Citi named Investment Bank of the Year in Asia

Citi named Investment Bank of the Year in Asia

Citi, a leading banking institution in the US, was named Investment Bank of the Year in Asia for 2021 by The Banker magazine.
Banks report healthy three-quarter profit picture

Banks report healthy three-quarter profit picture

Many banks have published business reports for the first three quarters, depicting a generally bright profit picture.
SeABank raises charter capital to nearly $590 million

SeABank raises charter capital to nearly $590 million

SeABank has increased its charter capital to nearly $590 million by paying dividend in shares and issuing shares to employees.
Asia-Pacific markets leap forward in digital banking innovation and adoption

Asia-Pacific markets leap forward in digital banking innovation and adoption

As consumer use of digital banking accelerates in the Asia-Pacific, the region has become the hub of banking innovation for digital business models.
UOB reaffirms long-term commitment to Vietnam with fresh capital injection

UOB reaffirms long-term commitment to Vietnam with fresh capital injection

UOB is reaffirming its long-term commitment to Vietnam by increasing its charter capital from VND3 trillion to VND5 trillion ($130.43-217.4 million).
Financial Times research highlights the need for banks to digitalise

Financial Times research highlights the need for banks to digitalise

67 per cent of banks believe they will lose market share within two years if they fail to digitally transform.
Creating credit mechanism essential for banks to support the aviation industry

Creating credit mechanism essential for banks to support the aviation industry

The government has directed the State Bank of Vietnam to set forth a credit support scheme within this month to help local air carriers bolster liquidity.
Thai bank Krungsri expands footprint in Southeast Asia, including Vietnam

Thai bank Krungsri expands footprint in Southeast Asia, including Vietnam

Thailand’s Bank of Ayudhya (Krungsri Bank) is signalling interest in expanding its footprint in Southeast Asia, including Vietnam.
SCIC to hold 31.08 per cent of charter capital of Vietnam Airlines

SCIC to hold 31.08 per cent of charter capital of Vietnam Airlines

SCIC bought Vietnam Airlines shares to hold at least 31.08 per cent of the charter capital to help the company overcome its difficulties amid COVID-19.
More bank support given to businesses affected by COVID-19

More bank support given to businesses affected by COVID-19

Credit institutions and businesses can now relax after the SBV extended the time and scope of debt rescheduling for enterprises suffering from COVID-19.
Pandemic driving digital-first mindset around financial services in Vietnam

Pandemic driving digital-first mindset around financial services in Vietnam

The global health crisis is driving a digital-first mindset in Vietnam when it comes to opening banking accounts.
All to play for in bancassurance growth

All to play for in bancassurance growth

Bancassurance is prefigured to gain new momentum thanks to its win-win doctrine which generates a generous amount of upfront fees for banks, while insurers could leverage banks’ wide-ranging network despite the rigorous social restrictions.
HSBC Vietnam deploys first green deposit for corporate clients

HSBC Vietnam deploys first green deposit for corporate clients

HSBC Vietnam has successfully launched the very first green deposit for corporate clients in Vietnam.
Eximbank appoints Tran Van Loc as new CEO

Eximbank appoints Tran Van Loc as new CEO

The Board of Directors of Eximbank has just appointed Tran Van Loc as CEO, pending approval by the State Bank of Vietnam.
Banks on the road of digital transformation

Banks on the road of digital transformation

Banks are taking advantage of Vietnam's potential environment to conduct digital transformation to meet increasingly technology-driven consumer demands.
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