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GPBank

Commercial banks raise deposit rates

Commercial banks raise deposit rates

VPBank, Bac A Bank and GPBank raised deposit interest rates this morning for deposits with terms within 1-5 months. 
SBV reduces control of 3 banks

SBV reduces control of 3 banks

The State Bank of Viet Nam is reducing special control on three banks that it acquired with zero dong thanks to the banks'' improving liquidity and business performance.
SBV suspends GP Banks leaders

SBV suspends GP Bank's leaders

The State Bank of Vietnam (SBV) announced on May 26 that it recently suspended the rights and obligations of the representatives of Global Petroleum Joint Stock Commercial Bank (GP Bank).
UOB ready to acquire GP Bank

UOB ready to acquire GP Bank

Singapore''s United Overseas Bank (UOB) is close to sealing a deal to buy 100 per cent stake in the Vietnamese small-lender GP Bank.
VAMC issues first batch of bonds

VAMC issues first batch of bonds

Vietnam Asset Management Company (VAMC) will issue the first batch of bonds worth VND792.66 billion (US$37.7 million) to buy bad debts from SHB, SCB and PGBank, according to a report from the State Bank of Viet Nam on Monday.
Singaporean bank may buy into GPBank

Singaporean bank may buy into GPBank

Singapore''s United Overseas Bank may acquire a significant stake of GPBank if authorised, according to a private source of Dau tu (Vietnam Investment Review) online.