Vietnam
HDBank’s plan to buy unnamed “weak bank” to weaken loss buffers: Moody’s
HDBank’s plan to buy unnamed “weak bank” to weaken loss buffers: Moody’s
Little is known about the target bank and what incentives Vietnamese authorities offer.
Techcombank reports 22.3% surge in before tax profits in H1
Total operating income reached $900m for the first half of the year.
UOB to facilitate US$2.4b pipeline of investments in Vietnam
This is expected to create 13,000 jobs in the country.
Chart of the Week: Vietnam’s card payments market to grow 24.1% in 2022
Strong anti-COVID measures allowed the market to reduce the pandemic’s impact.
Citi Vietnam appoints new country officer
Ramachandran A.S. will oversee Citi’s operations and serve as main regulatory representative.
UOB injects $88m in fresh capital for Vietnam charter
The capital injection was approved by the State Bank of Vietnam.
Vietnam’s HDBank clinches $50m loan to finance green projects
Green projects have the potential to create over 1,350 jobs in the country.
Vietnamese neobank Timo partners with Mambu to offer cloud-core banking services
Vietnam’s banking industry is ripe for disruption with low financial inclusion but high smartphone ownership.
IFC grants $40m loan to Vietnam’s SeABank to expand SME lending
It’s the first phase of a $150m package for expanding SME lending, reducing greenhouse gas emissions.
Vietnamese banks’ profits to improve: Moody’s
Higher yields from their retail loans will push up earnings.
MUFG Bank names Hoang Thi Tuong Khanh as Vietnam global corporate banking head
She will be based in Hanoi.
Vietnam's VPBank adapts Finastra's treasury solution to digitize operations
The Fusion Adopt program enables VPBank to trade higher volumes of treasury.
Vietnam's Mcredit, JCB launch credit card
Card members can enjoy a zero-interest installment at thousands of merchants in Vietnam.
Deutsche Bank names Huynh Buu Quang as Vietnam country chief
The bank had earlier announced plans to invest in the country.
HDBank wins Mid-sized Domestic Retail Bank of the Year - Vietnam at ABF Awards
The company received the Mid-sized Domestic Retail Bank of the Year - Vietnam Award.
Major Vietnamese bank signs with Temenos for digital wealth management services
It will be the first local bank to market differentiated services for high net worth individuals.
Viet Capital Bank, 7-Eleven launch exclusive JCB Card
It subscribes customers to the loyalty programs of each company, respectively.
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1. Franklin Templeton gets approval to launch first retail tokenised fund in Singapore 2. Vietnam’s finance sector faces digitalisation challenges despite eased regulation 3. Singapore in talks with banks to enhance financing schemes for businesses 4. GXS Bank names Pei-Si Lai as group CEO 5. Banks feel pressure from private creditResource Center
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