Vietnam
Top Philippine banks expected to break profit targets
CLSA Asia-Pacific expects Banco de Oro, Metrobank, BPI and Security Bank to break their respective profit targets this year.
Top Philippine banks expected to break profit targets
CLSA Asia-Pacific expects Banco de Oro, Metrobank, BPI and Security Bank to break their respective profit targets this year.
Vietpay to join hands with Vietcombank
Vietcombank and Vietpay have entered a partnership to launch the new "VCB-eTopup" electronic top-up service.
Vietnam wants to have 15 large banks by 2015
Vietnam’s central bank plans to create a three-tiered financial industry dominated by 15 lenders.
BIDC opens branch in Kampong Cham, Cambodia
The Bank for Investment and Development of Cambodia Plc has opened a new branch in Kampong Cham province.
Vietinbank bond sale wins regulatory approval
VietinBank's planned $500 million international bond sale has been approved by Vietnam's central bank.
Vietnam's OCB 9-month net profit down 8%
Orient Commercial Bank's net profit fell 8% on-year to VND197.5 billion or $9.4 million in the first nine months of the year.
Vietinbank gets approval to increase charter capital to VND20.2 T
The Governor of the State Bank of Vietnam approved VietinBank’s application to raise its charter capital from current VND16.858 to VND20.23 trillion or US$1 billion.
Vietnam’s Maritime Bank to raise chartered capital via bonus shares
Maritime Bank-MSB has submitted an application to the State Securities Commission of Vietnam to be given the authority to to issue 100 million bonus shares at the 7-for-1-ratio.
ACB raises gold deposit interest rate to 2.5%
ACB raised its gold deposit interest rate to 2.5% per annum through their “gold day with ACB” program.
Vietnamese bank willing to buy shipbuilder's dollar loan
A domestic bank in Vietnam is willing to buy back the debt of Vietnam Shipbuilding Industry Group at 35 percent of its face value, or $210 million, compared with the original $600 million.
HDbank gets under 10% credit growth in 2012
The State bank of Vietnam assigned a credit growth cap of 10% for the HDBank in 2012 as the lender violated regulation on interest cap.
TienPhong Bank posts net profit of VND79B
TienPhongBank posted a net profit of VND79.07 billion or $3.77 million in the third quarter of this year, rising 50% from a year earlier.
VIB launches foreign direct investing service
VIB became one of the first commercial joint stock banks to offer packaged banking products and services for the Financial Supervisory Service enterprises in Viet Nam.
Saigon-Hanoi Bank to open branch in Laos
The Saigon-Hanoi Bank has been allowed by the State bank of Vietnam to open a branch in Laos.
BIDV now has 12 branches in HCM City
The Bank for Investment and Development of Vietnam opened three additional branches in Ho Chi Minh City.
Vietnam's Agribank to be restructured
The State Bank of Vietnam, under the order of Vietnam Prime Minister, promptly directed related units to develop plans to restructureAgribank.
ACB's VIP cardholders get benefits from StanChart
More benefits have been added to Asia Commercial Bank’s VIP customers and Visa Platinum cardholders.
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