Banking

ABBANK Expects 2019 Profits To Increase By 30 Per Cent

Intellasia East Asia News An Binh Commercial Joint Stock Bank (ABBANK) expects to achieve VND1.22 trillion (US$52.4 mi... Read more

VPBank Settles $129.7 Million VAMC Bonds

Intellasia East Asia News The Vietnam Prosperity Joint Stock Commercial Bank (VPBank) on Wednesday completed settling ... Read more

Reference Exchange Rate Down On December 25

Intellasia East Asia News The State Bank of Vietnam set the daily reference exchange rate at 23,163 VND/USD on Decembe... Read more

Banks Likely To Enjoy Big Fat Earnings Again This Year

Intellasia East Asia News Though the fiscal year 2019 is yet to end, early reports suggest major commercial banks in V... Read more

Life Insurance Sales Channel Becomes Increasingly Flexible

Intellasia East Asia News In addition to selling insurance through agents and banks (bancassurance), cooperating with ... Read more

Consumer Credit Hardly Boom In Tet Season Despite Available Growth Room

Intellasia East Asia News The end of the year is an opportunity for banks as well as finance companies to boost consum... Read more

PGBanks Business Operation At A Standstill

Intellasia East Asia News The unsuccessful merger with another bank has made Petrolimex Global Commercial Joint Stock ... Read more

Credit Growth Reaches Nearly 10pct

Intellasia East Asia News According to updated information from the State Bank of Vietnam (SBV), by the end of October... Read more

Vietnamese Banks Project Better-than-expected Profits

Intellasia East Asia News Several Vietnamese banks have forecast that their full-year profits for 2019 will surpass th... Read more

OCB Officially Trades And Provides Interest Rate Derivative Products

Intellasia East Asia News The Governor of the State Bank of Vietnam (SBV) had just decided to add the operation conten... Read more

Many Banks Struggle With The Thirst For Medium And Long-term Capital

Intellasia East Asia News Although liquidity had improved, many banks found it challenging to answer the current deman... Read more

Generali Vietnam Launches First Instore & Online-distributed Health Insurance Product

Intellasia East Asia News “VITASong Nhu Y” the first online and in-store insurance product in Vietnam. The general... Read more

Moodys Turns Outlook Of Mong Duong Finance To Negative

Intellasia East Asia News The negative outlook on the rating mirrors the negative outlook on Vietnam’s sovereign rat... Read more

Banks Continuously Report Profits In 2019

Intellasia East Asia News Although the 2019 fiscal year has not yet ended, banks have fervently announcing profits for... Read more

VPBank To Provide Green Power Loans

Intellasia East Asia News The Vietnam Joint Stock Commercial VPBank and roof-top solar power solution supplier, SolarG... Read more