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.
VPBank provides effective support for FIEs

VPBank provides effective support for FIEs

The innovative Hanoi-based commercial lender VPBank has reiterated its focus on promoting the foreign direct investment (FDI) landscape in Vietnam.
Bad bank debts cast shadow over profit outlook

Bad bank debts cast shadow over profit outlook

Several banks have posted low profit growth for Q1, with some even seeing negative growth, mostly due to a spike in bad debts.
VPBank signs with AWS to improve customer experience

VPBank signs with AWS to improve customer experience

VPBank on April 4 announced the signing of agreements with Amazon Web Services (AWS), and selecting AWS as its preferred cloud provider to build digital banking experiences for its customers.
Japanese financial behemoths extend SE Asia reach

Japanese financial behemoths extend SE Asia reach

Three Japanese megabanks are doubling down on their emphasis on Vietnam’s finance and banking sector to experience rapid economic growth and leverage their investment portfolios across wider Southeast Asia.
VPBank announces SMBC as foreign strategic investor

VPBank announces SMBC as foreign strategic investor

VPBank has announced it has entered into an agreement with Japan’s SMBC to issue a 15 per cent equity stake through a private placement.
Bad debts continue to soar at commercial banks

Bad debts continue to soar at commercial banks

The rate of bad debt is rising at commercial banks and is expected to increase further amid woes in the real estate market.
Cake efforts make sweet gains

Cake efforts make sweet gains

Though newly established, leveraging significant investment in technology, Cake by VPBank has emerged as one of Vietnam's top digital banks in terms of customer growth and service quality.
Deposit rate hikes still lingering

Deposit rate hikes still lingering

Banks continue to increase their deposit rates to relieve liquidity constraints at year-end.
VPBank freshly inks syndicated loan worth $500 million

VPBank freshly inks syndicated loan worth $500 million

With the fresh international financing sources secured, VPBank once again affirms its reputation in the loan syndication market.
Retail segment brightens bank profit picture

Retail segment brightens bank profit picture

Many banks have unveiled their third-quarter business results, showing a spike in their profits, leveraging well-conceived retail lending development strategy.
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