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Search Results: 155 results for keyword "Techcombank".
164 million Techcombank shares sold out to institutional investors
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.
Moody’s upgrades rating of four banks in Vietnam
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.
Lotte Card wholly acquires Techcom Finance
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.
Techcombank to receive $370-million investment from Warburg Pincus
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.
Moody's: Widening gap in asset quality and profitability performance
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.
Techcombank adjusts FOL to 8.54 per cent to approach foreign investors
05-03-2018 10:31
Techcombank on March 3 announced at its annual general meeting (AGM) that it has lifted its foreign ownership limit (FOL) to 8.54 per cent in a quest to offload its treasury shares bought back last year from HSBC to foreign investors potentially from the US or the EU.
Manulife Vietnam raises $30 million for Heartbeat Vietnam
29-11-2017 15:13
Manulife Vietnam has raised VND115 million ($5,061) to support Heartbeat Vietnam, a programme running in the framework of the 2017 Techcombank Ho Chi Minh City International Marathon, increasing the total funds raised by Manulife Vietnam to VND700 million ($30,811) since August 2017.
Techcombank temporarily fixes foreign ownership limit at zero per cent
27-10-2017 10:01
Vietnam Technological and Commercial Joint Stock Bank (Techcombank) announced a foreign ownership percentage of zero per cent followed by HSBC Bank’s divestment in July and its stakeholders’ request for temporary zero foreign ownership in late August.
Lotte expands Vietnam ops
05-10-2017 21:19
Lotte Card’s purchase of TechcomFinance from Techcombank is considered a move to expand in Vietnam and break into the $26.55-billion consumer finance market, which has been showing signs of rapid development.
Techcombank to sell 500 million shares in two phases
27-08-2017 15:54
Vietnam Technological and Commercial Joint Stock Bank (Techcombank) will put 500 million shares on sale in two phases.
Analysis: Basel II bank performances
11-02-2017 11:00
Updated financial reports coming from nine out of 10 banks, consisting of Vietcombank, Vietinbank, BIDV, VIB, ACB, Techcombank, VPBank, MB, and Sacombank (leaving Maritime Bank out of the list as its latest reports were dated 2015) that are to implement Basel II requirements by 2018, showed that the percentage of income generated by banks arose chiefly from credit activities.
Vietnam Airlines and Techcombank to start new airline
06-02-2016 14:05
Vietnam Airlines Corp. plans to set up a new airline from the restructuring of its subsidiary Vietnam Air Services Co. (VASCO), said Pham Ngoc Minh, chief executive officer of the national carrier in an interview with Bloomberg on Tuesday.
Moody’s rewards Techcombank’s performance
10-10-2015 15:18
Moody's Investors Service has upgraded the long-term deposit and issuer ratings of Vietnam Technological and Commercial Joint Stock Bank (Techcombank) from B3 to B2.
Techcombank’s accumulated profit for 1st half of 2015 is vnd 1,032 billion, achieving 51.6% target for 2015
18-08-2015 11:43
In 2015, Vietnam’s economy maintains its stability and has signs of recovery, yet faces many challenges for the economy and the banking sector.
Techcombank granted two prestigious international awards
30-06-2015 10:24
The Vietnam Technological and Commercial Joint Stock Bank, one of leading commercial banks in the country, has just received two prestigious international awards, Best Retail Bank in Vietnam and Best Corporate Bank in Vietnam in 2015, by the Global Banking & Finance Review- a leading financial and banking magazine in the UK.
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