More News

The State Bank of Vietnam, under the order of Vietnam Prime Minister, promptly directed related units to develop plans to restructureAgribank.

More benefits have been added to  Asia Commercial Bank’s VIP customers and Visa Platinum cardholders.

The ratio of non-performing loans by Chinese banks at the end of September fell 0.6 percentage points to 1.84 percent  less than the end of 2010.

Vietcombank attributed its high bad debt ratio to its international auditing standards in evaluating bad debts.

TinNghiaBank increased its interest ratesfor gold certificates to 3.1%,  and up 0.4% from the bank’s previous level.

The partnership will nearly double DBS’ number of banking outlets to 140.

Korea Finance Corp. has raised US$750 million by floating dollar-denominated bonds.

Vietinbank issued Platinum VIP Cards with many benefits and exclusive privileges to its loyal customers to extend the bank’s deep thanks to them. In July, 2011, Vietinbank launched a special program for individual customers to accumulate credit scores. Under the program, customers would earn credit scores using Vietinbank’s products and services and would be classified annually into different rankings: Silver, Premium, Gold, and Platinum. The Platinum VIP cards issued by the bank reflected the cardholders’ good credit rating and financial status to customers who achieved Platinum Grade from 60,000 credit scores. This was a special gift for exclusive individual customers of VietinBank. To date, Vietinbank has issued Platinum VIP Cards to 150 customers. In the coming time, the bank will continue to expand its partnership to provide more utilities for customers in general and VIP clients in particular and to always offer customers with ultimate benefits and unique values in line with the bank’s slogan "Enhancing values of life".

The study revealed that 8 out of 10 chief marketing officers will increase social media use in 3-5 years.

Lone Star Funds’ Korea Exchange Bank third-quarter profit declined to 117 billion won or $104 million from a restated 319.3 billion won a year earleir.

Bank of Communications opened its first overseas subsidiary in London to improve cross-border business and provide global wealth management services and financial services.

 Export-Import Bank of Malaysia expects 40 per cent of its targeted loan applications worth RM1 billion for this year to come from the small medium entrepreneurs.

Hong Leong Bank is offering a voluntary separation scheme to all permanent employees of the bank and MIMB Investment Bank.

Hong Kong’s foreign currency reserve assets reached 281.7 billion U.S. dollars by the end of October, 2011, up 4.1 billion U.S. dollars compared to the end of September.

The volume of overseas remittance to Vietnam is expected to reach $8.5 billion this year, according to the State Bank of Vietnam.

ABC Financial Leasing Co., Ltd. reached strategic partnership agreements in Beijing with four leading farming enterprises.