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.
BAC A BANK removes fees for its debit card and e-banking services
April 06, 2022 | 18:30
BAC A BANK has just announced not to charge fees for its debit card, internet banking, and mobile banking services.
State-owned banks set to increase charter capital
March 25, 2022 | 13:28
The State Bank of Vietnam has announced Decision No.422/QD-NHNN dated March 18 outlining its action plan for the next two years.
SMBC terminates strategic alliance with Eximbank
March 21, 2022 | 15:58
The Japanese financial giant Sumitomo Mitsui Banking Corporation (SMBC) announced its exit from Vietnam's privately-held lender Eximbank on March 18.
MB likely to acquire OceanBank in a no-cost deal
March 16, 2022 | 16:15
MB on March 15 held a conference to present details on the bank's current status, as well as its strategic approach for the future.
SBV to establish new State Foreign Exchange Reserve Management Department
March 14, 2022 | 17:07
The SBV intends to establish the State Foreign Exchange Reserve Management Department due to the rise in foreign currency reserves.
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