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FinFan, BIDV partner to drive innovation in cross-border payment solutions

FinFan, BIDV partner to drive innovation in cross-border payment solutions

Vietnam's BIDV and FinFan have signed a Memorandum of Understanding (MoU) to modernize payment infrastructure and strengthen Vietnam's connection to global financial networks.
Customers rush to banks for biometric verification as Jan 1 deadline nears

Customers rush to banks for biometric verification as Jan 1 deadline nears

3 banks now allow online registration for gold purchases

3 banks now allow online registration for gold purchases

Central bank to sell gold through 4 state-owned lenders

Central bank to sell gold through 4 state-owned lenders

The State Bank of Vietnam (SBV), in a move to stabilize gold prices, will sell gold bars to four state-owned lenders so they can distribute to retail buyers.
May 29, 2024 | 12:19 am PT
State-owned banks maintain double-digit growth

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.
January 20, 2024 | 06:26 pm PT
Big 4 banks represent 41.9% of total credit, 50% of total deposits

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.
January 14, 2024 | 02:15 am PT
State-owned lenders pay dividends with shares to hike capital

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%

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, 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

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 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

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

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

‘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

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

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
Vietnam commercial banks report no losses in H1

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 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
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