Vietnam Report announces Top 10 prestigious banks

Vietnam Report announces Top 10 prestigious banks

The Vietnam Report JSC has recently published the list of the top 10 prestigious banks in Vietnam in 2022.
Banks posted healthy profits during last year

Banks posted healthy profits during last year

Many banks, particularly private commercial lenders, have unveiled 2021 profit figures with an unprecedented growth despite the pandemic.
Private banks scoop up profit while cutting loan yields

Private banks scoop up profit while cutting loan yields

Despite gloomy economic conditions and profound uncertainty from the quarter just ended, six privately-held commercial banks have revealed huge jumps in profit in their latest business reports.
Banks report healthy three-quarter profit picture

Banks report healthy three-quarter profit picture

Many banks have published business reports for the first three quarters, depicting a generally bright profit picture.
First Vietnamese bank allows transactions in RoK for local card holders

First Vietnamese bank allows transactions in RoK for local card holders

TPBank has become the Vietnamese first bank to allow all domestic cardholders to make payment and withdrawal transactions in the Republic of Korea (RoK) in addition to international debit cards or credit cards.
PYN Elite fund looks back on multiple months of consecutive loss during COVID-19

PYN Elite fund looks back on multiple months of consecutive loss during COVID-19

PYN Elite has reported its sixth consecutive month of loss, after the VN-Index hit a rough patch, losing $107 million in the last month alone0..
Banks striving for capital requirement compliance

Banks striving for capital requirement compliance

Pham Do Nhat Vinh, director of Financial Risk Consulting Services at KPMG Vietnam, gives exposure to TPBank’s compliance with ICAAP standards.
Sun Life Vietnam and TPBank announce exclusive bancassurance agreement in Vietnam

Sun Life Vietnam and TPBank announce exclusive bancassurance agreement in Vietnam

Sun Life Vietnam Insurance Company Limited (Sun Life Vietnam) and Tien Phong Commercial Bank (TPBank) today announced a 15-year exclusive bancassurance partnership in Vietnam.  
Chip cards may minimise bank card crime

Chip cards may minimise bank card crime

Replacing magnetic strip cards with chip cards is expected to resolve the long-going security issues affecting bank cards.
MobiFone completes full divestment of TPBank

MobiFone completes full divestment of TPBank

After two failures, MobiFone has successfully sold all of its shares in TPBank, collecting more than VND153 billion ($6.65 million).
After delays, local banks eye listing

After delays, local banks eye listing

Several local banks are reportedly determined to list on stock markets in 2019 after delaying last year.
Strong lenders continue to flourish

Strong lenders continue to flourish

Vietnamese banks have reported positive third-quarter results for 2018, continuing on the recovery path and making it easier for them to seek foreign capital in the future.
Banks post impressive profit growth in H1 2018

Banks post impressive profit growth in H1 2018

Many banks have reported impressive profit growth in the first half off 2018, compared to the same period last year, thanks to the high credit growth and the improvement from the retail banking segment.
Small banks struggle to reach profit targets

Small banks struggle to reach profit targets

While large- and medium-sized banks announce trillions of Vietnamese dong in profit, small banks are still far from their targets.
TPBank obtains $100 million IFC loan for digital financial services

TPBank obtains $100 million IFC loan for digital financial services

IFC arranged a $100 million syndicated loan for TPBank to promote digital financial services to MSMEs in Vietnam.
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