10:18 | 16/10/2020
Several Vietnamese banks have appointed foreigners to key positions such as CEO and chairman as new growth drivers.
10:18 | 16/10/2020
Moody's remained credit rating of Seabank at B1 based on assessment of equity, earnings, solvency, asset quality, funds, liquidity and risk management that have contributed mainly to maintain positive condition of the Bank despite under negative effects of Covid19.
10:18 | 16/10/2020
Despite negative effects of Covid19, Moody remained credit rating of the Bank at B1 with assessment that the Bank has had good performance, profitability, liquid asset portfolio, capital and improved risk management. https://vietstock.vn/2020/04/moody8217s-cong-bo-giu-nguyen-xep-hang-tin-nhiem-b1-cho-hdbank-757-749015.htm
10:18 | 16/10/2020
Many customers of the Bank complaint that they could not conduct transactions via the Company's internet banking system. The Bank appologized and explained that the abnormally high number of users made its system fail to function properly.
10:18 | 16/10/2020
Moody's remained credit rating of BIDV at Ba3, which is equal to the national credit rating, though Covid19 has posed some difficulties to the economy and banking sector. Moody's appreciated the improvement of CAR and asset quality after the Bank sold ownership to foreign investor and finally settled bonds in VAMC. Moreover, financing is also a strength of BIDV thanks to its wide network and relationships with enterprises.
10:18 | 16/10/2020
Deputy Prime Minister Vuong Dinh Hue announced that the government has approved to raise charter capital of Vietcombank and Vietinbank with an increase of VND10,000 billion.
10:18 | 16/10/2020
Many customers of the Bank reported to have their VISA cards charged although they did not make any transactions. The Bank then announced to refund to the cardholders.
10:18 | 16/10/2020
Vietcombank reported net profit reaching VND 23.15 trillion, equivalent to USD 1 billion in 2019. In addition, the Bank grew sustainably in deposit and credit, around +15%/year, while reducing NPLs from 0.97% to 0.77% yoy.
10:18 | 16/10/2020
According to Mr. Tran Minh Binh (General Director of Vietinbank), in 2019, The Bank's credit growth was 7.2% compared to the end of 2018; Net income from services increased by 43% compared to 2018, non-interest income accounted for 22% of total operating revenue, the NPL ratio was controlled at less than 1.2%.Net income of the Company has reached VND11.5 trillion.
10:18 | 16/10/2020
According to Nikkei Asia, Azora Bank (Japan) is planning to purchase 15 percent ownership of Orient Commercial Joint Stock Company. The deal is waiting for the approval from Vietnam authority.
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