Tags: techcombank

Vietnamese banks see improved solvency

Vietnamese banks see improved solvency

Banks in Vietnam posted solid profit growth and asset quality improvements in 2019, benefiting from the country's robust macro-economic environment, Moody's Investors Service said

Local commercial banks cut interbank transfer fees

Local commercial banks cut interbank transfer fees

Seventeen out of 45 commercial banks slashed the fees for interbank transfers of small sums worth less than 500,000 VND (21.5 USD) following the move of the National Payment Corporation of Vietnam (NAPAS) to cut switching fees with an aim to promote cashless payments.

Twelve banks clear all bad debts at VAMC

Twelve banks clear all bad debts at VAMC

Twelve out of 40 commercial banks have so far cleared all their non-performing loans (NPLs) kept at the Vietnam Asset Management Company (VAMC).

Consumers warned of online trading frauds on Tet holiday

Consumers warned of online trading frauds on Tet holiday

Since the quantity of trading normally witnesses a significant growth when Tet holiday approaches, sophisticated frauds are more likely to happen. Several commercial banks have issued their warning and tips to avoid such swindles, especially in online trading.

Techcombank to issue 3.5 million shares to employees

Techcombank to issue 3.5 million shares to employees

The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) plans to issue more than 3.5 million shares for its employees in the form of an employee stock ownership plan (ESOP) at the price of 10,000 VND per share.