Saigonbank divests Viet Capital Bank

Saigonbank divests Viet Capital Bank

The Board of Directors of Saigonbank (UPCoM: SGB) approved plans to divest its interest in Viet Capital Bank (UPCom: BVB).
Credit cards for corporates facilitating cashless adoption

Credit cards for corporates facilitating cashless adoption

Besides the retail customer segment, banks are offering a range of credit cards designed to fit the evolving comprehensive needs of small- and medium-sized enterprises and corporates to heighten efficiency and manage business expenses.
Local lenders increase fund reserves

Local lenders increase fund reserves

Vietnamese banks are making a beeline to increase capital, accelerate financial capacity, and tap into overseas funds.
Local lenders prepare for pandemic shock

Local lenders prepare for pandemic shock

Public health challenges have thrown Vietnam’s banking system into gyrations, pushing lenders to become more risk averse and brace for a wave of defaults, amidst efforts to cut interest rates from the central bank to offset the economy.
Timo Plus Digital Bank is officially launched in a strategic parnership with Viet Capital Bank

Timo Plus Digital Bank is officially launched in a strategic parnership with Viet Capital Bank 1

Timo held the launching ceremony for its official partnership with Viet Capital Bank, announcing its new name, Timo Plus.
Global events hinder bank IPO plans

Global events hinder bank IPO plans

Concerns over the lacklustre market have played a part in weakening investors’ appetite and could pose risks for Vietnamese banks going public this year.
Viet Capital Bank and KPMG develop new profitability analysis model

Viet Capital Bank and KPMG develop new profitability analysis model

Privately-held Viet Capital Bank and its consulting partner KPMG have successfully built a Multidimensional Profitability Analysis model.
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.
Viet Capital Bank officer receives life sentence for appropriation

Viet Capital Bank officer receives life sentence for appropriation

Tran Thi Thu Trang, head of the accountancy and treasury division of Viet Capital Bank, counterfeit signatures to withdraw over VND82 billion ($3.6 million) from customer accounts.