Vietnam
Vinashin-exposed Vietnamese banks get credit negative
Vietnam banks exposed to the Vinashin’s US$600 million unsecured loan were given a credit negative by Moody’s.
Vietnam grants license to Bank of Communications
Opening a branch in Ho Chi Minh City is part of its move to expand its 10 overseas branches.
StanChart Vietnam expands securities services
Global lender sees country as venue of exciting opportunities for local and international investors.
Vietcombank reports 45% earnings growth in 2009
Surge in profits was propelled by government's stimulus package that fostered bank's lending.
VietinBank unveils 2 foreign partners
Collaboration with IFC and Bank of Nova Scotia will give lender expertise in its global expansion.
DBS secures licence for Vietnam branch
DBS Bank will set up its first branch in Ho Chi Minh City, Vietnam this year after receiving regulatory approval.
Maybank targets 20% stake in An Binh Bank
ABBank's selling of 5% of its stake to Maybank makes it on equal footing with HSBC.
ANZ acquires RBS in Vietnam
RBS Vietnam became the second of six markets to transition to ANZ ownership after the acquisition of RBS Philippines.
Korean Shinhan launches first branch in Vietnam
Shinhan is targeting the 90% of Vietnamese people who have yet to open a bank account with its new launch into Vietnam.
StanChart launches priority banking in Vietnam
The service will provide Standard Chartered Bank’s customers with a series of global services including financial solutions in banking transactions, loans, guaranties, investments, new products and high-quality services, in addition to attractive interest rates, said a report in VOV News.
Acleda's ATMs to receive electricity payments
After being chosen by the Cambodian government to facilitate tax payments, Acleda Bank's ATMs will now receive electricity payments in behalf of the Electricité du Cambodge.
Binh Duong branch expands HSBC’s reach in Vietnam
HSBC Vietnam opened its first regional branch in Vietnam in Binh Duong—its first full service branch in operation outside Hanoi and Ho Chi Minh City.
HSBC wants fresh Vietnamese dong holders as clients
HSBC intends to penetrate Vietnam's promising personal banking segment where less than 10 percent have a bank account. Thus it will soon double its reach in Vietnam by opening three more outlets in Ho Chi Minh City.
HSBC can’t get enough of Hanoi
HSBC will double its network in Hanoi to four outlets, in addition to its headquarters branch in Ho Chi Minh City.
HSBC puts up Vietnam transaction office
HSBC became the first locally incorporated foreign bank in Vietnam to expand its distribution network via its transaction office.
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