Vietnam
Vietcombank now accepts insurance premiums online from Liberty customers
Liberty Insurance's customers can now pay their insurance premium online by registering for Vietcombank's internet banking service.
Vietcombank now accepts insurance premiums online from Liberty customers
Liberty Insurance's customers can now pay their insurance premium online by registering for Vietcombank's internet banking service.
Laos-Vietnam Bank to get technological facelift
The Laos-Vietnam Joint Venture Bank will transform its CorBanking software system with a US$431 million loan from the Corporation for Financing and Promoting Technology of Vietnam . A contract to this effect was inked between FPT and LVB in the Lao capital city of Vientiane. According to LVB General Director Nguyen Kim Dieu, the US$ 4.31 million will help the bank improve the efficiency of using resources and brand name, save expenditures and supply modern products and services.
Stanchart makes 97% compliance on 8-minute service pledge
More than 97% of Standard Chartered Bank customers in Vietnam were served within less than eight minutes since the initiative was implemented in July.
BIDV provides 7.7T Dong credit to Becamex IDC
Bidv Binh Duong will provide a credit program worth 7.7 trillion dong in 2011-15 period to Becamex IDC.
Techcombank to serve $175M transport project
Techcombank has beedn assigned by the State Bank of Vietnam to serve the urban transport development project in Hai Phong City funded by World Bank.
Vietnam Eximbank listed among world’s 25 highest growing banks
Vietnam Eximbank is among the world’s top 25 banks with high growth rates, according to an international financial affairs publication.
Lien Viet Bank now known as Lien Viet Post Bank following merger
Vietnam's central bank allowed Lien Viet Bank to change its name to Lien Viet Post Joint-Stock Commercial Bank after joining forces with Vietnam Post Corporation.
Vietnam's Smartlink expands connection for nine more banks
Nine commercial joint stock banks have joined the Smarlink connection in July.
LienVietPostBank makes debut
LienVietPostBank made its debut in Hanoi on July 29.
Military Bank gets Deloitte's managerial expertise
The Military Bank signed a strategic contract with Deloitte Viet Nam for support in corporate governance and minimise business risks.
Vietnamese banks receive record financing from IFC
International Finance Corporation has loaned a record US$505 million to Vietnamese banks for the fiscal year 2011.
ACB becomes first Vietnamese bank to offer money transfer via ATMs
Asia Commercial Bank has launched a new service that allows its cardholders to transfer money to other banks through automatic teller machines.
Mizuho eyeing 20% stake in Vietcombank
Mizuho Financial Group Inc. is in final talks to buy a stake in Vietcombank for as much as ¥60 billion.
Vietnamese banks seeking foreign partners
After wrapping up the deal on selling 10 percent of stakes to the International Financial Corporation IFC, Vietinbank continues to issue more shares to the Bank of Novascotia.
Dong A posts 1st half pretax profit of VND676B
Dong A Bank posted a pretax profit of VND676 billion in the first six months, covering 52% of their annual target.
Overseas remittances through Vietnam Banks soar
Overseas remittance via Vietnam banks is up.
BNP Paribas inks deal to raise stake in OCB
BNP Paribas inked an agreement to raise its stake in Orient Commercial Bank from 15% to 20% after obtaining approval from the central bank. The French bank will acquire 27 million shares issued by OCB to increase its chartered capital from VND2.73 trillion to VND3 trillion. BNP Paribas has been the strategic foreign investor of OCB since 2007. The two banks now have strengthened cooperation in the area of trade finance, helping OCB to link with trade centers of BNP Paribas in 80 countries worldwide.
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The Bank of Thailand is eyeing to expand connectivity with more countries.
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Generative AI’s role in the evolution of banking