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Category: FinanceSubscribe via RSS Feed

HDBank wins Asiamoney award

03-Oct-2017 Intellasia | VNS | 6:00 AM

The Housing Development Bank (HDBank) received Asiamoney’s award for best bank in Vietnam as chosen by corporate clients at a ceremony in Beijing this week. The [...]
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Sacombank additionally sells 2.580 trillion dong bad debts to VAMC

03-Oct-2017 Intellasia | Vneconomy | 6:00 AM

In the morning of September 28th, Saigon Thuong Tin Commercial Joint Stock Bank and Vietnam Asset Management Company (VAMC) signed a cooperation agreement on dealing with bad [...]
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Sacombank thrives in the reign of new chair

03-Oct-2017 Intellasia | The Saigon Times | 6:00 AM

Sacombank’s business results for the first nine months of 2017 point to positive changes in the bank’s operations despite the post-merger restructuring. Almost [...]
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Sacombank Laos opens branch in Savannakhet province

03-Oct-2017 Intellasia | VNA | 6:00 AM

The Saigon Thuong Tin Commercial Joint Stock Bank in Laos (Sacombank Laos) inaugurated a branch in the Lao central province of Savannakhet on September 29. Director general [...]
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Lotte eyes Vietnamese credit card firm

03-Oct-2017 Intellasia | VN Economic Times | 6:00 AM

Lotte Card Co. thought to be close to signing deal to acquire TechcomFinance. South Korean conglomerate the Lotte Group is seeking to expand its presence in Vietnam with the [...]
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FE CREDIT a double winner at CEPI Asia Awards

03-Oct-2017 Intellasia | VN Economic Times | 6:00 AM

Lender the only Vietnamese company to win at recent Cards and Electronic Payments International Asia Awards 2017. The VPBank Finance Company (FE CREDIT) won two awards at the [...]
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Ethnic women to access formal banking services

03-Oct-2017 Intellasia | VNS | 6:00 AM

LienVietPostBank signed a memorandum of understanding (MoU) with CARE International in Vietnam to launch a pilot programme aimed at helping ethnic minority women access [...]
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OceanBank trials end in death sentence

03-Oct-2017 Intellasia | VIR | 6:00 AM

OceanBank’s former executives have been given the stiffest punishments in Vietnamese law. This morning, the jury of the Hanoi’s People’s Court pronounced [...]
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HCM City credit growth reaches 13.5pct in 9 months

03-Oct-2017 Intellasia | VNA | 6:00 AM

Outstanding loans of commercial banks in HCM City in the first nine months of 2017 rose 13.5 percent against December last year to more than 1.67 quadrillion VND (73.57 [...]
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Banks face charter capital difficulties

03-Oct-2017 Intellasia | VNS | 6:00 AM

State-owned banks are finding it more difficult to increase charter capital, especially when they still have to pay dividends instead of keeping the money for this purpose. [...]
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Banks forecasted to have spectacular recovery in 2017

03-Oct-2017 Intellasia | DTCK | 6:00 AM

Commenting on the operational picture of the banking sector, Hoang Minh Hoan, SCB’s finance director, shared that from June till now, the capital mobilisation between [...]
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Banking risks and the rule on ‘no pocket’ workwear

03-Oct-2017 Intellasia | Vneconomy | 6:00 AM

More than 10 years ago, the sideline of banking activities were in a tumult about the rule requesting staff to wear clothes without pockets when conducting treasury [...]
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Startup businesses still thirsty for capital

03-Oct-2017 Intellasia | VOV | 6:00 AM

Access to sufficient capital resources is crucial to the successful operations of businesses in addition to good ideas, proper business models and strategies, and qualified [...]
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Consumer finance market underdeveloped

03-Oct-2017 Intellasia | The Saigon Times | 6:00 AM

The local consumer credit market remains underdeveloped despite high consumer demand while the black market still attracts a large number of people in need. At a seminar on [...]
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Vietnam Holding Limited adds VPB shares to its portfolio

03-Oct-2017 Intellasia | Tri Thuc Tre | 6:00 AM

Vietnam Securities Depository Centre (VSD) has just announced about VPBank share ownership transfer. Accordingly, Vietnam Holding Limited accepted the ownership transfer of [...]
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