OCB

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.

OCB officially goes public on HSX

January 31, 2021 | 17:29

Saigon-based commercial bank OCB officially went public on the HSX on January 28, also being the first bank stock to be listed this year.

IFC loans to VPBank and OCB to boost finance for local businesses

August 05, 2020 | 10:33

The IFC is providing $140 million in loans to VPBank and OCB to local businesses with disrupted cash flows sustain operations and maintain employment.

Japan's Aozora Bank to buy into Vietnamese lender

January 08, 2020 | 20:22

Japan's Aozora Bank plans to take a 15 percent stake in Vietnam’s Orient Commercial Joint Stock Bank (OCB) in April 2020, marking its first overseas deal since 2001.