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commercial bank

For the first time, a Vietnamese bank has total assets exceeding US100 billion

For the first time, a Vietnamese bank has total assets exceeding US$100 billion

BIDV is reported to have a total consolidated assets reaching nearly VNĐ2.576 quadrillion (US$101.6 billion) as of September 30,  up 12 per cent over the beginning of this year, according to its third-quarter financial report.
Accelerating digital business, HDBank profits for first nine months up 46.6%

Accelerating digital business, HDBank profits for first nine months up 46.6%

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank - HoSE: HDB) has announced its earnings report for the first nine months of the year, with profits before tax surging 46.6 per cent from the same period last...
SMEDF partners with VPBank to facilitate SMEs access to preferential loans

SMEDF partners with VPBank to facilitate SMEs access to preferential loans

Chairman of SMEDF''s Board of Members Phạm Xuân Kiên highlighted that SMEs account for about 98 per cent of all businesses in the country, significantly contributing to the GDP.
New growth opportunities from zero-đồng bank transfers

New growth opportunities from zero-đồng bank transfers

This significant restructuring of credit institutions opens up numerous growth opportunities for both the receiving and transferred banks.
PGBank appoints new Acting Chief Executive Officer

PGBank appoints new Acting Chief Executive Officer

Speaking at the appointment ceremony, Hương expressed his gratitude to PGBank’s leaders for trusting him for the new position.
HDBank wins IR Award for Individual Investors Best Choice

HDBank wins IR Award for Individual Investors’ Best Choice

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank, stock code: HDB) received the Financial Large Cap Individual Investors’ Best Choice award at the 2024 IR Awards ceremony held in HCM City on September 24.
HDBank to further support customers affected by recent storm: chairman

HDBank to further support customers affected by recent storm: chairman

HDBank will also implement a 1 per cent reduction in interest rates for existing loans that support customers’ production and business activities. 
Proparco increases credit like to HDBank to 100 million, underpins sustainable development efforts

Proparco increases credit like to HDBank to $100 million, underpins sustainable development efforts

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank – HOSE: HDB) and Proparco, a French development finance institution, have signed a credit facility worth US$50 million in HCM City on September 16.
HDBank H1 profit tops 324 billion, bad debts at 1.59%

HDBank H1 profit tops $324 billion, bad debts at 1.59%

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank – HoSE: HDB) has reported a pre-tax profit  of over VNĐ8.16 trillion (US$324.47 million) for the first half of the year, up 48.9 per cent year-on-year driven by increased operational...
LPBank to be renamed Fortune Vietnam Joint Stock Commercial Bank

LPBank to be renamed Fortune Vietnam Joint Stock Commercial Bank

The new name, Lộc Phát Việt Nam, combines ''Lộc'' symbolising luck and opportunities for business cooperation and development, and ''Phát'', representing the fruitful results of collaboration and growth. It reflects the bank''s vision of prosperity and wealth shared with customers...
HDBank announces dates for 30% cash, stock dividends

HDBank announces dates for 30% cash, stock dividends

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank – HOSE: HDB) will pay dividends  of 30 per cent for 2023, 10 per cent in cash and 20 per cent in shares, following a resolution by its board...
HAGL raises 51mln from private placement

HAGL raises $51mln from private placement

All the investors have affiliations with Lien Viet Post Joint Stock Commercial Bank (LPBank).
Home Credit Vietnam sold to Thailand investors for 800 million euros

Home Credit Vietnam sold to Thailand investors for 800 million euros

Czech Republic consumer finance provider Home Credit Group has announced it will sell its Home Credit Vietnam business to The Siam Commercial Bank Public Company Limited (SCB), part of SCBX Public Company Limited (SCBX), for approximately 800 million euros (US$866 million).  
HDBank achieves best ever performance with 531m profit

HDBank achieves best ever performance with $531m profit

The Hồ Chí Minh City Development Joint Stock Commercial Bank, HDBank as it is commonly known, thanks to a development strategy focused on sustainable growth and effective risk management, overcame global economic headwinds and internal constraints to achieve good growth...
VPBank completes additional listing of nearly 1.2 billion shares

VPBank completes additional listing of nearly 1.2 billion shares

The Hồ Chí Minh City Stock Exchange (HoSE) has granted approval for the additional listing of approximately 1.2 billion VPB shares of Việt Nam Prosperity Joint Stock Commercial Bank (VPBank or VPB) starting from Wednesday.