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VPBank
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Nam Dinh running club to make debut at Ho Chi Minh City night run
Forty runners from the northern Nam Dinh Province will participate in the VPBank VnExpress Marathon Ho Chi Minh City Midnight on March 3, with many aiming for a sub-3 full marathon completion.
VPBank VnExpress Marathon Ho Chi Minh City Midnight receives AIMS certification
The VPBank VnExpress Marathon Ho Chi Minh City Midnight, scheduled for March 3, has received certification for all four distances from the Association of International Marathons and Distance Races (AIMS).
AIMS assesses Ho Chi Minh City night marathon routes
Kim Vivian, a specialist from AIMS, cycled and used specialized equipment to measure four routes of the VPBank Ho Chi Minh City Midnight 2024 race last month.
February 5, 2024 | 09:00 am PT
VPBank completes sale of 15% equity to Sumitomo Mitsui Banking Corporation
VPBank has accomplished its sale of 15% stake to Sumitomo Mitsui Banking Corporation, making the Japanese lender a strategic partner in its next development chapter.
October 22, 2023 | 08:30 pm PT
DFC pledges $300M loan to VPBank
VPBank and DFC has inked a commitment letter on a bilateral loan with a seven-year tenor to promote sustainable finance.
September 11, 2023 | 02:15 am PT
VPBank jumps 32 spots in global banking
VPBank’s value is almost 1.5 times as high as the previous year, at nearly US$1.3 billion, ranking 173rd among the world’s 500 most valuable banking brands.
August 15, 2023 | 02:25 am PT
VPBank eyes $1B profit
VPBank is expecting a pre-tax profit of VND24 trillion ($1.02 billion) this year, exceeding the $1 billion milestone for the first time since its establishment.
March 29, 2023 | 11:54 pm PT
MB, HDBank, VPBank could see foreign ownership cap raised to 49%
MB, HDBank and VPBank could see their foreign ownership cap increased from 30% to 49% if they buy some ailing banks, according to a central bank proposal.
March 29, 2023 | 08:47 pm PT
Japanese lender spends $1.5B for stake in VPBank
Japanese lender SMBC has completed a $1.5 billion deal to purchase a 15% stake in Vietnam’s VPBank in the biggest acquisition ever recorded in Vietnam’s banking industry.
March 27, 2023 | 08:30 pm PT
VPBank to sell $1.4B in shares to Japanese megabank: Bloomberg
Vietnamese lender VPBank is expected to sign a deal with Japan’s Sumitomo Mitsui Financial Group later this month to sell a 15% stake worth some US$1.4 billion to the Japanese bank.
March 11, 2023 | 08:37 pm PT
Private bank profit tops $1B
After the four state-run banks announced profits of around the US$1-billion mark for 2022, private lenders Techcombank and VPBank have followed suit.
January 31, 2023 | 03:00 am PT
Agribank climbs into top 3 in profitability stakes
State-owned Agribank has become the third most profitable lender in the country after its first half profits rose by 60 percent to VND15.08 trillion (US$642.3 million).
August 2, 2022 | 09:00 pm 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
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
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 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
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
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
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
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