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VietinBank pre-tax H1 profits up 75 pct

VietinBank pre-tax H1 profits up 75 pct

State-owned lender VietinBank has recorded pre-tax profits of VND13 trillion ($565.2 million) in the first six months of 2021, a year-on-year increase of 75 percent.
VietinBank to pay dividends in shares for last three years

VietinBank to pay dividends in shares for last three years

The government has approved VietinBank's plans to pay dividends for 2017-19 at a total rate of 28.79 shares for every 100 owned.
May 25, 2021 | 11:55 am GMT+7
VietinBank eyes 29 pct charter capital hike

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.
November 17, 2020 | 02:47 pm GMT+7
IFC unloads VietinBank stake

IFC unloads VietinBank stake

World Bank’s International Finance Corp (IFC) has shed a 1.5 percent share in VietinBank following an earlier divestment.
January 14, 2020 | 03:29 pm GMT+7
VietinBank profits surge 83 pct

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

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

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

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 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

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

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

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

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

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
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