Alma Resort customers tricked by company’s cooperation with Sacombank, Maritime Bank

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Báo Đầu Tư English 1 week(s) ago

Thanks to the trust customers place in Sacombank and Maritime Bank, the cooperation between Paradise Bay Resort Co., Ltd., developer of Alma Resort in Khanh Hoa Province, with said banks is likely making it easier for the company to trick customers into signing vacation right ownership contracts.

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Sacombank and Maritime Bank thick as thieves with Paradise Bay Resort?

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Báo Đầu Tư English 1 week(s) ago

Sacombank and Maritime Bank are likely cooperating at Paradise Bay Resort Co., Ltd., developer of Alma Resort in Khanh Hoa Province, in order to trick customers that signed the company’s vacation right ownership contracts.

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Banks hopeful for mortgage market growth

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Báo Đầu Tư English 1 week(s) ago

With housing demand remaining strong, banks are optimistic 2017 will be a big year for mortgages.

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Banks report satisfactory profits, increased bad debts

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Báo Đầu Tư English 1 week(s) ago

Banks’ finance reports in 2016 show good news and bad news. Most of them had profits higher than the year before, but the number of non-performing loans increased.

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Japanese, Vietnamese cooperation in finance, banking a successful marriage

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Báo Đầu Tư English 2 week(s) ago

Japanese enterprises in banking and finance are now the biggest foreign shareholders in Vietnamese banks, financial and financial leasing companies, and their Vietnamese partners highly regard their expertise and support.

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SBV removes father and son board members at Sacombank

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Báo Đầu Tư English 3 week(s) ago 1 related news

The State Bank of Viet Nam yesterday terminated Tram Be’s and Tram Khai Hoa’s membership in the management board at Sai Gon Thuong Tin Joint Stock Commercial Bank (Sacombank).

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Vietnam bank tycoon Tram Be, son leave Sacombank

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Báo Tuổi Trẻ English 3 week(s) ago 1 related news

Tram Be, one of Vietnam’s most well-known banking moguls, and his son Tram Khai Hoa have officially had their membership of the board of directors at Sacombank terminated, the State Bank of Vietnam said Friday.

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Analysis: Basel II bank performances

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Báo Đầu Tư English 1 month(s) ago

Updated financial reports coming from nine out of 10 banks, consisting of Vietcombank, Vietinbank, BIDV, VIB, ACB, Techcombank, VPBank, MB, and Sacombank (leaving Maritime Bank out of the list as its latest reports were dated 2015) that are to implement Basel II requirements by 2018, showed that the percentage of income generated by banks arose chiefly from credit activities.

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Vietnamese banks dream of foreign investors

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Báo Đầu Tư English 2 month(s) ago

Many commercial banks want more relaxed restrictions on foreign ownership in order to raise capital, resolve bad debts, and speed up restructuring.

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SHB consolidates grasp on Indochina

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Báo Đầu Tư English 6 month(s) ago

SHB consolidates grasp on Indochina

Saigon-Hanoi Commercial Joint Stock Bank (SHB) is expanding its operations in Indochina to solidify its foothold on the market.

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$139 million in preferential loans for businesses

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SaiGon GP English 6 month(s) ago

Four commercial banks namely Sacombank, Vietinbank, Vietcombank and Agribank yesterday signed an agreement to provide 34 businesses in District 1 with VND3,109 billion (US$139 million) in preferential loans to overcome difficulties and develop production in Ho Chi Minh City.

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Stocks mixed, banks fall on profit- taking

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Báo Đầu Tư English 7 month(s) ago

Stocks mixed, banks fall on profit- taking

Vietnamese shares were mixed in the early session while investors remained cautious due to the market's volatility.

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Vietcombank blames phishing scam as customer loses $22,300 overnight

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Báo Tuổi Trẻ English 7 month(s) ago

A Vietcombank ATM cardholder has complained having lost VND500 million (US$22,321) in her account overnight earlier this month, with the lender claiming its customer was victim of a phishing scam.

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Vietnam's FPT to invest in Myanmar financial switching system

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Báo Thanh Niên English 8 month(s) ago

FPT Corporation has been selected by Myanmar Payment Union (MPU) as the prime investor to implement a national financial switching system, the company said Monday.

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Banks fail to meet cross ownership deadline

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Báo Đầu Tư English 8 month(s) ago

Banks fail to meet cross ownership deadline

Four months after the deadline set by the State Bank of Viet Nam (SBV) for resolving cross ownership in the banking system, the problem persists.

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