Vietnam
Habubank announces plan to merge with SHB
Habubank announces plan to merge with SHB
Habubank announced its draft plan to merge with the SHB.
Vietnam to miss target growth for business loans
Despite assurances to the contrary from the government, Vietnam will not loan as much to private business as it planned.
Is forcing bank mergers the solution to Vietnam's credit crisis?
BBVA warns weak banks should first be recapitalized by the government before being merged.
Sacombank earmarks $48M soft loans for prioritized borrowers
Sacombank is earmarking one trillion dong or US$48 million for soft loans to agro-forestry andfisheries sectors until May 11, 2012.
VietinBank expands online Western Union service
VietinBank has expanded its Western Union Online through its IPay system.
Maritime Bank appointed service bank for expressway project
Maritime Bank has been appointed as the service bank for the Da Nang – Quang Ngai Expressway Project by the State Bank of Vietnam.
Vietnamese banks to charge ATM fees
Vietnamese banks are seeking to introduce ATM charges to avoid big losses on ATM services.
ING Commercial Banking Asia expands into Vietnam
It will open a representative office in Hanoi on May 7.
Vietnam's Vietinbank establishes subsidiary bank in Germany
Vietinbank has been allowed in principle by the State Bank of Vietnam to set up a subsidiary bank in Germany.
Vietnamese banks reaching out to nearby markets
Maritime Bank plans to set up branches or 100 percent Vietnamese owned banks in foreign markets, possibly Laos and Cambodia.
VietinBank’s Laos branch to sign $20M credit contract with telco netwrok
VietinBank’s Laos worked with Unitel on detailed agreements to prepare for signing a credit contract worth $20 million.
OCB's after-tax profit remains unchanged at $15.38M
Orient Commercial Bank generated an after tax profit of VND302 billion or US$15.38 million last year, same as in 2010.
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.
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