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Vietnam Prosperity Joint Stock Commercial Bank

SMEDF partners with VPBank to facilitate SMEs access to preferential loans

SMEDF partners with VPBank to facilitate SMEs access to preferential loans

Chairman of SMEDF''s Board of Members Phạm Xuân Kiên highlighted that SMEs account for about 98 per cent of all businesses in the country, significantly contributing to the GDP.
VPBank plans to pay cash dividend at 10 per cent this year

VPBank plans to pay cash dividend at 10 per cent this year

The expected implementation time is in the second and third quarters of 2023.
AIIB approves 100-million loan to VPBank

AIIB approves $100-million loan to VPBank

"Small and medium enterprises are the backbone of the economy and by injecting liquidity into the market, we can help this critical sector as part of the overall economic recovery in Viet Nam," said AIIB Vice President, Investment Operations, D.J....
VPBank confident of beating 2020 profit target

VPBank confident of beating 2020 profit target

Pre-tax profit was estimated to reach VND5.1 trillion in May, equal to 50 per cent of the year’s plan
Moodys places five VN financial institutions on review for downgrade

Moody's places five VN financial institutions on review for downgrade

Moody''s Investors Service has placed the long-term ratings and assessments of three Vietnamese finance companies and two Vietnamese banks on review for downgrade.
VPBank provided with loan to undertake green projects

VPBank provided with loan to undertake green projects

The Vietnam Prosperity Joint Stock Commercial Bank (VPBank) has signed a green credit loan agreement worth US$212 million with the International Finance Corporation and other international co-financiers in Hà Nội.
VPBank settles US129.7 million VAMC bonds

VPBank settles US$129.7 million VAMC bonds

The Vietnam Prosperity Joint Stock Commercial Bank (VPBank) on Wednesday completed settling a total of VND3 trillion (US$129.7 million) worth of bonds sold to the Vietnam Asset Management Company (VAMC).
Banks offering more and more free deals

Banks offering more and more free deals

This is a far cry from two years ago, when charges were placed on electronic services in a bid to increase bank revenue.
VPBank reports substantial profit growth in nine months on expense cut, asset improvement

VPBank reports substantial profit growth in nine months on expense cut, asset improvement

As of the end of September 2019, the non-performing loan (NPL) rate was 3.10 per cent, which was down from last year’s September-end rate of 4.24 per cent.
VPBank targets 50 million treasury stocks

VPBank targets 50 million treasury stocks

The Vietnam Prosperity Joint Stock Commercial Bank (VPBank) in the fourth quarter will buy back 50 million shares, equal to 2 per cent of its total outstanding shares.
VPBank prices US300 million under 1-billion EMTN programme

VPBank prices US$300 million under $1-billion EMTN programme

The Vietnam Prosperity Joint Stock Commercial Bank (VPBank) has raised US$300 million from issuing three-year bond notes to international bondholders.
VPBank fixes foreign holding to prepare for private placement

VPBank fixes foreign holding to prepare for private placement

Vietnam Prosperity Joint Stock Commercial Bank (VPBank) has announced a temporary foreign ownership limit at 22.532 per cent of charter capital to prepare for a private placement.
VPBank plans to issue 33.7 million ESOP shares

VPBank plans to issue 33.7 million ESOP shares

Vietnam Prosperity Joint Stock Commercial Bank (VPBank) plans to issue nearly 33.7 million shares for its employees in the form of an employee stock ownership plan (ESOP) at the price of VND10,000 per share.
VPBank to buy back 73 million shares

VPBank to buy back 73 million shares

The Vietnam Prosperity Joint Stock Commercial Bank (VPBank) will buy back more than 73.2 million shares as treasury shares.