Workers at a factory of Thành Công Textile Garment Investment Trading Joint Stock Company (TCM). TCM gained 6.6 per cent Friday. — VNA/VnExpress News Photo HÀ NỘI — Shares finished higher during the final trading session prior to the Tết holiday on Friday, propped up by the growth of banking …
Read More »Bank deposit growth of individual customers slowed in 2021
A customer deposits at a bank. Deposits of individual customers at banks by the end of November last year increased only nearly 2.63 per cent, the lowest growth rate in many years. Photo cafef.vn HÀ NỘI — The deposit growth rate of individual customers at banks slowed last year due …
Read More »SBV focuses on improving credit quality
Headquarters of the State Bank of Vietnam. Photo SBV HÀ NỘI — Governor of the State Bank of Vietnam (SBV) Nguyễn Thị Hồng has issued Directive No.01/CT-NHNN on organising the implementation of the key tasks of the banking sector, with a focus on improving credit quality and tightly controlling loans …
Read More »SeABank to offer over 181.3 million shares to shareholders
SeABank offers more than 181.3 million shares to its existing shareholders to raise its charter capital to $731 million. Photo tinnhanhchungkhoan.vn Hà Nội — Southeast Asia Commercial Joint Stock Bank (SeABank) has received approval for its public offering of over 181.3 million shares to existing shareholders at a price …
Read More »VN banks expect to sell more shares to foreign investors in 2022
Customers trade at an Orient Commercial Bank (OCB)’s office. OCB is negotiating with foreign partners to sell 10 per cent of its charter capital. — VNA/VnExpress News Photo HÀ NỘI — A number of Vietnamese banks plan to sell more shares to foreign investors in 2022 as part of set strategies. Leaders of …
Read More »Banks’ charter capital surged in 2021
A BIDV office in Hà Nội. By the end of last year, BIDV was the bank with the largest charter capital in the Vietnamese banking system. — VNA/VnExpress News Photo HÀ NỘI — Banks increased their charter capital by more than VNĐ110 quadrillion in 2021 – the highest annual growth to date …
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