This investment deal brings the owner’s capital of VPBank to approximately VND 140 trillion, making it the second-highest in Vietnam’s banking system.
Category Archives: Finance
Why Vietnam Bank Credit Growth Expected to Slow Down in 2023
The slow economic activity and a sluggish property sector, which is usually the biggest borrower, are some of the reasons for the projected slowdown in credit growth
Why Credit Suisse Collapsed?
In 2022, the bank was hit by social media speculation that it was on the brink of collapse, leading customers to withdraw billions of dollars.
Vietnam’s Eximbank targets VND5 trillion in pre-tax profit in 2023
In 2022, the bank outperformed its targets, thanks to a sharp reduction in its bond portfolio and a focus on lending to businesses and consumers.
Are there new concerns for Vietnam stock market?
That many enterprises will be subject to inspection regarding their previous stages of flotation or divestment of State capital sparks concerns among investors. This could be another source of pressure on the stock market, which is already in a sensitive and very vulnerable state.
Vietnam Maritime Bank lures oversea investors as foreign ownership limit nears cap
Recently, MSB was granted the best credit limit among banks by the State Bank of Vietnam at 13.5%, mainly due to the much lower LDR ratio compared to other banks
VIB proposes 35% dividend payment and 30% profit growth in 2023
Currently, VIB has the leading retail proportion in the industry, with nearly 90% of its credit portfolio, and leads the market share in many areas such as lending for house, car, and credit card purchases
State Bank of Vietnam cuts interest rates
The refinancing interest rate will remain unchanged at 6% per year, though.
Why foreign investor actively purchase FPT Securities shares
The investor tries to acquire FTS shares four times, with a total volume of over 6.8 million shares.
The State Bank of Vietnam inspected 11 banks over corporate bond investments
The central bank has not disclosed the names of the banks that violated regulations.
HSBC acquired UK subsidiary of Silicon Valley Bank for 1 pound
Several potential buyers had also expressed interest in purchasing SVB UK
VIB mong muốn điều gì khi làm mới bộ thẻ tín dụng?
Theo chia sẻ của đại diện VIB, ngân hàng cam kết chất lượng cho nhu cầu thực tế của khách hàng với bộ nhận diện thẻ tín dụng mới
MSB and OPEC Fund team-up to support small, medium-sized enterprises in Vietnam
MSB’s strategy is to promote the development of the SME sector as the main growth driver in the near future.
Vietnam’s VP bank sells 15% stake to Japan’s second-largest banking group: Bloomberg
The deal is expected to be signed later this month
Is it time for Vietnam to tighten bancassurance?
Making the sale of insurance transparent and managing the quality of consulting during this process are the key to ensuring the long-term sustainable development of bancassurance—the distribution of insurance products via banks.