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Search Results: 153 results for keyword "VPBank".
VPBank's strategy to revitalise 'zero-dong bank'
01-05-2024 15:52
At its recent AGM on April 29, questions were posed about VPBank's engagement in the restructuring of financially distressed banks, often referred to as 'zero-dong bank'.
VPBank highlights SMBC deal at AGM
01-05-2024 15:50
Nguyen Duc Vinh, CEO of VPBank, spoke of the significant strides made last year at the bank's AGM on April 29, despite the challenges. A highlight of the year was VPBank selling a stake to Sumitomo Mitsui Banking Corporation (SMBC), infusing nearly $1.5 billion into the bank and positioning VPBank for growth as the economy recovers.
Weighting stock market prospects
09-04-2024 15:23
In contrast to the net-selling performance of foreign investors so far this year, local retail investors have remained active buyers. Le Duc Khanh, director of investment capacity development at VPBank Securities (VPS), explained why positive signs have taken hold of the stock market and economic development prospects.
VPBank plans compulsory acquisition of struggling credit institution
04-04-2024 15:56
VPBank has outlined documentation in its 2024 AGM of its intention to undertake a compulsory acquisition of a struggling financial institution. This move is highlighted as part of VPBank's strategic objectives for the year.
Bank credit registers slight fall in first two months
19-03-2024 10:35
Banks saw low credit growth in the first months of the year, a situation they are looking to resolves as balance sheets remain high.
Be secures $30 million investment from VPBank Securities
10-01-2024 14:14
On January 10, Be Group, owner and operator of the multiservice consumer platform Be, announced a substantial investment from VPBank Securities JSC (VPBankS), a subsidiary of VPBank.
VPBank CEO addresses challenges and strategies for Vietnam's real estate sector
15-11-2023 12:45
At a conference on real estate and social housing development on November 13, VPBank CEO Nguyen Duc Vinh outlined the obstacles facing Vietnam's real estate market, attributing them to both external and internal factors.
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.
Japanese lender SMBC acquires 15 per cent stake in VPBank
23-10-2023 17:02
Sumitomo Mitsui Banking Corporation (SMBC), the second-largest bank in Japan, has successfully concluded the private placement, buying 15 per cent of VPBank's equity investment, becoming a strategic shareholder in VPBank's upcoming expansion phase.
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.
DFC pledges $300-million bilateral loan to VPBank for sustainable finance
11-09-2023 14:22
Vietnam Prosperity Joint Stock Commercial Bank (VPBank) and the US International Development Finance Corporation (DFC) inked a Commitment Letter on a bilateral loan worth $300 million with a seven-year tenure.
Be Group working with VinFast and Cake by VPBank to promote EV use
08-09-2023 17:38
Be Group signed a cooperation agreement on September 8 with VinFast and Cake by VPBank to encourage its drivers to switch from petrol to electric vehicles (EVs), meaning thousands of Be drivers will benefit from VinFast's support policies and have access to financial solutions from Cake the digital bank.
VPBank brand value reaches nearly $1.3 billion
15-08-2023 15:25
VPBank’s value is almost 1.5 times as high as the previous year, valued at nearly $1.3 billion and ranking 173rd in the world’s 500 most valuable banking brands.
Factors affecting bank profit outlook this year
08-08-2023 10:17
Although the profit picture of most banks was upbeat in the first half of this year, the factors that have a key impact on bank performance in the second half are forecast to change.
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