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Merger of VietinBank and PG Bank comes a sad ending

An unknown future holds for PG Bank after the collapse of the merger between VietinBank and PG Bank.

Sacombank’s unique settlement for bad debts

Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) has sold collaterals for debt collection, but 90 per cent of this amount is deferred for seven years at an interest rate of 7.5 per cent per annum.

VPBank's profit ranked fourth, surpassing Agribank

VPBank's profit in 2017 surpassed Agribank and was only lower than that of Vietcombank, Vietinbank and BIDV.

VAMC assigned to deal with US$6.1-billion bad debts in 2018

The amount of bad debt that the Vietnam Asset Management Company (VAMC) has to deal with this year accounts for nearly half of the total bad debts VAMC has bought from banks.

Stock indexes
1,080.74 3.96 0.37
Volume: 186,605,894 Value: 6,281.57 (Billions)
126.3 0.16 0.13
Volume: 54,236,083 Value: 800.53 (Billions)
57.06 -0.08 -0.15
Volume: 16,582,271 Value: 352.56 (Billions)
1,053.99 -1.38 -0.13
Volume: 67,319,960 Value: 3,782.03 (Billions)