Big businesses wallow in “mountains of cash”

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VietnamNet English 22 hour(s) ago

Big businesses wallow in “mountains of cash”

VietNamNet Bridge – While the majority of businesses are thirsty for capital to maintain their production, the remaining weep because they have too much excess money.

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Bank merger deals near

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VietnamNet English 1 day(s) ago

The banking sector is likely to see a series of merger and acquisition deals in the next few months after a series of banks announced their plans to merge with other credit institutions.

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Small banks undergo restructuring through M&A

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VietnamPlus English 3 day(s) ago 2 related news

Small banks merging into bigger banks is becoming a growing trend in Vietnam.The State Bank of Vietnam (SBV) said it wants to reduce the number of commercial banks by half after three years, according to an article published on the English language news website VietNamNet Bridge on April 16.

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Bank restructuring path trends towards the merger

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VietnamNet English 3 day(s) ago 2 related news

Bank restructuring path trends towards the merger

VietNamNet Bridge – Small banks merging into bigger banks is becoming a growing trend in Vietnam. This is what the State Bank wants to see to implement its plan to halve the number of commercial banks after three years.

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SBV circular sets restrictions for credit institution ‘families'

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Báo Đầu Tư English 3 day(s) ago

SBV circular sets restrictions for credit institution ‘families'

The total credit limit granted to founding shareholders, major shareholders, family members and related parties must not exceed 5 per cent of the charter capital of a credit institution.

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M&A in Vietnam’s banking sector to catch fire this year

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Báo Thanh Niên English 5 day(s) ago 1 related news

M&A in Vietnam’s banking sector to catch fire this year

Vietnam's banking system is expected to further consolidate as an increasing number of mergers could improve the system's financial strength and reduce bad debt. Photo: Thoi bao Kinh te Saigon

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SBV sets credit limit for major shareholders, family members

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VietnamPlus English 4 day(s) ago 1 related news

The total credit limit granted to founding shareholders, major shareholders, family members and related parties must not exceed 5 percent of the charter capital of a credit institution.

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SBV circular sets restrictions for credit institution ‘families'

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VietNam News English 4 day(s) ago 1 related news

SBV circular sets restrictions for credit institution ‘families'

The total credit limit granted to founding shareholders, major shareholders, family members and related parties must not exceed 5 per cent of the charter capital of a credit institution.

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Bank merger deals near

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Báo Đầu Tư English 5 day(s) ago 2 related news

Bank merger deals near

The banking sector is likely to see a series of merger and acquisition deals in the next few months after a series of banks announced their plans to merge with other credit institutions.

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VietinBank to take over PG Bank

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Báo Dân Trí English 7 day(s) ago 2 related news

VietinBank to take over PG Bank

Petrolimex Group Commercial Joint Stock Bank (PG Bank), owned by Vietnam's giant oil distributor, Petrolimex, has announced its restructuring plan for 2014 in which the Vietnam Bank for Industry and Trade (VietinBank) may take over it.

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Vietnam's PG Bank says got takeover offer from VietinBank

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Báo Thanh Niên English 7 day(s) ago 2 related news

Vietnam's PG Bank says got takeover offer from VietinBank

A bank teller talks to a customer at a branch of PG Bank in Hanoi

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Maritime Bank-MDB merger in the offing

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SaigonTimes English 1 week(s) ago

Maritime Bank-MDB merger in the offing

HCMC – The local banking sector is looking to yet another merger – this time between Vietnam Maritime Bank and Mekong Development Bank (MDB).

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Vinexad building sale faces shareholder doubts

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Báo Đầu Tư English 1 week(s) ago

Vinexad building sale faces shareholder doubts

Late last week, Vietnam Trading Expo and Advertising Joint Stock Company (Vinexad) faced strong disagreement from its shareholders over a proposal to sell its office building on Dinh Le Street, next to Hoan Kiem Lake.

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BUSINESS IN BRIEF 8/4

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VietnamNet English 1 week(s) ago

Industrial zones attract more FDI

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Ha Giang firm leads amidst high dividend payout ratios

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VietNam News English 1 week(s) ago 1 related news

Many companies announced the payment of dividends at high ratios at this shareholders' meeting season.

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