credit continues to flow into real estate sector

Credit continues to flow into real estate sector

Despite headwinds, banks’ outstanding balances in the real estate sector maintained an upward trend in the first half of this year.
shb accompanies foreign invested enterprises with separate policies

SHB accompanies foreign-invested enterprises with separate policies

Saigon-Hanoi Commercial Joint-Stock Bank (SHB) is committed to creating the ideal environment for foreign-invested enterprises to scale up their operations in Vietnam.
shb recognised as the bank with the best sme initiative

SHB recognised as the bank with the best SME initiative

Saigon-Hanoi Commercial Joint-Stock Bank (SHB) has been recognised for its social impact finance and small- and medium-sized enterprise (SME) partnership initiatives.
shb puts down welcome mat for foreign firms

SHB puts down welcome mat for foreign firms

A financial solution package for overseas-funded firms with outstanding promotions, simple applications, and quick procedures has been rolled out by a Vietnamese bank.
south koreas busan bank partners with shb to expand presence in vietnam

South Korea's Busan Bank partners with SHB to expand presence in Vietnam

On October 16, Busan Bank – under BNK Financial Group from South Korea – signed an MoU with Saigon-Hanoi Bank (SHB) to form a comprehensive collaborative partnership, especially in relation to corporate, digital, and investment banking.
the future of banking discussed at temenos forum

The future of banking discussed at Temenos forum

The 2023 Temenos Regional Forum was held on August 23 and played host to banking experts as they shared their views on digital transformation and the future of banking, where the customer is at the centre of new technology.
shb and seabank enter vn30 index

SHB and SeABank enter VN30 Index

SHB and SeABank have secured spots in the Ho Chi Minh City Stock Exchange's (HSX) VN30 Index, a notable indicator of industry leadership and robust performance within Vietnam's financial sector.
shb courts foreign stakeholders with 22 billion valuation

SHB courts foreign stakeholders with $2.2 billion valuation

Saigon-Hanoi Commercial Joint-Stock Bank (SHB) is engaged in discussions to offload up to a fifth of its equity to overseas investors, according to sources familiar with the matter. The impending deal, which values the Vietnamese lender at between $2 billion and $2.2 billion, is attracting considerable interest from a host of investors, notably those hailing from South Korea and Japan.
vib partners with american express to launch first super card

VIB partners with American Express to launch first Super Card

Vietnam International Bank (VIB) partnered with American Express on June 27 to launch its first Super Card, offering cardholders in Vietnam up to 15 per cent cashback on their spending across multiple categories. This cashback white card gives customers the freedom and flexibility to choose how they earn their rewards based on their lifestyle and needs.
banking legacies and family ties shaping commercial banks in vietnam

Banking legacies and family ties shaping commercial banks in Vietnam

Explore the intriguing dynamics of Vietnam's private banks, such as Techcombank, TPBank, LPBank, OCB, SHB, ACB, and SeABank, where family members of top executives wield significant influence and play key roles in shaping the institutions' operations and strategies.
local banks seek foreign funding

Local banks seek foreign funding

Saigon-Hanoi Bank (SHB) announced the completion of the transfer of a 50 per cent stake in its consumer finance subsidiary SHB Finance to its Thai partner, Krungsri Bank. Over a year on from initially signing the contract to sell the stake, SHB has now received $78 million from its foreign partner.
shb seeks international investors

SHB seeks international investors

During last week's annual shareholders' meeting, SHB approved a plan to issue additional shares to strategic foreign investors. The bank has been working with potential overseas partners, including major financial institutions, and expects to have a deal in place soon.
bac a bank offers new credit cards with incentives

BAC A BANK offers new credit cards with incentives

On March 21 in Hanoi, Bac A Commercial Joint Stock Bank (BAC A BANK) launched an international credit card branded with MasterCard, with two card lines including BAC A BANK MasterCard Rewards Gold and BAC A BANK MasterCard Cashback Platinum.
ifc partners with shb to boost lending for smes

IFC partners with SHB to boost lending for SMEs

Saigon-Hanoi Commercial Joint Stock Bank (SHB) is the latest Vietnamese bank to join IFC in expanding access to finance for small- and medium-sized enterprises, especially women-owned businesses.
vib launches lazcard and lazada cashback offer

VIB launches LazCard and Lazada cashback offer

Vietnam International Bank (VIB) has launched LazCard, which offers users 50 per cent cashback on Lazada.