SHB Finance announced new chairman and posted stable performance in 2020

SHB Finance announced new chairman and posted stable performance in 2020

Hanoi-based commercial lender Saigon-Hanoi Commercial Joint Stock Bank (SHB) last week announced a senior personnel nomination at its member company, Saigon-Hanoi Commercial Bank Finance Co., Ltd. (SHB Finance).    
SHB Finance secured Moody’s Stable outlook rating, persistent with international practice approach

SHB Finance secured Moody’s Stable outlook rating, persistent with international practice approach

International ratings agency Moody’s has professed confidence in SHB Finance – the wholly-owned subsidiary of privately-held lender SHB – by reaffirming its long-term ratings, following a healthy performance by the company in the past months in the context of the prolonged pandemic.
A string of banks land the HSX

A string of banks land the HSX

Following recovery plans after the pandemic came under control in Vietnam, many banks have recently announced plans to move their lists to the Ho Chi Minh City Stock Exchange (HSX).
SHB to get strategic partners on board at consumer finance arm

SHB to get strategic partners on board at consumer finance arm

SHB plans to sell part of SHB Finance to foreign strategic partners and will put this proposal up for discussion at its annual shareholders' meeting.
Banks ramp up support for customers in COVID-19 time

Banks ramp up support for customers in COVID-19 time

Amidst the COVID-19 epidemic, banks have slashed lending rates by up to 2 per cent to help customers mitigate the implications on their lives and business.    
More than 23 million SHB stocks exchange hands

More than 23 million SHB stocks exchange hands

Foreign investors sold 23.59 million SHB stocks worth millions of US dollars in the session of March 5.
Lenders at odds with supporting strategies

Lenders at odds with supporting strategies

While Vietnamese lenders have stepped up their support for the virus-hit economy by reducing lending rates or offering relief measures, foreign banks are adopting a wait-and-see approach.
SMEDF loan assistance to raise SMEs on par with global competitors

SMEDF loan assistance to raise SMEs on par with global competitors

The assistance of the SMEDF will help SMEs to improve technology and strengthen linkages with global value chains.
Partnership with SHB expected to aid for Amazon in Vietnam

Partnership with SHB expected to aid for Amazon in Vietnam

The recent co-operation between SHB and Amazon is expected to live up to the US giant's plans of accelerating cross-border e-commerce in Vietnam.
Vietnamese banks target more overseas markets

Vietnamese banks target more overseas markets

Vietnamese banks are stepping up plans to expand their markets globally instead of focusing only on the Indochina region.
SHB warns of fake websites

SHB warns of fake websites

Following the troubles of VietinBank, Vietcombank, and BIDV, most recently, SHB warned about fake websites imitating its official site to swindle customers.
SHB Finance inaugurates new headquarters and new unsecured loan

SHB Finance inaugurates new headquarters and new unsecured loan

SHB Finance has just inaugurated its new headquarters and launched its new unsecured cash loan to match growing consumer demand.
Commercial banks to support WB projects

Commercial banks to support WB projects

Sai Gon-Ha Noi Bank (SHB) and Vietnam Technological and Commercial Joint Stock Bank (Techcombank) have been assigned to support projects signed between Vietnam and the World Bank.
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