Vietnam
HDBank clinches $50m loan to fund climate projects, women-led firms
HDBank clinches $50m loan to fund climate projects, women-led firms
This brings HDBank’s total credit facility in Proparco to $100m.
VIB faces asset risks and capitalization strain amid rising NPLs
NPL ratio rose to 3.7% in June 2024.
Vietnam’s OCB to see loan delinquencies ease through 2026
Profitability will remain below historical levels, however.
Military Commercial JS Bank to sustain profits despite rising bad loans
Its NPL ratio deteriorated to 1.6% in June 2024 vs 1.4% a year earlier.
HDBank’s net profit up 48.9% to $324.47, in H1
Deposits in its digital banking channels have risen five-fold in a year.
Techcombank’s pre-tax profits up 38.6% in H1
The bank added nearly 1 million new customers in Q2.
Techcombank's AI push delivered 52 million financial insights in 2023
The bank said it has given 52 million personalised financial advice to customers.
HDBank reports 6.2% credit growth in H1
The bank’s return on equity (ROE) reached 26.7%.
Steady margins and higher trade gains buoy Vietnamese banks’ profits in H2
Asset quality risks are expected to remain contained, Fitch Ratings said.
HDBank is the first Vietnamese lender to share a sustainability report
It plans to become a net zero bank.
Crackdown may slow Vietnam banking processes: S&P
Vietnamese bank’s failure reveals corruption, fraud and violations in sector.
Vietnam’s PVComBank launches mobile banking services on AWS
The platform will reportedly benefit 1 million customers of PVComBank.
No contagion risk for Vietnam banks from billionaire corruption scandal
But it exposed structural weaknesses in Vietnam’s banking and financial industry.
Why tech is not the focal point of banks’ digital transformations
About 70% of digital transformations fail, an industry expert warned.
VPBank’s asset quality at risk amidst housing slowdown
About 1 in 5 of its loans are real estate loans.
Techcombank’s Prasenji Chakravarti lays bare their ESG strategy
The bank is transforming its IT infrastructure to better process green data.
Vietnam’s HDBank eyes 30% dividend in 2024
Total assets are reportedly set to exceed $28b this year.
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