PG Bank mulls bank-in-bank merger with VietinBank

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Báo Đầu Tư English 2 hour(s) ago 2 related news

PG Bank mulls bank-in-bank merger with VietinBank

Industry insiders are mulling the possibility of an ailing commercial bank merging into a leading bank under the bank-in-bank model, unprecedented in Vietnam thus far.

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Small banks undergo restructuring through M&A

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VietnamPlus English 4 hour(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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Vietnam in global top 10 for overseas remittances

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VietnamPlus English 4 hour(s) ago

The World Bank (WB) has announced Vietnam is among the top ten overseas remittance recipients in the world, receiving 11 billion USD last year alone, radio The Voice of Vietnam (VOV) reported.

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Standard Chartered inks coffee deal

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VietNam News English 12 hour(s) ago 1 related news

Standard Chartered inks coffee deal

Standard Chartered Bank Viet Nam has signed an agreement for a US$22 million structured trade finance facility with Tin Nghia Corporation to fund the expansion of one of Viet Nam's leading coffee exporters.

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BIDV-funded social facilities built on Ly Son Island

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VietnamPlus English 8 hour(s) ago

The Bank for Investment and Development of Vietnam (BIDV)’s branch in central Quang Ngai province handed several new social facilities to Ly Son island district on April 15, aiming to reduce difficulties facing local people.

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Bank restructuring path trends towards the merger

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VietnamNet English 10 hour(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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Shares fall as investors rush to sell

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VietNam News English 11 hour(s) ago

Fears that the market will continue to decline further pushed investors into another sell-off.

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Vietinbank aims for Vinalines ports stake

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VietNam News English 11 hour(s) ago

Vietinbank, the second-largest bank by assets, would like Viet Nam National Shipping Lines (Vinalines) to name it as a strategic investor at member ports after the initial public offerings (IPO).

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UK Bank supports Vietnamese coffee producer

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Báo điện tử CP English 1 day(s) ago 1 related news

UK Bank supports Vietnamese coffee producer

VGP - The UK Standard Chartered Bank (SCB) has signed a financing agreement worth US$22 million with Tin Nghia Corporation to help it boost coffee production and exports.

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Vietnam in global top 10 for foreign remittances

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Báo Dân Trí English 23 hour(s) ago 1 related news

Vietnam in global top 10 for foreign remittances

The World Bank (WB) has announced Vietnam is among the top ten overseas remittance recipients in the world, receiving US$11 billion last year alone.

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Vietnam in global top 10 for foreign remittances

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VOV News English 1 day(s) ago 1 related news

Vietnam in global top 10 for foreign remittances

(VOV) - The World Bank (WB) has announced Vietnam is among the top ten overseas remittance recipients in the world, receiving US$11 billion last year alone.

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

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Báo Thanh Niên English 2 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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Vietcombank merger news expected

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VietnamNet English 1 day(s) ago

Vietcombank merger news expected

Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank), one of the nation's biggest banks, is expected to ask its stakeholders at the meeting next week about a merger with a credit institution whose name remains a secret, Ban Viet Securities revealed on Friday.

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Vietcombank merger news expected

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VietnamPlus English 1 day(s) ago 2 related news

Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), one of the nation's biggest banks, is expected to ask its stakeholders at the meeting next week about a merger with a credit institution whose name remains a secret, Ban Viet Securities revealed on April 11.

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Vietcombank merger news expected

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VietNam News English 1 day(s) ago 2 related news

Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank), one of the nation's biggest banks, is expected to ask its stakeholders at the meeting next week about a merger with a credit institution whose name remains a secret, Ban Viet Securities revealed on Friday.

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