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State-owned banks get green light to pay dividends in stock

State-owned banks get green light to pay dividends in stock

A new government decree allows state-owned banks to pay dividends in stocks and capitalize profits to increase their capital to meet international norms.

Capital hike could mitigate Agribank's profit drop

Capital hike could mitigate Agribank's profit drop

Agribank’s expected 20 percent drop in profits this year could be kept to 15 percent with a capital infusion, a top executive said.

BIDV issues bonds worth $216 million

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

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

Foreign investment crucial to Vietnamese banks in 2019: Moody’s

Foreign investment crucial to Vietnamese banks in 2019: Moody’s

Most Vietnamese banks fall short of international capital adequacy norms and have to focus on attracting foreign capital this year, Moody’s has said.

February 25, 2019 | 08:33 pm PT

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