Ocean Bank finds new foreign owner

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Báo Đầu Tư English 2 month(s) ago

A source of VIR revealed that the zero VND Ocean Commercial Joint Stock Bank (Ocean Bank) has been sold to a foreign bank in Asia.

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ADB supports SMEs in VN

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Báo điện tử CP English 3 month(s) ago

VGP – The Asian Development Bank (ADB)'s Trade Finance Program (TFP) is aimed at assisting Viet Nam and its businesses to expand trading opportunities, increasing competitiveness and promoting equitable growth with trade as a driving force, said head of Trade Finance Steven Beck.

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BUV and Maritime Bank partner up to offer wider access to British education

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Báo Đầu Tư English 3 month(s) ago

British University Vietnam, the first and only university in Vietnam to offer bachelor’s degrees directly from the United Kingdom, and Vietnam Maritime Commercial Joint Stock Bank signed an agreement to bring an authentic UK education opportunity for students.

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MB signs contract to apply Basel analytics methodology, credit risk modelling solution

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Báo Đầu Tư English 3 month(s) ago

On May 9, Military Commercial Joint Stock Bank (MB) and Experian held a ceremony to sign a contract and kick off a project on credit risk modeling for Basel II.

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Novaland backs out of Sacombank restructuring project

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Báo Đầu Tư English 4 month(s) ago 1 related news

Novaland Group (NVL) on Wednesday said it would not participate in the restructuring of Saigon Commercial Joint Stock Bank (Sacombank) as planned previously, Thoi bao Kinh te Viet Nam (Vietnam Economic Times) has reported.

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Former Ocean Bank executives stand trial

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Báo Đầu Tư English 6 month(s) ago 1 related news

The People’s Court of Hanoi on February 27 opened the first instance hearing for former Chairman of the Board of Directors of the Ocean Commercial Joint Stock Bank (Ocean Bank) Ha Van Tham and other former executives of the bank for serious violations of State laws.

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Banking assets rise by 16% in 2016

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Báo Dân Trí English 6 month(s) ago

The total assets of the Vietnamese banking industry reached VND8.5 quadrillion (USD360 billion) by the end of 2016, according to statistics provided by the State Bank of Vietnam (SBV).

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ADB supports SHB in pre-shipment, post-shipment trade transactions

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Báo điện tử CP English 6 month(s) ago

VGP - The Asian Development Bank (ADB) and the Sai Gon-Ha Noi Commercial Joint Stock Bank (SHB) on February 21 signed a Revolving Credit Agreement (RCA), which allows ADB’s Trade Finance Program (TFP) to provide a US$20 million direct loan to SHB to support pre-shipment and post-shipment trade transactions.

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ADB, SHB strike deal to provide trade loans in Vietnam

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Báo Dân Trí English 6 month(s) ago 1 duplicate news

The Asian Development Bank (ADB) and Sai Gon - Hanoi Commercial Joint Stock Bank (SHB) on Tuesday signed a Revolving Credit Agreement (RCA). Under the agreement ADB’s Trade Finance Program (TFP) will provide a USD20 million direct loan to SHB to support pre-shipment and post-shipment trade transactions.

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17 Vietnamese banks named among the largest in Asia Pacific

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Báo điện tử CP English 7 month(s) ago 1 related news

VGP- Seventeen Vietnamese banks have been named among the 500 strongest banks in the Asia Pacific region, according to a report released by the Asian Banker magazine.

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17 Vietnamese banks named among the largest in Asia Pacific

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Báo điện tử CP English 7 month(s) ago 1 related news

VGP- Seventeen Vietnamese banks have been named among the 500 strongest banks in the Asia Pacific region, according to a report released by the Asian Banker magazine.

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Vietnam Airlines’ NASCO to list on UPCoM

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Báo Đầu Tư English 7 month(s) ago

The Noi Bai Airport Services Company (NASCO) will list its 8.3 million shares on the Unlisted Public Company Market (UPCoM) under the code NAS, according to the Ha Noi Stock Exchange.

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Vietnamese banks named among the largest in Asia Pacific

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Báo Dân Trí English 7 month(s) ago

Seventeen Vietnamese banks have been named among the 500 strongest banks in Asia Pacific, according to a report released by the Asian Banker magazine.

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SHB Finance coveted before born

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Báo Đầu Tư English 8 month(s) ago

Although SHB Finance, a result of the merger of Vinaconex-Viettel Finance JSC (VVF) and Saigon-Hanoi Commercial Joint Stock Bank (SHB), has yet to be officially established, numerous foreign investors expressed interest in buying shares.

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Meed Smart Financial Application launched in Vietnam

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Báo Dân Trí English 9 month(s) ago

Maritime Commercial Joint Stock Bank (Maritime Bank) and Meed, a U.S-based company, held the “Launching Meed Smart Financial App In Vietnam” press conference on November 22. This is the first time Vietnam welcomed a service that helps users not only save time and cost for banking transactions, but also earn more.

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