Banks eye rosier prospects in Q1
April 04, 2024 | 15:14
The banking sector has had a promising first quarter, with strong forecasts set for the rest of the year.
Bank shareholders to receive lucrative dividend
April 03, 2024 | 15:15
Several banks are set to offer attractive dividends to shareholders during this year's AGM season.
IFC considers $150 million investment in OCB
March 01, 2024 | 09:38
International Finance Corporation is considering investment of up to $150 million in Vietnam-based OCB.
Banks saw mixed 2023
January 05, 2024 | 16:48
Banks post mixed profit picture for 2023 amid economic vulnerabilities and modest credit growth.
OCB secures $55 million loan from DEG, bolstering support for SMEs
September 08, 2023 | 12:08
OCB obtains $55 million loan from DEG to support SMEs.
Banking legacies and family ties shaping commercial banks in Vietnam
June 12, 2023 | 18:16
Explore the intriguing dynamics of Vietnam's private banks, where family members of top executives wield significant influence and play key roles.
Banks pin hopes on non-interest income sources
June 07, 2023 | 16:21
Banks expect to rely more on non-interest income sources in the face of the credit expansion slowdown and challenging business environment.
OCB secures $100 million loan from IFC to empower SMEs
May 23, 2023 | 17:06
Vietnam’s Orient Commercial Joint Stock Bank (OCB) has just secured a substantial loan of $100 million from the prestigious International Finance Corporation (IFC).
Bad bank debts cast shadow over profit outlook
May 06, 2023 | 12:10
Several banks have posted low profit growth for Q1, with some even seeing negative growth, mostly due to a spike in bad debts.
Banking sector to maintain the lifeblood of the economy
February 22, 2022 | 13:16
Top bank leaders have discussed their development trajectories for the new year to successfully meet all economic goals set for 2021-2025.
Shrewd activities resulting in banking bonuses for 2021
July 30, 2021 | 13:46
Despite the unexpected turbulence from public health challenges, privately-held commercial banks in Vietnam are enjoying stellar profit bonanzas thanks to their full suite of minted financial services, alongside cost-effective drives and debt rescheduling roadmaps.
IFC provides $100 million loan to OCB to support SMEs and climate-friendly projects
July 09, 2021 | 23:58
IFC will provide a $100 million long-term loan to Vietnamese lender OCB to expand lending to SMEs and boost financing, especially for climate-friendly projects.
Japanese lender Aozora Bank supports Vietnam's COVID-19 vaccine fund
July 02, 2021 | 14:00
Aozora Bank yesterday donated ¥5 million ($44,930) to the Vietnamese Embassy in Japan to support the Vietnamese government's COVID-19 vaccine fund.
OCB to increase charter capital and potentially lift FOL
June 14, 2021 | 12:01
The SBV has approved OCB to increase its charter capital to nearly $119.13 million by issuing nearly 274 million shares, with a dividend rate of 25 per cent.
Lenders on course to reach 2021 targets
May 13, 2021 | 08:00
Favourable legislation from the Vietnamese government, stronger demand for credit, and more affordable cost of capital after policy rate cuts have provided a shot in the arm for banks’ profit.
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