Category: Finance
Maritime Commercial Joint Stock Bank to list shares on HoSE
The Vietnam Maritime Commercial Joint Stock Bank (MSB) is planning to list its shares on the Ho Chi Minh Stock Exchange (HoSE) in the third quarter of 2019. The plan was [...]
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HDBank targets profits up 27pct in 2019
The HCM City Development Joint Stock Commercial Bank (HDBank) plans to collect 5.07 trillion VND (217 million USD) in pre-tax profits this year, an increase of 27 percent [...]
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Banks target higher business goals, raising charter capital in 2019
Several banks approved their 2019 business targets and plans for raising capital in annual shareholders’ meetings on Tuesday. Vietibank (CTG), Vietnam’s biggest [...]
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NCB leader: Strategic shareholder is not necessarily foreign investor
In recent years, many Vietnamese banks have chosen large foreign financial institutions as strategic shareholders. National Citizen Bank (NCB) is also taking steps to find a [...]
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VietinBank Chair: ‘ If following Circular 41, CAR is less than 8pct and capital raising is very urgent ‘
Plans to increase capital and to deal with the 68-floor VietinBank Tower project in Ciputra urban area were two key issues particularly interested by shareholders at the [...]
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TPBank wants to jump into consumer finance
According to documents of the 2019 Annual general Meeting (AGM) on April 23rd of Tien Phong Commercial Joint Stock Bank (TPBank), the bank proposed shareholders to approve [...]
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FE Credit reaps ‘sweet fruit’ thanks to focusing on existing customers
In the first quarter of 2019, FE CREDIT continued to keep a strong increase in 2018 and recorded a total of 20 percent loan and disbursement contracts compared to the same [...]
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Eximbank’s shareholders call for chairperson’s dismissal again
A group of major shareholders of Vietnam Export Import Bank (Eximbank) has sent a letter to the office of the board of directors requesting a meeting to consider the [...]
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VNR launches online payment service through VIMO e-wallet
Vietnam Railway (VNR) and NextTech Group signed an agreement in Hanoi on April 23 to offer online booking and payment services for railway tickets through e-wallet VIMO. [...]
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Why do banks’ Q1 profits increase sharply?
Some banks have published the business results in the first quarter (Q1) of 2019 with very positive profit figures. However, what experts are concerned about is the [...]
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Bank agent: A new attractive distribution channel
In general, the model of bank agent is that banks cooperate with non-bank retail agents to provide financial services where banks do not have branches. Comprehensive [...]
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SHB plans to raise charter capital to over 17.57 trillion VND
The Saigon-Hanoi Commercial Joint Stock Bank (SHB) has a plan to increase its charter capital by over 5.53 trillion VND (237.48 million USD) to more than 17.57 trillion VND [...]
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Banks’ listing plans standstill
Year 2018 was expected to be a year for listing shares of commercial joint stock banks. However, only three banks were successful, including Vietnam Technological and [...]
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SeABank listed among Vietnam’s 500 fastest growing firms
The Southeast Asia Commercial Joint Stock Bank (SeABank) has been named in the FAST500 a list of 500 companies with the fastest growth rate in Vietnam. Recently released by [...]
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HDBank among 5 fastest growing lenders this year
HDBank is among the five fastest growing banks this year and 50 fastest growing enterprises in Vietnam, according to the Vietnam Report (VNR). VNR, in collaboration with [...]
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