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ACB gets approval to move 2.16bln shares to Ho Chi Minh Stock Exchange

ACB gets approval to move 2.16bln shares to Ho Chi Minh Stock Exchange

Vietnamese lender ACB has got approval to move 2.16 billion shares to the Ho Chi Minh Stock Exchange from, the country’s main bourse, from Hanoi Stock Exchange, according to exchange filing.

Global Banking & Finance Review vinh danh MSB là Ngân hàng tài trợ thương mại tốt nhất Việt Nam năm 2020

Global Banking & Finance Review vinh danh MSB là Ngân hàng tài trợ thương mại tốt nhất Việt Nam năm 2020

MSB vừa nhận được giải thưởng “Ngân hàng tài trợ thương mại tốt nhất Việt Nam - Best Trade Finance Bank Vietnam 2020” từ Global Banking & Finance Review.

03/07/2020 - 10:16
Vietnam’s Jan.-June credit growth slows to 3.26% on pandemic

Vietnam’s banking sector recorded 3.26 percent credit growth in the first six months of 2020 thanks to recovery in May, State Bank of Vietnam Governor Le Minh Hung told Thursday cabinet meeting.

22/06/2020 - 13:16
Techcombank sees 2020 pre-tax profit to slightly increase to over ...

Techcombank got shareholders’ approval to set 2020 pre-tax profit target at VND13 trillion ($559.3 million), one percent more than 2020 profit, according to shareholders’ meeting on weekend.

11/06/2020 - 13:38
Agribank gets lawmakers’ support to add $150mln to charter capital

Vietnam’s legislators supported government’s proposal to increase state-owned Agribank’s charter capital by VND3.5 trillion ($150 million) during a National Assembly meeting on Wednesday afternoon.

05/06/2020 - 14:05
Sacombank to resolve $473mln bad debt in 2020, profit projected to fall ...

Sacombank, which is striving to be among Vietnam's top ten banks three years from now, targets to resolve VND11 trillion ($473 million) bad debt in 2020, bank's leaders told online shareholders’ meeting.

02/06/2020 - 10:50
Vietnam to pilot fintech operations in banking, allowing P2P lending

Vietnam’s central bank plans to receive applications and approve credit institutions to apply fintech in seven banking services, including peer-to-peer lending from 2021, according to regulator’s draft proposal to the Government.

19/05/2020 - 13:39
Vietnam banks' total assets slightly fall to $522 billion

Total assets of Vietnam's credit institutions and foreign banks by the end of the first quarter of this year inched down 0.72 percent to $521.76 billion compared with the end of 2019.

14/05/2020 - 13:40
Vietnam central bank seen to further cut policy interest rate this ...

Vietnam central is expected to cut interest rates the third time in 2020 in light of weak economic outlook while the country is still targeting growth of above 5%, Fitch Solutions forecast.

09/05/2020 - 17:01
Vietnam considers further key interest rates cut to back virus-hit ...

The State Bank of Vietnam is considering to further cut key interest rate to bolster economic growth, governor Le Minh Hung told an online meeting on Saturday morning.

23/04/2020 - 14:56
Fitch lowers Vietnam's 2020 credit growth forecast to 8% from 11% on virus ...

Fitch Solutions revised forecast for Vietnam’s credit growth to slow to 8% in 2020, from 11% previously, due to a sharp slowdown in economic activity amid the COVID-19 pandemic.

26/02/2020 - 10:30
Finance giant worth over $6.3 billion founded amid coronavirus crisis

An unidentified financial firm with registered capital of VND144 trillion, equivalent to chartered capital of Vietnam’s four largest banks combined, was established in January, according to Ministry of Planning and Investment.

18/02/2020 - 14:21
HSBC to slash 35,000 jobs, shed $139b in assets after 2019 profit slumps ...

HSBC plans to cut 35,000 jobs or 15 per cent of its global workforce as it embarks on a radical cost-cutting plan, the banking giant's interim chief said on Tuesday.

06/12/2019 - 15:28
Several Vietnam’s banks fail to have shares traded on market this ...

Several Vietnamese lenders completing procedures to list shares on Unlisted Public Company Market could miss the listing opportunity in this year since 2019 is wrapping up shortly.

03/12/2019 - 09:30
Vietnam banks’ total assets reach $520 billion, up 9% year-on-year

Total assets of Vietnam’s banking sector reached over VND12,000 trillion ($518.65 billion) as of September 30, up 8.48% compared to the beginning of the year.

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