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State-owned banks maintain double-digit growth
While several private banks broke their rising profit streaks in 2023, state-owned banks maintained double-digit growth rates.
Big 4 banks represent 41.9% of total credit, 50% of total deposits
Vietnam's four largest commercial banks - Vietcombank, BIDV, Agribank and VietinBank (the Big 4) - in 2023 accounted for 41.9% of total outstanding loans and about 50% of the total deposits of the country's banking system.
State-owned lenders pay dividends with shares to hike capital
Three of the “Big Four” state-owned lenders either will pay dividends with shares as a way to raise capital this year.
November 17, 2023 | 04:46 pm PT
Banks lower deposit interest rates to below 6%
Four state-owned banks and a dozen private lenders have dropped their deposit interest rates to below 6%from as high as7.5-8% earlier this year.
August 24, 2023 | 03:44 pm PT
Kusto Home, BIDV Gia Dinh hold signing ceremony of Urban Green project financing
Kusto Home, the real estate brand of Kusto Group, signed a cooperation deal with BIDV on Jul. 7 to implement financial support for the Urban Green project in HCMC.
July 10, 2022 | 06:00 pm PT
BIDV profit surges 85 pct
State-owned lender BIDV saw pre-tax profit in the first half surging 85 percent year-on-year to VND8.1 trillion ($351.93 million).
July 31, 2021 | 03:56 pm PT
BIDV gets new CEO
BIDV has named deputy director Le Ngoc Lam as its new CEO, finally filling up a post that has been lying vacant for two years.
March 13, 2021 | 04:15 am PT
Two men wanted for Hanoi bank robbery
Hanoi police are searching for two men who robbed a BIDV bank branch off VND942 million ($41,000) at gunpoint Monday morning.
July 27, 2020 | 06:57 am PT
Vingroup makes jump in Forbes Global 2000 list
Vietnam's largest private company, Vingroup, and three of its biggest banks have climbed up the Forbes list of the world’s 2,000 largest listed firms.
May 14, 2020 | 10:29 pm PT
‘Big 4’ banks low on capital, could stop lending
Vietnam’s four major state-owned banks might have to stop lending due to their low capital adequacy ratios, a central bank official has warned.
December 2, 2019 | 09:01 pm PT
Get private sector into debt trade, Vietnam advised
Vietnam’s debt-trading market is limited to two state-owned asset management companies and banks, but needs private players to increase liquidity, experts say.
November 16, 2019 | 10:31 pm PT
BIDV issues bonds worth $216 million
Vietnam’s largest bank by assets, BIDV, has issued VND5 trillion ($215.6 million) worth of bonds to augment capital.
November 4, 2019 | 01:32 am PT
BIDV charter capital Vietnam’s highest following stake sale
State-owned BIDV has become the largest bank by charter capital in Vietnam after selling a 15 percent stake to South Korea's KEB Hana Bank.
November 2, 2019 | 09:40 pm PT
Vietnam commercial banks report no losses in H1
Among 25 banks that have announced first-half business results, none reported losses and some have posted robust profit growth.
August 1, 2019 | 04:22 am PT
BIDV to sell 15 pct stake to South Korea’s KEB Hana Bank
BIDV would sell a 15 percent stake for VND20.295 trillion ($874 million) to KEB Hana Bank through a private placement.
July 22, 2019 | 08:13 pm PT
Former chairman of top Vietnam bank dies in prison
Tran Bac Ha, former chairman of BIDV, died while being held for alleged banking violations in Hanoi.
July 17, 2019 | 11:01 pm PT
Local banks continue issuing bonds to raise capital
Vietnamese banks are persisting with the issue of bonds to comply with credit safety regulations and meet rising credit demand.
May 27, 2019 | 07:45 pm PT
Vietnam banks among 500 most valuable brands
Four Vietnamese lenders, three state-owned and one private, are among the world’s top 500 most valuable brands this year.
February 14, 2019 | 11:23 pm PT
Former banker arrested amid corruption crackdown
Police arrested a former executive of BIDV, a bank that has come under scrutiny amid national anti-graft campaign, in HCMC Tuesday.
January 9, 2019 | 09:11 pm PT
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