KB Financial's 'glocalisation' strategy to focus on Southeast Asia

KB Financial's 'glocalisation' strategy to focus on Southeast Asia

The chairman and CEO of KB Financial Group has reinforced the group’s commitment to its 'glocalisation' strategy to increase its presence in Southeast Asia.
Slight rate moves projected for year 

Slight rate moves projected for year 

Since the outbreak of the pandemic, the State Bank of Vietnam (SBV) has slashed rates three times, in March, May, and October to aid the economy. The refinancing and rediscounting rate are now at a new record low of 4.0 per cent and 2.5 per cent, respectively, while interbank rates and bond yields have experienced a downward trend since June.
Local lenders prepare for pandemic shock

Local lenders prepare for pandemic shock

Public health challenges have thrown Vietnam’s banking system into gyrations, pushing lenders to become more risk averse and brace for a wave of defaults, amidst efforts to cut interest rates from the central bank to offset the economy.
KB Challenge contest crowns champion

KB Challenge contest crowns champion

After six months of competition, South Korea-backed KB Securities Vietnam JSC held the KB-Challenge awards ceremony last Friday.
Banks act carefully amid uncertainties

Banks act carefully amid uncertainties

As the global health crisis continues to inflict hardship on every sector, both international and domestic banks are becoming more risk averse in order to keep their businesses afloat, while trying to get rid of bad loans.
KB Securities Vietnam supports investors with attractive promotions

KB Securities Vietnam supports investors with attractive promotions

To share difficulties in the stock market, KB Securities Vietnam launched KB-Joy and KB-Thanks with preferential discount and high-value transaction refunds.