VPBank plans compulsory acquisition of struggling credit institution

VPBank plans compulsory acquisition of struggling credit institution

VPBank intends to undertake a compulsory acquisition of a struggling lender.
Bank credit registers slight fall in first two months

Bank credit registers slight fall in first two months

Credit growth fell slightly at the start of the year.
VPBank CEO addresses challenges and strategies for Vietnam's real estate sector

VPBank CEO addresses challenges and strategies for Vietnam's real estate sector

At a conference on real estate and social housing development on November 13, VPBank CEO Nguyen Duc Vinh outlined the obstacles facing the real estate market.
Banks keen to maintain upward route

Banks keen to maintain upward route

Banks are hoping for positive developments to fill up the rest of the year after some performance dips so far in 2023.
Japanese lender SMBC acquires 15 per cent stake in VPBank

Japanese lender SMBC acquires 15 per cent stake in VPBank

Sumitomo Mitsui Banking Corporation has successfully concluded buying 15 per cent of VPBank's equity investment.
Bigger banks hoover up weaker rivals

Bigger banks hoover up weaker rivals

Prominent Vietnamese banks are making calculated moves to acquire struggling counterparts, signalling a broader restructure of Vietnam’s banking system.
VPBank announces plans to take over weak bank

VPBank announces plans to take over weak bank

VPBank has signalled its readiness to acquire a struggling bank amidst sector restructuring.
DFC pledges $300-million bilateral loan to VPBank for sustainable finance

DFC pledges $300-million bilateral loan to VPBank for sustainable finance

VPBank and the US International Development Finance Corporation inked a commitment letter on a loan worth $300 million.
VPBank brand value reaches nearly $1.3 billion

VPBank brand value reaches nearly $1.3 billion

VPBank is valued at nearly $1.3 billion, ranking 173rd in the world’s 500 most valuable banking brands.
Factors affecting bank profit outlook this year

Factors affecting bank profit outlook this year

Although the profit picture of most banks was upbeat in the first half of this year, the factors that impact bank performance are forecast to change.
VPBank CEO outlines policy responses and growth prospects amidst economic challenges

VPBank CEO outlines policy responses and growth prospects amidst economic challenges

On July 16, CEO of VPBank Nguyen Duc Vinh underscored the decisive role of the government and various sectors in stimulating the national economy.
VPBank launches Enterprise Data and Analytics Division

VPBank launches Enterprise Data and Analytics Division

VPBank held a ceremony at its headquarters on June 5 to launch its new Enterprise Data and Analytics Division.
Banks pin hopes on non-interest income sources

Banks pin hopes on non-interest income sources

Banks expect to rely more on non-interest income sources in the face of the credit expansion slowdown and challenging business environment.
VPBank meeting the needs of foreign customers

VPBank meeting the needs of foreign customers

VPBank, together with strategic partner SMBC of Japan, aims to provide foreign customers with more comprehensive corporate financial services while taking care of their staff’s financial demands, thus contributing to their efforts to retain talented people and create high growth value in the long term.
VPBank has received a 10 per cent deposit from SMBC

VPBank has received a 10 per cent deposit from SMBC

VPBank has received a 10 per cent deposit from Japan's SMBC as part of their private placement agreement.
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