For the sixth year in a row Sacombank won the prestigious Asian Banking and Finance Retail Banking Awards given away by The Asian Banking and Finance Magazine.
Citi announced on Wednesday it has completed the sale of Citi’s Vietnam retail banking and consumer credit card businesses to United Overseas Bank Limited (UOB), which includes the transfer of approximately 575 related staff.
The COVID-19 pandemic has speeded up the banking sector’s awareness of digitisation by three to five years and forced lenders to accelerate the process to survive and grow.
Viet Nam News reporter Thu Ngan talks with exclusives from companies to share their view about the development, the trend and the security of cashless payment in Viet Nam in the coming time.
Its constant efforts to innovative and diversified products and services and offer optimal financial solutions have fetched the HCM City Development Joint Stock Commercial Bank (HDBank) the “Vietnam Outstanding Banking Award” for 2018 from IDG Vietnam and the Vietnam Banks...
Commercial banks are expecting the revenue from fees and retail banking services to become their main income sources this year, as a result of rising market demands.
Banks are investing significantly in retail banking services instead of only focusing on corporate lending in the hope of gaining higher profits from the potential segment this year.
The Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank) on October 20 appointed Thomas William Tobin as Retail Banking Director, the bank’s first foreign senior executive.