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VietinBank
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VietinBank eyes 29 pct charter capital hike
State-owned VietinBank plans to increase its charter capital by nearly 29 percent to VND47.9 trillion ($2.07 billion) by issuing shares to pay dividends.
IFC unloads VietinBank stake
World Bank’s International Finance Corp (IFC) has shed a 1.5 percent share in VietinBank following an earlier divestment.
VietinBank profits surge 83 pct
VietinBank, Vietnam's third largest bank by asset, has reported an 83 percent increase in pre-tax profits to almost VND11.5 trillion ($495 million) in 2019.
January 08, 2020 | 01:33 pm GMT+7
IFC offloads 1.5 pct stake in VietinBank
The International Finance Corporation (IFC) has sold nearly 57.4 million shares of VietinBank, a 1.54 percent stake.
November 20, 2019 | 07:16 pm GMT+7
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 01, 2019 | 07:22 pm GMT+7
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 28, 2019 | 10:45 am GMT+7
VietinBank to sell its stake in Saigonbank
VietinBank will sell its remaining 4.91 percent stake in Saigonbank next Friday via an auction, the Hanoi Stock Exchange announced.
April 11, 2019 | 10:38 am GMT+7
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 15, 2019 | 02:23 pm GMT+7
Three banks report plunge in profits
While profit across the banking sector grew by an estimated 40 percent last year, VietinBank, LienVietPostBank and SaigonBank have reported steep declines.
January 25, 2019 | 08:08 pm GMT+7
VietinBank running out of options to raise capital
International norms require VietinBank to increase its capital, but its current ownership structure leaves little room to act.
December 13, 2018 | 09:02 am GMT+7
Vietcombank, VietinBank lend $132 mln to upgrade former US airbase
The credit is to help expand the overloaded Cam Ranh International Airport in central Vietnam.
February 28, 2017 | 08:52 am GMT+7
Jetstar secures $117 mln credit deal with VietinBank to buy Airbus planes
The purchase was finalised last month during a visit to Vietnam by French President Francois Hollande
October 11, 2016 | 04:58 pm GMT+7
Vietnam sticks to $45- billion state budget collection plan this year
Prime Minister Nguyen Xuan Phuc has asked the Ministry of Finance, relevant ministries and local governments to strive to implement the 2016 state budget collection scheme, which has been approved by the National Assembly.
June 07, 2016 | 08:14 am GMT+7
Vietnam’s third largest bank to sell its stake in SaigonBank
State-owned VietinBank will sell nearly 17 million holding shares in Saigonbank, equivalent to over five percent of the bank's charter capital, to reduce ownership cap down to about five percent with only 15.12 million shares.
May 21, 2016 | 01:25 pm GMT+7
VietinBank ranked highest of Vietnam’s banks in Top 100 ASEAN Banks 2016
Among the 19 Vietnamese commercial banks listed in the Top 100 ASEAN Banks 2016 report released on April 8, VietinBank claimed top spot in terms of core capital and pre-tax profit.
April 09, 2016 | 12:20 pm GMT+7