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VPBank
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World Bank's financing arm bankrolls Vietnamese bank to support SMEs
The $125 million loan is the largest a foreign organization has granted a local commercial bank this year.
Vietnamese banks H1 profits surge
Banks reported solid first half earnings, mostly as a result of rising non-interest income and recovery of bad debts and return on investments in some cases.
Vietnam banks warn of scam calls and emails for credit card info
Several banks in Vietnam have warned customers about credit card info being stolen using scam emails or phone calls.
July 26, 2018 | 04:58 pm PT
Vietnam’s blue chips fall faster than stock market plunge
As business results fall short of targets, Vietnamese blue chips are falling faster than the stock market’s continued plunge.
November 24, 2018 | 05:46 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
How a non-banking credit firm changed Vietnam consumer lending
With Vietnam’s rapid growth in consumer financing, there’s greater need for innovation to deliver a seamless and pleasurable customer experience.
July 1, 2019 | 05:00 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
Few takers for Vietnam’s international corporate bonds
Vietnamese enterprises have offered $1.75 billion worth of bonds in international markets, but sold just $300 million this year.
September 22, 2019 | 05:12 pm PT
IFC provides $213 mln green loan to VPBank
International Finance Corporation (IFC) will offer private VPBank a financing package of $212.5 million to assist small- and medium-enterprises as well as green projects.
January 16, 2020 | 12:00 am PT
VPBank profits jump 26 pct
Lender VPBank reported a 26 percent jump in pre-tax profit last year to VND13 trillion ($564.24 million).
January 20, 2021 | 11:03 pm PT
Future of Vietnam’s leading consumer finance company decided: analysts
VPBank will either sell its stake in fully-owned subsidiary FE Credit next quarter or make an initial public offering by year end.
February 24, 2021 | 04:22 pm PT
Japanese giant takes stake in Vietnam consumer lending firm
Japan’s Sumitomo Mitsui Financial Group has signed an agreement to purchase a 49 percent stake in Vietnam’s biggest nonbank lender FE Credit.
April 28, 2021 | 06:00 am PT
FE Credit valuation 40 percent above industry average
Consumer credit firm FE Credit’s valuation is 40 percent higher than the industry average for deals struck in the last five years, a report says.
May 5, 2021 | 11:14 pm PT
FE Credit, zooming to a billion-dollar valuation
FE Credit, Vietnam's largest consumer finance company, is now worth more than a mid-sized bank, after a decade of operation.
May 7, 2021 | 08:30 pm PT
Dragon Capital hikes stake in VPBank
Investment fund Dragon Capital has bought 3.15 million VPBank shares to increase its holding in the lender by 0.13 percentage points.
May 14, 2021 | 09:30 pm PT
VPBank fixes 15 pct foreign ownership cap for listed stocks
Lender VPBank has set a 15 percent foreign ownership cap for its listed stocks to leave room for direct equity sales to a strategic investor.
May 19, 2021 | 05:10 am PT
VPBank to become Vietnam’s largest lender by charter capital next year
VPBank is set to triple its capital to VND75 trillion ($3.29 billion) next year, which will make it highest of any Vietnamese bank’s.
August 12, 2021 | 10:25 pm PT
VPBank sells 49 pct stake in FE Credit to Japanese group
VPBank has announced the sale of a 49 percent stake in FE Credit to SMBC Consumer Finance Co., Ltd (SMBCCF), a wholly-owned subsidiary of Japan’s Sumitomo Mitsui Financial Group, Inc. (SMBC Group).
October 29, 2021 | 02:30 am PT
Banks’ profits surge in Q1
Most banks grew their profits in double digits in the first quarter but asset quality worsened.
May 9, 2022 | 09:30 pm PT
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