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Search Results: 2,204 results for keyword "banks".
Gauging credit risk management benefits
13-11-2023 12:43
Credit ratings are playing a bigger role in Vietnam in terms of banking activities. Nguyen Quang Thuan, CEO of FiinRatings, outlined to VIR’s Nhue Man the significance of credit ratings to banks’ healthy performance and business development.
Banks struggle to reach 2023 profit targets
09-11-2023 21:31
Amid headwinds in both domestic and global markets, many banks face mounting hardships in reaching their full-year profit targets.
Banks increasing provision costs
09-11-2023 19:23
Due to lower lending interest rates, slow credit growth and rising bad debts, commercial banks have increased their provision costs.
MSB secures $100 million FMO facility for sustainable initiatives
07-11-2023 15:48
Vietnam Maritime Commercial Joint Stock Bank (MSB) solidified its commitment to sustainable finance by signing an MoU on November 2 with the Dutch Entrepreneurial Development Bank (FMO). The agreement marks a strategic partnership for mid to long-term collaboration, aiming to amplify MSB's sustainable lending practices.
LPBank and Hung Thinh sign $211 million credit deal
30-10-2023 18:12
LPBank and Hung Thinh Corporation formalised a credit contract of VND 5 trillion (approximately $211 million) in Hanoi on October 30 that, according to those present, should go some way to help stimulate recovery in the property market.
BVBank hits 97 per cent of annual target in Q3 surge
27-10-2023 11:45
In a remarkable turnaround, BVBank, formerly known as Viet Capital Bank, has announced its financial results for the third quarter of 2023, showcasing significant improvements over the previous quarter. Its total assets reached approximately VND84.3 trillion ($3.56 billion), a major stride towards achieving its annual target.
Banks keen to maintain upward route
25-10-2023 17:39
Banks are hoping for positive developments to fill up the rest of the year after some performance dips so far in 2023.
Dragon Capital increases stake in Sacombank
24-10-2023 15:14
Dragon Capital, a prominent investment group, has bolstered its position in Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) by acquiring an additional 3.5 million shares on October 19.
A Thai conglomerate denies interest in Vietnamese retail chain
23-10-2023 17:35
Thailand's Charoen Pokphand Group (CP) and its affiliated entities have categorically denied reports suggesting their intention to acquire a stake in one of Vietnam's retail chains, widely speculated to be Bach Hoa Xanh under the Mobile World Group.
Promoting personal digital signatures for electronic payment transactions
19-10-2023 10:33
The National Electronic Certification Centre, under the Ministry of Information and Communications, and the Vietnam Banks Association (VBA) jointly held a conference on October 17 about the role of personal digital signatures in electronic payment transactions and the challenges ahead.
Vietnam eyes foreign investment boost for banking sector
18-10-2023 16:53
At the meeting conference between the prime minister and foreign investors on October 17, Pham Thanh Ha, Deputy Governor of the State Bank of Vietnam (SBV), gave a warm welcome to foreign investors as they stood ready to address the challenges faced by underperforming Vietnamese banks.
Bigger banks hoover up weaker rivals
17-10-2023 15:00
Prominent Vietnamese banks are making calculated moves to acquire struggling counterparts, signalling a broader restructure of Vietnam’s banking system.
VPBank announces plans to take over weak bank
12-10-2023 11:54
Amidst the larger backdrop of restructuring within Vietnam's banking sector, VPBank has taken centre stage, declaring its readiness and financial capability to acquire a struggling bank. This bold step signals the bank's commitment to strengthening the country's banking ecosystem.
Confidence on show in banks’ green shift
10-10-2023 10:42
Vietnamese banks are amplifying green financing efforts amid robust government backing, navigating both advancements and industry issues.
Three advanced cybersecurity technologies for banks, financial services
09-10-2023 14:59
Three zero-trust security technologies for banks, financial service organisations, and insurance companies were introduced at the Smart Banking 2023 international conference and exhibition held in Hanoi on October 6 to help them comply with stringent information security regulations.
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