VietinBank and Manulife Vietnam activate exclusive cooperation agreement
January 27, 2022 | 10:00
VietinBank and Manulife Vietnam have officially launched their joint operations under an exclusive cooperation agreement lasting 16 years.
Banks posted healthy profits during last year
January 13, 2022 | 13:25
Many banks, particularly private commercial lenders, have unveiled 2021 profit figures with an unprecedented growth despite the pandemic.
Handshake between EI Industrial and VietinBank promotes comprehensive cooperation
January 05, 2022 | 17:18
EI Industrial JSC and VietinBank signed a comprehensive strategic partnership to promote bilateral development at the Head Office of EI Industrial Company in Ho Chi Minh City on January 5.
Banks raise provisions in anticipation of bad debt
November 10, 2021 | 21:41
In the face of rising bad debt amid the ongoing COVID-19 pandemic, commercial banks have been forced to write up their loan loss provisions, according to industry sources.
Tran Minh Binh becomes new chairman of VetinBank
September 08, 2021 | 09:26
CEO Tran Minh Binh has been appointed as chairman of the bank's Board of Directors.
Banks struggle to snap up distressed domestic lenders
September 02, 2021 | 21:30
Financially sound local and foreign banks are turning a deaf ear to acquire distressed and insolvent Vietnamese banks as they find it hard to access better equipment to address a range of adverse outcomes under a widely accepted supervisory regime.
Adjusting ownership rate for foreign investors in banking sector is a long-term strategy: experts
August 28, 2021 | 21:44
As the market is witnessing adjustments in the rate of ownership for foreign investors in banks, analysts say that it depends on the strategy and business plan of each bank from time to time.
VietinBank to divest from VietinBank Securities and VietinBank Leasing
August 23, 2021 | 10:42
VietinBank is allegedly looking for a strategic partner to sell part of its ownership in VietinBank Securities (HSX: CTS) and VietinBank Leasing.
State-owned lenders maintain positive run
August 11, 2021 | 16:56
Four state-owned commercial banks in Vietnam have revealed their upbeat business performance and are fully committed to deploying all resources possible to ease the current economic stress, thereby reflecting their influence on the country’s financial landscape.
Rosy half-year profits across the board at Vietnamese banks
July 26, 2021 | 14:48
In the first half of this year, most banks have fulfilled more than half of their full-year profit targets despite COVID-19 complexities.
VAMC bad debts platform facilitates market options 3
July 07, 2021 | 15:13
The upcoming bad debt exchange platform from Vietnam Asset Management Company is being viewed as a promising legal intermediary which can effectively deal with sour loans, as well as help lenders simplify procedures for collateral disputes while enhancing transparency.
Profuse real estate lending on alert
June 23, 2021 | 13:45
Loans related to real estate-backed collateral and build-operate-transfer projects are classified as among the riskiest and largest portion of banks’ portfolios, which might require restrictive approaches on quantitative quotas.
Unsecured debts require regulation
June 10, 2021 | 09:00
Unsecured loan sales may see growth accelerated in response to a Vietnamese government ban on debt collection services – however, experts believed a clearer legal framework and firmer rules would help spur a more substantial unsecured debts market.
VietinBank approved to raise charter capital by nearly $304 million
May 27, 2021 | 09:53
The prime minister has just approved supplementing state capital at Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank – HSX: CTG).
Bank and real estate giants team up
April 26, 2021 | 09:51
Indochina Kajima Development Ltd., a joint venture from Indochina Capital and Kajima Corporation, last week signed a strategic partnership with VietinBank with the aim to provide the market with innovative real estate that addresses both current and future demands.
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