PVcomBank builds success on AWS cloud

PVcomBank builds success on AWS cloud

PVcomBank is building a platform on AWS to deploy advanced technology to promote innovation, customer satisfaction, and operational efficiency.
ABBank eyes HSX listing

ABBank eyes HSX listing

ABBank has outlined an ambitious path to recovery and eventual growth.
MB secures prestigious international award for excellence in risk management

MB secures prestigious international award for excellence in risk management

Military Commercial Joint Stock Bank (MB) has once again been recognised for its leadership in risk management innovation, securing the Model Risk Manager Award from global financial services research and consultancy firm Celent.
Complex 2023 fails to dent bank objectives

Complex 2023 fails to dent bank objectives

Vietnam’s banking sector could face a dip in asset quality but anticipates a more favourable environment in 2024 in general, with a forecasted growth in pre-tax profits.
Fitch Ratings endorses MB with upgrade

Fitch Ratings endorses MB with upgrade

Fitch Ratings has upgraded MB's Long-term IDR from 'BB-' to 'BB', adding to the positive global perception of Vietnam's banking sector.
BVBank launches 'Digibiz'

BVBank launches 'Digibiz'

BVBank has unveiled Digibiz, its tailor-made digital banking platform for businesses.
PM chairs conference seeking ways to ease capital difficulties

PM chairs conference seeking ways to ease capital difficulties

Prime Minister Pham Minh Chinh on December 7 chaired a conference to seek measures to remove difficulties in credit for production and business activities, aiming to promote growth and macro-economic stability.
BIDV pioneers ICMA compliant green bond issuance

BIDV pioneers ICMA compliant green bond issuance

BIDV spearheads Vietnam's first green bond issue, paving way for sustainable finance.
Vietnam banks support 'adopt and build' approach to digital transformation

Vietnam banks support 'adopt and build' approach to digital transformation

Over 55 per cent of chief information officers in Vietnamese banks support an “adopt and build” approach to digital transformation.
Banks join in promoting green credit

Banks join in promoting green credit

Commercial banks in Vietnam have been actively offering loans for green projects and expanding green credit through mobilising capital from international credit institutions.
Lending rate lag still causing bank unease

Lending rate lag still causing bank unease

Banks remain in a phase of inventory, facing challenges in the active monetisation of funds and resulting in an accumulation of excess liquidity.
Three institutional investors secure 40 per cent stake in PG Bank

Three institutional investors secure 40 per cent stake in PG Bank

A trio of institutional investors have acquired a combined 40 per cent stake in PG Bank, marking a notable change in its shareholding structure.
“Substandard” banks failing with cross-ownership norms

“Substandard” banks failing with cross-ownership norms

Amidst rising concerns over cross-ownership practices in Vietnam’s rapidly evolving banking sector, experts are calling for effective mechanisms to ensure the independence and competency of board members, stringent sanctions, and better regulations on ownership ratios to bolster corporate governance.
Local banks seek foreign funding

Local banks seek foreign funding

Large sums of foreign currency flowed into the accounts of local commercial banks in the first half of this year, with many more deals in the pipeline.
Preparedness crucial in safeguarding banking sector

Preparedness crucial in safeguarding banking sector

Banks are inherently fragile, it is therefore unavoidable that banks face turmoil periodically. Patrick Lenain, CEP senior associate, analyses how to limit the global banking stress impacts in Vietnam’s banking system.
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