More bank M&A deals expected in second half of 2014

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VietnamNet English 7 day(s) ago

VietNamNet Bridge – Although only one merger & acquisition (M&A) deal was announced in the first few months of the year, more are expected in the second half of the year.

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DZM: Result of transaction of connected institution (Debt Management and Asset Development One sole member Co., Ltd. - Viet A Bank)

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VietStock FI English 3 week(s) ago

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Laos-Viet Nam bank marks 15th anniversary

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VietNam News English 1 month(s) ago

The Laos-Vietnam Joint Venture Bank (LVB) has achieved an annual growth rate of more than 30 percent, becoming one of the most successful banks in Laos since its inception 15 years ago.

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DZM: Notice of transaction of connected institution (Debt Management and Asset Development One sole member Co., Ltd. - Viet A Bank)

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VietStock FI English 1 month(s) ago

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Preferential interest rates favour the poor

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Báo điện tử CP English 1 month(s) ago

VGP – The PM has signed a decision to reduce lending interest rates for policy credit programs at the Viet Nam Bank for Social Policies (VBSP).

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Cards win over more consumers

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

The Viet Nam Bank Card Association's report says that 68.55 million bank cards were in use in the Vietnamese market at the end of the first quarter of 2014.

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Loans to empower poor households

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VietNam News English 4 month(s) ago

Nguyen Van Ly, deputy director of the Viet Nam Bank for Social Policies, talks to Nong thon ngay nay (Countryside Today) newspaper about a preferential loans scheme for low-income households .

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Banks offer property market credit

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VietNam News English 4 month(s) ago 2 duplicate news

Banks offer property market credit

A credit package worth VND120 trillion (US$5.7 billion) would help develop the local property market, said Phan Thanh Mai, general director of the Viet Nam Bank for Construction (VNBC).

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SBV wants to back coffee planters

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VietNam News English 8 month(s) ago

The State Bank of Viet Nam has asked the Government to allow it to provide a refinancing loan of about VND12 trillion (US$568.3 million) to the Viet Nam Bank for Agriculture and Rural Development to speed up the disbursement of lending contracts for coffee replantation.

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Viet Capital Bank joins Visa

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SaigonTimes English 9 month(s) ago

Viet Capital Bank joins Visa

HCMC – Vietnam’s Viet Capital Bank has become an official member of the Visa International Service Association, the local bank said in a statement.

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LV Bank branch director arrested

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VietNam News English 11 month(s) ago

The Ministry of Public Security on Saturday arrested Do Hung So, director of Lien Viet Post Bank's branch in the Mekong Delta's Hau Giang Province for lending to the Phuong Nam Food Joint Stock Company without obeying regulations.

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Viet Capital Bank joins MasterCard group

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SaigonTimes English 11 month(s) ago

As a MasterCard member, the local bank can launch international payment cards. For domestic cards, Viet Capital Bank has issued over 50,000 E-Plus cards that are accepted at over 19,000 ATMs and nearly 105,000 points of sale - Photo: Courtesy of Viet Capital Bank

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Work starts on 1,600 apartments

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SaigonTimes English 12 month(s) ago

The general director of Dat Xanh, Luong Tri Thin, said his firm would be investing around VND1.4 trillion to develop four 18-story apartment buildings with around 1,600 units at a 55,000-square-meter site in Thu Duc District. The apartments measure between 46 and 101 square meters. The developer has yet to announce prices. Viet A Bank is the financer of the project while some other banks have promised to lend to homebuyers with an annual interest rate of 5%. The project...

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HIPC borrows VND555 billion from VietinBank

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VietNam News English 14 month(s) ago

Hiep Phuoc Industrial Park Joint Stock Company (HIPC) signed a contract on Tuesday to borrow VND555 billion (US$26.4 million) from the Viet Nam Bank for Industry and Trade (VietinBank).

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Banks offer $1.4b housing loans deal

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VietNam News English 15 month(s) ago 1 related news

Viet Nam Bank for Agriculture and Rural Development (Agribank) has officially launched a lending programme encompassing a VND30 trillion (US$1.4 billion) loans package for home buyers and realty developers.

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