South Korea's Busan Bank partners with SHB to expand presence in Vietnam

South Korea's Busan Bank partners with SHB to expand presence in Vietnam

On October 16, Busan Bank signed an MoU with Saigon-Hanoi Bank to form a corporate, digital, and investment banking partnership.
The future of banking discussed at Temenos forum

The future of banking discussed at Temenos forum

The 2023 Temenos Regional Forum played host to banking experts and their views on digital transformation and the future of banking.
SHB and SeABank enter VN30 Index

SHB and SeABank enter VN30 Index

SHB and SeABank have secured spots in the Ho Chi Minh City Stock Exchange's (HSX) VN30 Index, a notable indicator of industry leadership and robust performance within Vietnam's financial sector.
SHB courts foreign stakeholders with $2.2 billion valuation

SHB courts foreign stakeholders with $2.2 billion valuation

SHB is engaged in discussions to offload up to a fifth of its equity to overseas investors, according to sources familiar with the matter.
Local banks seek foreign funding

Local banks seek foreign funding

Large sums of foreign currency flowed into the accounts of local commercial banks in the first half of this year, with many more deals in the pipeline.
SHB seeks international investors

SHB seeks international investors

SHB has approved a plan to issue additional shares to strategic foreign investors and expects to have a deal in place soon.
IFC partners with SHB to boost lending for SMEs

IFC partners with SHB to boost lending for SMEs

Saigon-Hanoi Commercial Joint Stock Bank (SHB) is the latest Vietnamese bank to join IFC in expanding access to finance for small and medium enterprises, especially women-owned businesses.
Vietnam's logistics expenses cut by 14 per cent by 2025

Vietnam's logistics expenses cut by 14 per cent by 2025

Following the mid-August signing of a strategic partnership agreement, a multimodal logistics network is gradually taking form.
SHB to increase its charter capital

SHB to increase its charter capital

Saigon-Hanoi Commercial Joint Stock Bank (SHB) has received approval from the State Bank of Vietnam to increase its charter capital to $1.16 billion.
Selective corporate bond scale expected to widen

Selective corporate bond scale expected to widen

Corporate bonds, in addition to credit channels and stocks, are now a major source of finance for firms, particularly for banks and real estate developers. However, much work has to be done as the channel is still in its infancy.
SHB to increase its FOL to 30 per cent

SHB to increase its FOL to 30 per cent

Vietnam Securities Depository modified the foreign ownership limit (FOL) ratio of privately-held lender SHB from 10 per cent to a maximum of 30 per cent.
Banks report healthy three-quarter profit picture

Banks report healthy three-quarter profit picture

Many banks have published business reports for the first three quarters, depicting a generally bright profit picture.
Thai bank Krungsri expands footprint in Southeast Asia, including Vietnam

Thai bank Krungsri expands footprint in Southeast Asia, including Vietnam

Thailand’s Bank of Ayudhya (Krungsri Bank) is signalling interest in expanding its footprint in Southeast Asia, including Vietnam.
SHB temporarily locks foreign ownership ratio at 10 per cent

SHB temporarily locks foreign ownership ratio at 10 per cent

SHB confirmed that it would temporarily lock its foreign ownership ratio at 10 per cent, and is now negotiating with several foreign investors.
SHB focuses on handling debts at Vinashin and VAMC

SHB focuses on handling debts at Vinashin and VAMC

SHB will soon handle all debts of Vinashin and purchase all bonds held by VAMC this year thanks to increasing loan-loss provisioning.
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