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MHB

Bank employees get raises in Q1

Bank employees get raises in Q1

Commercial banks employees have received higher salaries in the first quarter this year thanks to the improved performance of banks.
State owns parts of 8 local banks

State owns parts of 8 local banks

After four years of restructuring the banking system, total charter capital owned by the State Bank of Viet Nam (SBV) at commercial banks increased 1.7 times.
BIDV off-loads 331 million of bad debt to VAMC

BIDV off-loads $331 million of bad debt to VAMC

The Bank for Investment and Development of Vietnam (BIDV) has sold VND7 trillion (US$311 million) worth of bad debts to the Vietnam Asset Management Company (VAMC) so far this year.
BIDV increases charter capital to 1.44b after MHB merger

BIDV increases charter capital to $1.44b after MHB merger

The bank for Development and Investment of Viet Nam (BIDV) officially announced a 12 per cent rise in its registered capital from VND28.11 trillion (US$1.30 billion) to VND31.48 trillion ($1.44 billion).
BIDV confirms merger with MHB

BIDV confirms merger with MHB

The management board of the Bank for Investment and Development of Viet Nam (BIDV) announced its plan to merge with the Mekong Housing Bank (MHB) at a shareholders meeting on April 17.
MHB set to merge with BIDV: official

MHB set to merge with BIDV: official

The Mekong Housing Bank (MHB) will collaborate with the Bank for Investment and Development of Viet Nam (BIDV) to complete their merger this year.
City eyes 50% hike in preferential loans to firms

City eyes 50% hike in preferential loans to firms

HCM City, which has already almost achieved its full-year target for preferential lending to enterprises, is seeking to increase the number by half, a conference heard yesterday .
Housing bank offers preferential loans

Housing bank offers preferential loans

The Mekong Housing Bank announced on March 26 that it is offering a loan package worth VND2 trillion, or US$95.24 million, at a preferential interest rate of 8.5 per cent.
Banking sector audit shows mixed results

Banking sector audit shows mixed results

The State Audit of Viet Nam (SAV) has said the State Bank of Viet Nam''s monetary policies ensured stable exchange rates and a liquid banking sector, in a report sent to the National Assembly this week.
Banks offer preferential credit to City borrowers

Banks offer preferential credit to City borrowers

Ten banks took part in a ceremony in HCM City to lend to 44 businesses and two households in two districts at preferential interest rates.
HNX and HOSE close at the same time

HNX and HOSE close at the same time

The Hanoi Stock Exchange (HNX) has extended its afternoon trading hours, coming in line with the HCM City Stock Exchange (HOSE) as the two markets closed at the same time today for the first time.