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
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.
BAC A BANK launches Kiosk Banking in Hanoi
July 21, 2022 | 21:24
From July 21, BAC A BANK officially operates its new service Kiosk Banking, which is also the lender’s first automatic transaction model in Hanoi.
VPBank, SmartPay, and DMSpro enter strategic cooperation to provide financial solutions to merchants
July 08, 2022 | 18:18
VPBank has partnered up with SmartPay and DMSpro JSC on July 7 to provide practical financial solutions to address urgent needs of SMEs.
Revenue remains a major concern for many commercial banks during digital transformation
June 23, 2022 | 11:51
Digital transformation should be considered an ongoing process for banks, in which competition and cooperation with other partners are top priorities.
BAC A BANK offers fresh credit programmes
May 17, 2022 | 13:40
BAC A BANK has launched a special credit programme with attractive lending rates titled Receiving preferential loans - Realising your life goals.
Vietcombank and MB will take part in reconstructing CBank and Ocean Bank
May 11, 2022 | 18:56
Vietcombank and MB would participate in the reorganisation of two weak banks, Construction Bank (CBank) and Ocean Bank.
LienVietPostBank to sign an exclusive bancassurance agreement in mid-June
April 30, 2022 | 10:01
LienVietPostBank is mulling over an exclusive bancassurance deal after its 5-year agreement with Dai-ichi Life.
41 banks buy corporate bonds worth $11.9 billion
April 25, 2022 | 09:21
At a conference on April 22, Nguyen Thi Hong, Governor of the State Bank of Vietnam, said that credit institutions are direct investors in the bond market.
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