Vietnam
SHB and Habubank approved for merger
The State Bank of Vietnam has approved in principal the merger between Habubank and SHB.
SHB and Habubank approved for merger
The State Bank of Vietnam has approved in principal the merger between Habubank and SHB.
HSBC Viet Nam pre-tax profit up 40%
HSBC Viet Nam’s pre-tax profits grew 40 per cent last year to VND1.97 trillion or US$94 million.
Vietnam bank merger deals expected to mushroom
State Bank of Vietnam's efforts to speed up the bank restructuring process is expected to lure five to eight banks in mergers this year.
Viet Capital Bank targets 17% credit growth
Viet Capital Bank is targetting a credit growth target of up to 17 percent, according to its business plan for 2012.
Vietnam's Sacombank opens 4th branch in Cambodia
Vietnam's Sacombank inaugurated a branch in Kampong Cham City, taking to four the number of its branches in Cambodia.
Vietnamese banks compete by opening more branches
Banks in Vietnam are opening new branches to strengthen their market presence.
Vietcombank targets $238.6M after tax profit in 2012
Vietcombank is targeting an after tax profit at 4.929 trillion dong or US$238.6 million, a year on year increase of 17%.
Vietinbank prepares to issue overseas bonds
Vietinbank is preparing to issue overseas bonds by conducting a series of road shows in major foreign markets.
DongA Bank wants name retained in case of merger
DongA Bank will consider merging with another lender if shareholders approve it on late March.
State Bank denies rumors of SHB's takeover of Habubank
Tthe State Bank of Vietnam stated that it has not received any report on the SHB’s proposal to buy Habubank.
HSBC opens in Vung Tau
HSBC Vietnam is opening a representative office in Vung Tau City.
VietinBank to set up credit risk management system
VietinBank will set up a system to manage credit risks at the bank in accordance with Basel II standards.
Vietnam banks still cautious on lending
Fears of credit availability still linger as banks remain cautious towards new lending.
Survival of the fittest for Vietnam’s weakest banks
Vietnam’s small and weak banks face a grave situation that will soon become worse.
Vietnam's WesternBank posts US$7.6 M pre-tax profit
WesternBank pre-tax profit increased by 148 percent year-on-year to VND161 billion or US$7.6 million.
Techcombank's 2011 profit up 53% to $200M
Techcombank posted a US$200 million in 2011, an increase of over 53 per cent over 2010.
BIDV to sell 15% stake to chosen strategic partners
BIDV together with its consultant Morgan Stanley will actively negotiate to sell shares to foreign strategic partners with about 15 percent stake.
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