MB posts stellar performance in H1

MB posts stellar performance in H1

Military Commercial Joint Stock Bank (MB Bank) has affirmed its position by recording robust business results in the first half of 2023.
Agribank going from strength to strength

Agribank going from strength to strength

After 35 years, Agribank remains one of the leading banks in Vietnam, with its unique place among Vietnam's rural communities.
Foreign investment streams accelerate bank restructuring

Foreign investment streams accelerate bank restructuring

Over the last thirteen months, foreign investment into local financial institutions not only bolstered M&A, but also sped up the restructuring process at FIs.
VIB setting the bar high for 2018

VIB setting the bar high for 2018

VIB officially announced the 2018 targets and made proposals to pay dividend and conduct its ESOP, as well as raise charter capital.
Vietcombank sell-down sends national airline crashing

Vietcombank sell-down sends national airline crashing

Vietcombank’s recent move to put 7.6 million shares of Vietnam Airlines on sale is lauded as a shrewed decision.
31 enterprises receive licenses for trading gold bars

31 enterprises receive licenses for trading gold bars 1

The State Bank of Vietnam (SBV) has granted licenses for the trading of gold bars to 31 enterprises.
Market left on tenterhooks

Market left on tenterhooks

Selling pressure soared up Wednesday on the new movements relating to the scandal of banking tycoon Nguyen Duc Kien.
Banks move to cut deposit interest rates

Banks move to cut deposit interest rates

A State Bank of Vietnam (SBV) announcement about a possible cut in deposit interest rates has spurred many banks into action even before an official decision is taken.
M&As’ intriguing currency story

M&As’ intriguing currency story

The legal framework for mergers and acquisitions (M&A) in Vietnam has been gradually enhanced in the context of the tremendous increase in both value and volume of M&A deals for recent years.
Banks rely on foreign partners to raise capital

Banks rely on foreign partners to raise capital

One of the ways in which banks are planning to increase their charter capital this year is to have their strategic partners acquire a greater stake – from the current 10 to 20 per cent.

UK bank SCB wins out in bidding for ACB stake

The UK’s Standard Chartered Bank (SCB) has outbid its foreign rivals to acquire an 8.56 per cent stake in Vietnam’s second-largest joint-stock commercial bank, Asia Commercial Bank (ACB).
ACB attracts foreign eyes

ACB attracts foreign eyes

Foreign banks and financial institutions have expressed interest in buying into Vietnam’s second-largest joint stock commercial bank, Asia Commercial Bank (ACB), according to a senior ACB executive.