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Category: FinanceSubscribe via RSS Feed

VPBank to provide ‘green’ power loans

21-Dec-2019 Intellasia | VNS | 6:02 AM

The Vietnam Joint Stock Commercial VPBank and roof-top solar power solution supplier, SolarGATES company, have agreed a loan agreement to guarantee financial support for [...]
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VIB becomes the first bank to complete all 3 pillars of Basel II

21-Dec-2019 Intellasia | Tri Thuc Tre | 6:02 AM

In the morning of December 19th 2019, Vietnam International Commercial Joint Stock Bank (VIB) held a ceremony to announce the completion of three pillars of Basel II. Thus, [...]
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Moody’s turns outlook of Mong Duong Finance to negative

21-Dec-2019 Intellasia | HanoiTimes | 6:02 AM

The negative outlook on the rating mirrors the negative outlook on Vietnam’s sovereign rating, given the government’s commitment to MDP’s power project. [...]
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Banks continuously report profits in 2019

21-Dec-2019 Intellasia | Dau tu Chung khoan | 6:02 AM

Although the 2019 fiscal year has not yet ended, banks have fervently announcing profits for the whole year. Specifically, Vietnam International Commercial Joint Stock Bank [...]
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Many banks struggle with the thirst for medium and long-term capital

21-Dec-2019 Intellasia | Dien dan Doanh nghiep | 6:02 AM

Although liquidity had improved, many banks found it challenging to answer the current demand for mid and long-term capital. Liquidity improved The debt market report of the [...]
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Generali Vietnam launches first instore & online-distributed health insurance product

21-Dec-2019 Intellasia | VN Economic Times | 6:02 AM

“VITASong Nhu Y” the first online and in-store insurance product in Vietnam. The generali Vietnam Life Insurance LLC recently launched the “VITASong Nhu [...]
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Bankers wait for Tet bonuses

21-Dec-2019 Intellasia | Vietnam Finance | 6:02 AM

Positive business results were the basis for bank employees to hope for high salaries and bonuses during Tet 2020. High profits Only after the first 10 months of the year, [...]
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VIB accepts and prepares for ‘future risks’

21-Dec-2019 Intellasia | Vietnam Finance | 6:02 AM

If there was a vote for the most impressive growth in the past three years, Vietnam International Commercial Joint Stock Bank (VIB) would undoubtedly be the brightest name. [...]
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Reference exchange rate down on December 20

21-Dec-2019 Intellasia | VNA | 6:02 AM

The State Bank of Vietnam set the daily reference exchange rate at 23,160 VND/USD on December 20, down 3 VND from the previous day. With the current trading band of +/-3 [...]
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Long-term borrowing demand of banks accelerates

20-Dec-2019 Intellasia | Tai chinh Plus | 6:02 AM

The data, which has just been updated by the State Bank of Vietnam (SBV), showed that short-term interbank interest rates continued to fall this week. Specifically, on [...]
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Moody’s confirms Vietnam’s ratings at Ba3, but changes outlook to negative

20-Dec-2019 Intellasia | HanoiTimes | 6:02 AM

The negative outlook reflects some ongoing risk of payment delays on some of the government’s indirect debt obligations. Moody’s Investors Service late on [...]
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Only Vietbank goes listed successfully in 2019

20-Dec-2019 Intellasia | Tri Thuc Tre | 6:02 AM

In 2019, dozens of banks set targets to list on the stock exchange. However, until December 17, there were only two weeks left to 2020, but a series of banks were still [...]
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Reference exchange rate up 5 VND on December 19

20-Dec-2019 Intellasia | VNA | 6:02 AM

The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,163 VND/USD on December 19, up 5 VND from the previous day. With the current trading band of +/-3 [...]
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Vietcombank about to pay investors a cash dividend of 8pct

20-Dec-2019 Intellasia | Tri Thuc Tre | 6:02 AM

The Board of directors of Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has just approved the dividend payment plan for 2018 for its shareholders. [...]
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HDBank opens representative office in Burma, ties up with Viettel

20-Dec-2019 Intellasia | VNS | 6:02 AM

The HCM City Development Joint Stock Commercial Bank, HDBank, on Wednesday opened a representative office in Myanmar and signed a comprehensive cooperation agreement with [...]
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