Tag: Vietcombank
Adjusting ownership rate for foreign investors in banking sector is a long-term strategy
As the market is witnessing adjustments in the rate of ownership for foreign investors in banks, analysts say that it depends on the strategy and business plan of each bank from time to time.
Banks continually cut lending rates to aid pandemic-affected customers
Commercial banks have continuously announced lending interest rate reductions to support and accompany customers to overcome the adverse impact of the COVID-19 pandemic.
Top 10 prestigious commercial banks 2021 announced
The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) again tops the list of ten most prestigious commercial banks in Vietnam this year, according to the latest ranking announced by Vietnam Report.
Banks lending big to keep agriculture sector ticking
According to the State Bank of Vietnam’s department of credit for economic sectors, as of April credit injected into rural and agricultural development had reached VND2.3 quadrillion (US$100 billion), or 24.6% of the banking sector’s total loans.
Leading bank sponsors thermal power project in Quang Binh
The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) will provide a credit worth VND27.1 trillion (US$1.18 billion) for the Quang Trach 1 thermal power project in the centreal province of Quang Binh.
Top 10 public companies in 2021, affirming banking sector’s growth potential
Vietnam Report Joint Stock Company has recently announced Vietnam’s Top 10 prestigious and effective public companies in 2021 with six of them in banking and finance sectors including Vietcombank, ACB, VPBank, VIB, MBBank and Techcombank.
National COVID-19 vaccine fund receives US$338 million
As of 5pm on June 28, the national COVID-19 vaccine fund received over VND7.8 trillion (US$338 million), its management board said.
Local banks earn high profits from bancassurance activities
Local credit institutions are enjoying a rise in bancassurance activities with more exclusive deals coming, according to industry insiders.
VNPAY-QR payment solution secures strong position following rapid growth
VOV.VN - VNPAY-QR payment solution, a national brand that has consistently recorded impressive growth during the early part of the year, has been helping users to quickly pay for their shopping bills and other services in a manner which is both safe and convenient whilst not using cash.
Vietcombank named Vietnam’s Strongest Bank by Balance Sheet for six consecutive years
The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) topped the rankings in Vietnam and placed 55th in Asia-Pacific in The Asian Banker’s Strongest Bank by Balance Sheet this year.
