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Saigon Securities

SSI targets 19 per cent profit growth in 2024

SSI targets 19 per cent profit growth in 2024

Saigon Securities Corporation targets VNĐ8.1 trillion (US$318.69 million) in consolidated revenues and VNĐ3.4 trillion ($133.8 million) in pre-tax profits for 2024, up respectively 11 per cent and 19 per cent from last year.
Interbank interest rates cool down thanks to good liquidity

Interbank interest rates cool down thanks to good liquidity

The liquidity of the banking system has risen recently, helping cool interbank interest rates.
Banks start to release business plans for 2020

Banks start to release business plans for 2020

Major banks are still expecting to report growth in the first quarter and for the rest of 2020 despite the disruptions caused by the COVID-19 pandemic.
Banks rush to issue bonds ahead of capital requirement deadline

Banks rush to issue bonds ahead of capital requirement deadline

Rising medium- and long-term capital demands to meet stricter regulations on credit safety limits were putting pressure on commercial banks to issue bonds in the final months of the year.
Securities stocks lose shine for investors

Securities stocks lose shine for investors

Shares in securities companies seem to have lost their shine for investors in the face of fierce competition from foreign-invested firms.
Central bank resumes net injection to ease liquidity pressure

Central bank resumes net injection to ease liquidity pressure

The State Bank of Viet Nam has resumed open market operations for the first time since Tet (Lunar New Year) to improve liquidity in the banking system.
SSI receives 55 million unsecured loan from abroad

SSI receives $55 million unsecured loan from abroad

SSI Securities Corporation (SSI) on Thursday signed an unsecured loan contract worth US$55 million with a financial institution group, led by Taiwan’s SinoPac Bank.
Vietnamese dong given stable outlook

Vietnamese dong given stable outlook

The Vietnamese dong would be steady next months, buoyed by positive foreign inflow and reasonable gap between interest rates of the dong and the US dollar as well as the stability of the Chinese renminbi, experts said.
G-bond yields hit seven-month low

G-bond yields hit seven-month low

The yield of Government bonds (G-bond) has continued to decline and hit seven-month lows as the US Federal Reserve (Fed) seems unlikely to hike interest rates and the domestic monetary market has shown positive movements.
Bank liquidity abundant after Tet

Bank liquidity abundant after Tet

Liquidity of the banking system has been plentiful again after the Lunar New Year, helping the central bank net withdraw more than VND51.55 trillion (US$2.2 billion) in the past week.
Central bank net injected 2b to meet high capital demand at year-end

Central bank net injected $2b to meet high capital demand at year-end

The State Bank of Viet Nam (SBV) net injected more than VND47.5 trillion (US$2 billion) into the open market operation (OMO) last week to support the liquidity of the banking system amid rising capital demands at the end of the...
SBV building currency reserves

SBV building currency reserves

The State Bank of Viet Nam (SBV) has so far this year bought more than US$1 billion from commercial banks to build up the nation’s foreign currency reserves.
Dragon Capital becomes major shareholder in VNs top three brokerages

Dragon Capital becomes major shareholder in VN’s top three brokerages

HCM City-based fund management company, Dragon Capital, has become a major shareholder in Viet Nam’s three biggest securities firms.
SSI changes name on 18th anniversary

SSI changes name on 18th anniversary

Saigon Securities Incorporation (HOSE: SSI) changed its name to SSI Securities Corporation on its 18th anniversary on Tuesday.
Securities firm SSI reports sharp rise in profits

Securities firm SSI reports sharp rise in profits

Saigon Securities Inc. reported strong growth in the third quarter despite the securities market correction, with profits surging 227 per cent to VND541.6 billion (US$23.16 million) and revenues by 53 per cent of VND958.8 billion ($41.01 million).