Banks undergo major executive shake-up amid restructuring drive

Banks undergo major executive shake-up amid restructuring drive

Vietnamese banks are accelerating their restructuring efforts to strengthen competitiveness in a challenging economic climate.
Positive rate movement following government commitment

Positive rate movement following government commitment

Banks have taken swift action to reduce their deposit rates following a meeting with the central bank (SBV) on implementing measures to stabilise deposit rates on February 25.
Banks expect upbeat profit picture for 2025

Banks expect upbeat profit picture for 2025

The Vietnamese banking sector has set higher profit targets for 2015 than in recent years.
Inspiring business figures underpin Eximbank's future growth

Inspiring business figures underpin Eximbank's future growth

Eximbank’s pre-tax profit reached a record $167.5 million in 2024 with exceptional growth indicators despite the sector facing numerous challenges.
Banks' profit picture in Q3 creates mixed sentiment

Banks' profit picture in Q3 creates mixed sentiment

Banks are releasing their third-quarter business results, and sentiments have been mixed about their profit picture.
Gelex and Bamboo Capital hold significant stakes in Eximbank

Gelex and Bamboo Capital hold significant stakes in Eximbank

Gelex Group and Bamboo Capital Group have been revealed to be the largest shareholders in Eximbank.
Several Vietnamese banks see top-tier reshuffles

Several Vietnamese banks see top-tier reshuffles

Some banks in Vietnam, including Eximbank, PGBank, and VIB, have recently undergone significant leadership changes.
Banks bolster financial strength via M&As and capital hikes

Banks bolster financial strength via M&As and capital hikes

Vietnamese banks are busy raising capital to bolster financial health.
SMBC divests from Eximbank after 15 years

SMBC divests from Eximbank after 15 years

Sumitomo Mitsui Banking Corporation (SMBC) has divested from Vietnam Export Import Commercial Joint Stock Bank (Eximbank) after 15 years of strategic alliance.
Launching Eximbank EDigi digital bank on a modern platform

Launching Eximbank EDigi digital bank on a modern platform

Eximbank introduces Eximbank EDigi, a digital bank that combines Internet Banking and Mobile Banking platforms.
Banks deliver upbeat first-half performance

Banks deliver upbeat first-half performance

A raft of banks has released their second-quarter and first-half financial reports, rendering a rosy profit picture during the period.
SMBC terminates strategic alliance with Eximbank

SMBC terminates strategic alliance with Eximbank

The Japanese financial giant Sumitomo Mitsui Banking Corporation (SMBC) announced its exit from Vietnam's privately-held lender Eximbank on March 18.
Luong Thi Cam Tu succeeds Yasuhiro Saitoh as new chairwoman of Eximbank

Luong Thi Cam Tu succeeds Yasuhiro Saitoh as new chairwoman of Eximbank

At the latest annual meeting of shareholders of Eximbank, Luong Thi Cam Tu has been chosen to succeed Yasuhiro Saitoh as newly-appointed chairwoman of the bank's board of directors in the 2020-2025 tenure.
Lenders promise investment scale-up

Lenders promise investment scale-up

The dissolution of a 15-year collaboration between Eximbank and Japan’s Sumitomo Mitsui Banking Corporation, its largest foreign strategic shareholder, could pave the way for a fresh start after a number of financial and internal conflicts plagued the former.
Vietnam's Eximbank and Japan's SMBC officially break up after 14 years

Vietnam's Eximbank and Japan's SMBC officially break up after 14 years

Eximbank and SMBC's 14-year strategic collaboration arrangement has finally come to an end.
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