16-04-2018 10:38
Many banks have recently reduced deposit interest rates by 0.2-0.4 percentage points against earlier this year due to good capital mobilisation amidst the credit slowdown.
16-04-2018 09:49
VPBank has launched its latest app called ‘Dream,’ providing customers with advice and solutions to conveniently manage their personal finances to help them realise their dreams in a smart and efficient manner.
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.
20-03-2018 11:45
VPBank (HSX: VPB) is looking to raise capital through a private placement in the upcoming months, then lift its foreign ownership limit (FOL) to 30 per cent and invite potential foreign investors to pay a premium price for its stakes, said the bank’s chairman at the annual general meeting (AGM) held on March 19.
15-01-2018 13:48
The financial sector is ranked first in priority of investment in Vietnam for the World Bank Group’s private investment arm IFC in 2018, according to Kyle Kelhofer, IFC country manager for Vietnam, Cambodia, and Laos.
01-01-2018 12:59
In 2017, Vietnamese banks have regained their appeal to foreign investors, after a long period of restructuring. Major share sales such as HDBank and VPBank in the last months of 2017 have raised millions of USD for the banks and attracted a great number of buyers from overseas.
29-12-2017 18:09
The five enterprises having the most substantial contribution to augmenting the size of the Vietnamese stock market in 2017 are Vietnam Airlines, Vietjet Air, Petrolimex, VPBank, and Vincom Retail.
26-10-2017 10:00
AIA Vietnam has joined up with VPBank in a 15-year exclusive bancassurance partnership on Monday, offering VP Bank customers a comprehensive range of life insurance products and services powered by AIA’s innovative wellness proposition, AIA Vitality.
04-10-2017 16:52
Thanks to investors’ interest in its shares, Vietnam Prosperity Joint Stock Commercial Bank (VPBank) has completed the sale of 165 million individual stocks at the price of VND39,000 ($1.71) apiece and earned more than VND6.4 trillion ($280.7 million).
17-08-2017 11:29
The capital volume registered by foreign investors to acquire Vietnam Prosperity Joint Stock Commercial Bank (VPBank)’s shares reached a record $1.2 billion, marking the largest transaction on the stock exchange to date.
15-08-2017 11:13
On August 17, VPBank will be officially listed on the Ho Chi Minh City Stock Exchange (HoSE). Including this, there are at least four major bank listings in 2017, and so far, this trend has shown no signs of stopping.
11-08-2017 10:13
Vietnam Prosperity Joint Stock Commercial Bank (VPBank) has officially announced its listing on the Ho Chi Minh City Stock Exchange (HoSE) under the ticker VPB.
19-07-2017 17:43
International Finance Corporation has approved a convertible loan of $57 million to Vietnam Prosperity Joint Stock Commercial Bank, commonly known as VPBank.
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.
04-01-2017 09:23
VPBank Finance Company Limited (FE Credit) today announced that the company had obtained a $100 million senior secured term loan committed with Credit Suisse AG Singapore on December 28, 2016 to supplement working capital as it continues to build its domestic consumer finance services business.