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VietinBank lags behind in race among the state-owned banks

While both Vietcombank and BIDV announced significant profit growth, Vietinbank remained quiet and kept secret until the end.

BIDV maps out plan to transfer 15 per cent stake to Korean strategic investor

Joint Stock Commercial Bank for Investment and Development of Vietnam has recently announced its specific plan on issuance of 600 million new shares to Korean based KEB Hana Bank to raise its charter capital.

ADB provides $300 million loan to BIDV to support local small and medium sized enterprises

This is the largest commercial loan that the Asian Development Bank has provided to an Asian commercial bank so far.

BIDV seeks 15 per cent share sale to KEB Hana

South Korea's KEB Hana Bank will spend $650-700 million to acquire a 15 per cent stake in BIDV.

Techcombank to increase charter capital threefold up to $1.53 billion

A plan to increase the charter capital up to $1.53 billion from $504 million to become the third largest bank in Vietnam was approved in shareholders' extraordinary meeting of Techcombank held yesterday.

Taking position in $439 million of pretax profit - race of Tecombank and VPBank

The ambitious targets set by banks in 2018 forecast that the private banks will usurp the state owned commercial ones.

Experts are optimistic about the prospect of upgrading Vietnam stock market

Vietnam will attract more foreign capital, improve its transparency and the investment environment when its market is upgraded from frontier to emerging.

Billionaires in the hand of banks

Being a billionaire by owning billions of dollar of assets, many Vietnamese businesses use these assets to secure their loans or related companies at banks.

Techcombank vies for revenue with VPBank to climb up top five profitable banks

Techcombank announced that its pretax profit in 2017 reached over VND8.03 trillion (US$354.4 million), doubling that in 2016 and naming Techcombank in Vietnam’s top five profitable banks.

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.

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