bank

Sacombank caps its FOL at 30 per cent and targets boosting its profits

April 26, 2023 | 12:02

Sacombank is poised for remarkable growth and the distribution of dividends to its shareholders in the years to come.

Techcombank enters 2023 with strategic plan

April 24, 2023 | 12:48

Against the formidable challenging confronting the banking system, Techcombank has embarked upon distinct strategies to effectively address and advance amid obstacles in the real estate and corporate bond market.

Wider recognition a top reason for upping bank activity abroad

April 05, 2023 | 08:00

Vietnamese banks are proactively expanding their presence in the foreign markets in order to serve more customers. Kent Wong, chairman of the Legal Committee at the European Chamber of Commerce in Vietnam, discussed with VIR’s Celine Luu the positives and negatives associated with the practice.

Alternatives needed if bank crisis threatens to spread

April 04, 2023 | 08:00

As Western governments work overtime to quarantine the collapse of Credit Suisse, Silicon Valley Bank, and others, the impacts are likely to spread and project managers will need to look for innovative alternative funding sources.

Weak bank revival to necessitate patience

February 24, 2023 | 09:50

Reorganising distressed credit institutions is to be a major focus in Vietnam in 2023, but it could take 8-10 years to transform troubled lenders into financially sound ones.

Modest bank growth projected this year

January 16, 2023 | 15:30

Last year saw major changes in the banking industry, with total assets of the commercial bank group growing strongly, and most banks entering the race to diversify services. In 2023, challenges lie ahead in the context of a downturn in the real estate cycle and a less positive outlook for exports.

Most important priority in 2023 to ensure liquidity

January 04, 2023 | 11:10

Nguyen Thi Hong, Governor of the State Bank of Vietnam (SBV), affirmed that the highest priority of monetary policy in 2023 was to ensure liquidity and maintain the stability in the banking system.

Banking sector suffers difficulties in 2022

January 03, 2023 | 09:37

The State Bank (SBV) has looked back on the many difficulties for the sector in 2022, which relate to a number of areas, including credit, exchange rate, and liquidity.

MBBank App facilitates brand-new Split Order Automatically feature

November 02, 2022 | 12:05

With the fresh release of Split Order Automatically on the MBBank App, customers now have instant and limitless online transactions at their disposal.

MB received Corporate Excellence recognition at the Asia Pacific Enterprise Awards 2022

October 13, 2022 | 10:30

MB Bank has been recognised at the Asia Pacific Enterprise Awards (APEA) 2022 in the category of Corporate Excellence.

SHB to increase its charter capital

August 15, 2022 | 13:33

Saigon-Hanoi Commercial Joint Stock Bank (SHB) has received approval from the State Bank of Vietnam to increase its charter capital to $1.16 billion.

Banks raise charter capital for new growth stage

July 25, 2022 | 20:03

A slew of local and foreign banks are increasing charter capital to prepare for the new growth phase of the banking industry and the economy.

Bank of America to open branch in Ho Chi Minh City 9

July 23, 2022 | 14:21

Bank of America – the second largest bank in the US – has submitted an application to open a branch in Ho Chi Minh City with a capital of around $50 million.