Dampening bank profit picture in coming months

Dampening bank profit picture in coming months

Interest rates trending higher and vulnerabilities in the corporate bond and real estate markets are expected to dampen banks' profits in the coming time.
Banks seek further capital injections to boost strength

Banks seek further capital injections to boost strength

Many banks have been on a charter capital hike and are intensively preparing capital injections to boost their strength.
Will AEON Group acquire MSB's consumer finance company FCCOM?

Will AEON Group acquire MSB's consumer finance company FCCOM?

The Board of Directors of MSB announced the planned sale of FCCOM, and AEON Group is allegedly the most viable acquirer for MSB’s consumer finance firm.
MSB to increase its charter capital to nearly $664 million

MSB to increase its charter capital to nearly $664 million

The SBV has approved MSB to increase its charter capital to VND15.275 trillion ($664.13 million) through stock issuance to pay dividends.
MSB targets to sell 100 per cent stake in consumer finance firm FCCOM

MSB targets to sell 100 per cent stake in consumer finance firm FCCOM

Maritime Commercial Joint Stock Bank (MSB) is looking to sell 100 per cent of its stake in its consumer finance subsidiary FCCOM.
Hyundai Card fails to purchase 50 per cent stake in MSB's consumer finance firm FCCOM

Hyundai Card fails to purchase 50 per cent stake in MSB's consumer finance firm FCCOM

Despite lengthy negotiations, South Korean credit card company Hyundai Card has failed to buy a 50 per cent stake in MSB's consumer finance company FCCOM.
MSB and PGBank officially went public on HSX and UPCoM

MSB and PGBank officially went public on HSX and UPCoM

MSB and PGBank went public in quick succession, signalling the vast potential of banking stocks.
Banks bet on consumer credit growth

Banks bet on consumer credit growth

Credit institutions are being encouraged to implement consumer credit packages and preferential rates as an effective way to stimulate spending sprees and help the domestic economy tide over the storm.
Vietnamese bank MSB postpones IPO due to COVID-19

Vietnamese bank MSB postpones IPO due to COVID-19

MSB has decided to revoke its application for initial public offering (IPO) due to the adverse impact of the COVID-19 pandemic.