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Saigon - Hanoi Commercial Joint Stock Bank

Krungsri seeks to accelerate purchase of 50% of SHBFinances charter capital

Krungsri seeks to accelerate purchase of 50% of SHBFinance’s charter capital

Ayudhya Public Bank Limited (Krungsri), a member of Japan''s MUFG Group, has proposed to Saigon - Hanoi Commercial Joint Stock Bank (SHB) that it accelerate the acquisition of the remaining 50 per cent of SHBFinance’s charter capital.
SHB earns almost VNĐ7 trillion profit in H1

SHB earns almost VNĐ7 trillion profit in H1

In the second quarter alone, SHB recorded a pre-tax profit of VNĐ2.84 trillion, up 15 per cent over the same period last year. This was the highest profit in the second quarter ever for this bank.
IFC plans to pour US320 million into three Vietnamese banks

IFC plans to pour US$320 million into three Vietnamese banks

The banks are the Saigon-Hanoi Commercial Joint Stock Bank (SHB), Vietnam International Commercial Joint Stock Bank (VIB), and Oriental Commercial Joint Stock Bank (OCB).
SHB launches scheme to offer interest rate cuts

SHB launches scheme to offer interest rate cuts

The Saigon-Hanoi Commercial JS Bank (SHB) has launched a scheme to offer preferential loans to its customers with a 2-per-cent cut on interest rates.
Banks deny involvement in Tan Hoang Minhs bond issuance scandal

Banks deny involvement in Tan Hoang Minh's bond issuance scandal

Vietinbank and Saigon Hanoi Commercial Joint Stock Bank (SHB) said that they do not provide securities and payment guarantee services, do not invest and distribute bonds issued by Tan Hoang Minh Group.
SHB allowed to temporarily lock foreign ownership ratio at 10%

SHB allowed to temporarily lock foreign ownership ratio at 10%

Saigon-Hanoi Commercial Joint Stock Bank (SHB) on Thursday announced it had received approval from the State Securities Commission of Viet Nam (SSC) to temporarily lock the foreign ownership ratio at 10 per cent to implement the plan of offering and issuing...
Vietnam Airlines signs 173.7m credit deal with three banks

Vietnam Airlines signs $173.7m credit deal with three banks

National flag carrier Vietnam Airlines has signed a credit deal, worth VND4 trillion (US$173.7 million), with three commercial banks, to weather the financial impact of the COVID-19 pandemic.
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.
SHB approved merger with VVF in principle

SHB approved merger with VVF in principle

The State Bank of Viet Nam this week approved in principle a plan to merge the Saigon-Hanoi Commercial Joint Stock Bank (SHB) and the Vinaconex-Viettel Finance JSC (VVF).
Growing deposits puts SHB in top 10

Growing deposits puts SHB in top 10

The Saigon-Hanoi Commercial Joint Stock Bank (SHB) has been rated fourth among the Asia-Pacific''s top ten banks with the largest growth in deposits.