Lenders licensed for foreign currency loans

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Báo Dân Trí English 1 week(s) ago

Foreign banks and credit institutions will be licensed to lend in foreign currencies to export enterprises, which will provide short-term capital to exporters and manufacturers.

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Vietnam licenses unit of Malaysian bank CIMB

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Báo Đầu Tư English 3 month(s) ago

Vietnam licenses unit of Malaysian bank CIMB

The State Bank of Vietnam has granted a license for Malaysia’s second largest lender CIMB to open a unit here, which will be the seventh fully foreign-owned bank in the country.

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Vietnam licenses unit of Malaysian bank CIMB

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Báo Thanh Niên English 3 month(s) ago

Vietnam licenses unit of Malaysian bank CIMB

The State Bank of Vietnam has granted a license for Malaysia’s second largest lender CIMB to open a unit here, which will be the seventh fully foreign-owned bank in the country.

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Woori Bank gets green light to open in Vietnam

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Báo Dân Trí English 4 month(s) ago

Woori Bank gets green light to open in Vietnam

The State Bank of Vietnam (SBV) said on August 4 it has agreed in principle to allow Woori Bank headquartered out of the Republic of Korea (RoK) to open a wholly owned unit in the country.

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Vietnam approves S Korean bank Woori's unit

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Báo Thanh Niên English 4 month(s) ago

Vietnam approves S Korean bank Woori's unit

The central bank has approved South Korean bank Woori's proposal to establish a unit in Vietnam, which will be the sixth fully foreign-owned lender in the country.

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PBB gets 100% foreign-owned licence in Vietnam

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Báo Đầu Tư English 8 month(s) ago

PBB gets 100% foreign-owned licence in Vietnam

The Malaysian Public Bank Berhad (PBB) received a 100 per cent foreign-owned bank licence from the State Bank of Viet Nam (SBV) last week.

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Foreign banks’ path to dominate domestic market

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Báo Đầu Tư English 11 month(s) ago

Foreign banks’ path to dominate domestic market

Not satisfied with serving only foreign-invested entreprises operating in Vietnam, foreign banks are working to expand amongst domestic customers.

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Financial illiteracy persists as banks blossom

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VietStock FI English 12 month(s) ago

Financial illiteracy persists as banks blossom

Most Cambodians continue to have low financial literacy even as an increasing number of them are beginning to embrace the formal banking sector, according to a recent Standard& Poor’s report.

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The next foreign bank in Vietnam

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Báo Đầu Tư English 17 month(s) ago

The next foreign bank in Vietnam

According to newswire Vnexpress.net, Prime Minister Nguyen Tan Dung has, in principle, allowed Malaysia’s CIMB Group to open a 100 per cent foreign-owned bank in Vietnam.

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Citibank seeks go-ahead to boost Vietnam presence

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Báo Tuổi Trẻ English 18 month(s) ago 2 duplicate news

Citibank seeks go-ahead to boost Vietnam presence

Citibank NA, a unit of Citigroup Inc (C.N), said it will get the go-ahead soon from Vietnam's central bank to set up a subsidiary in the country, which would make it the seventh wholly foreign-owned lender to operate in Vietnam.

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Citibank to open wholly owned subsidiary in Vietnam

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Báo Thanh Niên English 18 month(s) ago

Citibank is set to open a wholly owned subsidiary in Vietnam, becoming the sixth wholly foreign-owned bank in the country.

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Foreign banks enter Vietnam

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VietnamNet English 18 month(s) ago

Foreign banks enter Vietnam

VietNamNet Bridge – As Vietnam will integrate into the ASEAN Economic Community (AEC) in 2015, not only large corporations but also foreign banks plan to strengthen their presence or expand their scale in Vietnam.

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VID Public to become foreign-owned

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Báo Đầu Tư English 21 month(s) ago

VID Public to become foreign-owned

The State Bank of Vietnam (SBV) has in principle given the greenlight to Public Bank Berhad (PBB) to turn VID Public, its joint venture in Vietnam co-owned with the Bank for Investment and Development of Vietnam Joint Stock Companay (BIDV), into a 100 per cent Malaysian-owned bank after acquiring BIDV’s stake.

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Malaysian bank gets VN central bank nod

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VietnamNet English 22 month(s) ago 3 related news

Malaysian bank gets VN central bank nod

The State Bank of Viet Nam approved in principle this week the establishment of Malaysia's Public Bank Berhad (PBB) in Viet Nam.

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Malaysian bank gets SBV nod

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Báo Đầu Tư English 22 month(s) ago 3 related news

Malaysian bank gets SBV nod

The State Bank of Viet Nam approved in principle this week the establishment of Malaysia's Public Bank Berhad (PBB) in Viet Nam.

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