Vietnam cbank mulls acquiring GP.Bank, Ocean Bank following construction bank buyout

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Báo Đầu Tư English 26 month(s) ago 1 related news

Vietnam cbank mulls acquiring GP.Bank, Ocean Bank following construction bank buyout

The State Bank of Vietnam (SBV) is considering taking over other loss-making local financial institutions including the unlisted GP.Bank and Ocean Bank, according to Deputy Governor Nguyen Phuoc Thanh.

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Vietnam cbank mulls acquiring GP.Bank, Ocean Bank following construction bank buyout

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Báo Tuổi Trẻ English 26 month(s) ago 1 related news

Vietnam cbank mulls acquiring GP.Bank, Ocean Bank following construction bank buyout

The State Bank of Vietnam (SBV) is considering taking over other loss-making local financial institutions including the unlisted GP.Bank and Ocean Bank, according to Deputy Governor Nguyen Phuoc Thanh.

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GPBank to be nationalized, Ocean Bank may follow

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VietnamNet English 26 month(s) ago 1 related news

GPBank to be nationalized, Ocean Bank may follow

VietNamNet Bridge – The State Bank of Vietnam (SBV) plans to nationalize GPBank, and then possibly Ocean Bank if the bank is unable to handle its problems.

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Saigon-Hanoi Bank named most innovative bank in Vietnam

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VietnamPlus English 31 month(s) ago 1 related news

Saigon-Hanoi Bank named most innovative bank in Vietnam

Saigon-Hanoi Commercial Joint Stock Bank (SHB) has been honored by the International Finance Magazine as the "Most Innovative Bank in Vietnam" in 2014, becoming the first Vietnamese commercial bank to get the award.

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Techcombank receives top awards

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VOV News English 37 month(s) ago 1 related news

Techcombank receives top awards

The Technological and Commercial Joint-Stock Bank (Techcombank) has recently been voted as “the best commercial bank”, “the best retail bank”, “the best internet bank” and “the best customer service bank” in Vietnam in 2014.

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Techcombank receives top awards

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VietnamPlus English 37 month(s) ago 1 related news

The Technological and Commercial Joint-Stock Bank (Techcombank) has recently been voted as “the b est commercial bank”, “the best retail bank”, “the best internet bank” and “the best customer service bank” in Vietnam in 2014.

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State Bank jitters over share trader bank loans

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Báo Đầu Tư English 86 month(s) ago

The State Bank may further tighten control over commercial bank loans to share traders in order to reduce bank risks, according to a senior State Bank official.

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Canadian bank ups stake in ABA

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VietStock FI English 11 month(s) ago

Canadian financial institution National Bank of Canada (NBC) has increased its total investment in Advanced Bank of Asia Ltd (ABA Bank) to $148 million, becoming the local commercial bank’s majority shareholder with a 90 per cent stake, the bank announced yesterday.

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DongA Bank CEO suspended

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Báo Dân Trí English 20 month(s) ago 2 related news

DongA Bank CEO suspended

The State Bank of Vietnam (SBV) suspended Dong A Bank CEO Tran Phuong Binh, and his deputy, Nguyen Thi Ngoc Van, yesterday (August 20) for their violations in financial management and lending activities at the bank.

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Central bank puts Dong A bank under special control

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Báo Dân Trí English 21 month(s) ago

Central bank puts Dong A bank under special control

The State Bank of Vietnam (SBV) put Dong A Joint Stock Commercial Bank (Dong A Bank) under special control on August 14 to manage any possible risk and prevent the loss of the bank’s assets.

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State Bank of Vietnam takes over VNCB

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VietnamNet English 27 month(s) ago

The State Bank of Vietnam has announced that it will acquire all shares of VNCB, fully known as Vietnam Construction Bank, at no cost to become the sole owner of the ailing bank.

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PG Bank mulls bank-in-bank merger with VietinBank

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Báo Đầu Tư English 38 month(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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DongA Bank receives Bank of Mellon’s award

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VietnamPlus English 51 month(s) ago 3 duplicate news

DongA Bank has been awarded by Bank of New York Mellon (BNY Mellon) an Excellence Award for 2012 for Straight Through Processing (STP), according to DongA Bank’s website.

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Joint merger bank named ‘Saigon Commercial Bank"

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VietStock FI English 68 month(s) ago 3 related news

Joint merger bank named ‘Saigon Commercial Bank'

Ficombank, Tin Nghia Bank and Saigon Commercial Joint Stock Bank passed a resolution at a shareholders meeting held on December 15 to name their joint merger bank as ‘Saigon Commercial Bank’ with a capital of VND10.5 trillion ($507.8 million), equaling 1,058 shares, and total assets worth VND153.62 trillion.

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Joint merger bank named ‘Saigon Commercial Bank

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Báo Đầu Tư English 68 month(s) ago 3 related news

Joint merger bank named ‘Saigon Commercial Bank

Ficombank, Tin Nghia Bank and Saigon Commercial Joint Stock Bank passed a resolution at a shareholders meeting held on December 15 to name their joint merger bank as ‘Saigon Commercial Bank’ with a capital of VND10.5 trillion ($507.8 million), equaling 1,058 shares, and total assets worth VND153.62 trillion.

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