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Vietnamese bank

Five banks earned profits of more than VNĐ10 trillion in H1 2023

Five banks earned profits of more than VNĐ10 trillion in H1 2023

Five banks in Việt Nam recorded a pre-tax profit of more than VNĐ10 trillion (US$422 million) in the first six months of this year, financial statements of the banks showed.
Vietnam Banks Association urges Visa, Mastercard to reduce fees

Vietnam Banks Association urges Visa, Mastercard to reduce fees

The Vietnam Banks Association (VNBA) has urged international card organisations Visa and Mastercard to reduce several types of fees on Vietnamese banks amid the fourth wave of COVID-19 pandemic in Viet Nam.
Vietnamese banks rating outlooks lowered on COVID-19 impact

Vietnamese banks' rating outlooks lowered on COVID-19 impact

Fitch Ratings has revised the outlook on the long-term issuer default ratings (IDRs) of two State-owned banks and a wholly foreign-owned bank in Việt Nam to Stable from Positive, and the outlooks for two joint stock commercial banks to Negative...
Banks willing to take risk, move abroad

Banks willing to take risk, move abroad

The Ha Noi-Sai Gon Commercial Joint Stock Bank (SHB) opened its fully-owned SHB Bank Limited in Laos in mid-January by upgrading the transaction office it had set up in 2012.
BIDV to open representative office in Russia

BIDV to open representative office in Russia

The Bank for Investment and Development of Viet Nam (BIDV) was, last week, allowed by the State Bank of Viet Nam (SBV) to open a representative office in Moscow, Russia.