Norfund grants $30 million convertible loan to SeABank

Norfund grants $30 million convertible loan to SeABank

The Norwegian Investment Fund for Developing Countries (Norfund) on June 19 committed $30 million to Hanoi-headquartered SeABank (HSX: SSB) through a convertible loan, which can be converted into SeABank common shares within four years.
Military Bank bolsters app security with facial recognition for safer transactions

Military Bank bolsters app security with facial recognition for safer transactions

Fraud and asset misappropriation are becoming increasingly sophisticated, so Military Bank has upgraded its transaction security with facial recognition.
VPBank highlights SMBC deal at AGM

VPBank highlights SMBC deal at AGM

VPBank's CEO Nguyen Duc Vinh highlighted last year's resilient performance at the bank's recent AGM, aided by a significant $1.5 billion boost from SMBC.
Techcombank targets strategic investor and announces dividend

Techcombank targets strategic investor and announces dividend

Shareholder interest was high at Techcombank’s AGM due to the bank's generous approach to dividends after several years of restrained pay-outs.
MB aiming for 30 million customers by end of year

MB aiming for 30 million customers by end of year

MB aiming for 6-8 per cent profit growth and 30 million customers by the end of 2024.
Fitch Ratings endorses MB with upgrade

Fitch Ratings endorses MB with upgrade

Fitch Ratings has upgraded MB's Long-term IDR from 'BB-' to 'BB', adding to the positive global perception of Vietnam's banking sector.
MB crowned among Vietnam's best places to work in 2023

MB crowned among Vietnam's best places to work in 2023

MB bank has earned prestigious recognition as one of Vietnam's Top 3 Best Places to Work in the banking sector.
MB eyes 30 million customers by 2024 following strong Q3 earnings

MB eyes 30 million customers by 2024 following strong Q3 earnings

MB's 9-month profits rise to VND 20 trillion amid 14 per cent credit growth and surge in customer base.
Three institutional investors secure 40 per cent stake in PG Bank

Three institutional investors secure 40 per cent stake in PG Bank

A trio of institutional investors have acquired a combined 40 per cent stake in PG Bank, marking a notable change in its shareholding structure.