate hike -- a fourth straight steep increase as price pressures fail to ease quickly enough.
vndirect sign off syndication with foreign financial institutions

VNDIRECT sign off syndication with foreign financial institutions

VNDIRECT Securities Corporation has announced its enrollment into the $75 million offshore unsecured syndicated loan with the greenshoe option to increase the total limit up to $200 million from foreign financial institutions.
hiking deposit interest rates helps ensure capital mobilisation for economy

Hiking deposit interest rates helps ensure capital mobilisation for economy

Increasing deposit interest rates is in line with the general trend, ensuring liquidity safety and capital mobilisation for the economy, Deputy Governor of the State Bank of Vietnam (SBV) Pham Thanh Ha has said.