Vietnam
Aggressive loan growth leaves HDBank more vulnerable to risks
Its asset quality may be further strained by its planned acquisition of a ‘weak’ bank
Aggressive loan growth leaves HDBank more vulnerable to risks
Its asset quality may be further strained by its planned acquisition of a ‘weak’ bank
Vietnam’s BIDV, JCB International launch credit card
Customers can enjoy up to a 20% cashback on select transactions.
Deutsche Bank allocates $200m in Vietnam branch
The Vietnam business doubled its revenue in the past two years, the bank said.
Vietnam’s HDBank targets $562.67m profit for 2023
Shareholders approved a dividend distribution of 10% in cash and 15% in shares.
Techcombank launches AI-powered money management services
It will provide insights on payment behaviors and analyze transactions.
Vietnam’s Techcombank sees net profits slide 17.1% in Q1
Net interest income fell, but net fee income rose.
VPBank’s stake sale to SMBC to uplift its capital, balance growth plan
But “aggressive” growth plan, real estate sector woes will weigh on asset quality.
Vietnam conducts training on central bank digital currency
The course aims to upskill SBV and relevant agencies in Vietnam.
Citi completes sale of Vietnam retail banking, credit card units to UOB
This includes the turnover of approximately 575 related staff.
Techcombank reports profit before tax of $1.09b in 2022
Net interest income grew 13.5% during the year.
HDBank to issue $500m in convertible bonds to international investors
Proceeds will be used for the bank’s medium and long term capital.
Techcombank teams up with Adobe to deliver personalized banking solutions
The bank will use Adobe’s cloud platform to analyze customers’ browsing behavior.
Tien Phong Securities wins big in ABF Corporate and Investment Banking Awards
It was given the prestigious Corporate Client Initiative of the Year award.
Vietnam’s card payments market to hit $37.6b in 2022
The government’s cashless payments push is helping the market.
Sacombank crowned top Bank of the Year award in Wholesale Banking Awards
It was hailed as Vietnam Domestic Technology & Operations Bank of the Year by Asian Banking and Finance.
Techcombank Aspire aims to empower customers, making banking seamless and easy
The bank won two trophies at the ABF Retail Banking Awards.
HDBank’s plan to buy unnamed “weak bank” to weaken loss buffers: Moody’s
Little is known about the target bank and what incentives Vietnamese authorities offer.
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Standard Chartered Hong Kong wins big at ABF Retail Banking Awards 2024
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1. GXS Bank launches term deposit product Boost Pocket 2. China’s big four banks face $100b shortfall in loss-absorbing capital 3. Labour force upskilling needed as SG nears 'super-aged' status 4. Cambodian banks breach covenants as bad loans surge 5. Tottenham Hotspur taps Ant International as global payment solutions, digital wallet partnerEvents
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