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Moody’s affirms SHB stable outlook

Moody’s Investors Service has announced B2 long-term local and foreign currency deposit ratings for Saigon - Hanoi Commercial Joint Stock Bank (SHB). The outlook on SHB’s long-term ratings is stable.

SHB's obscure motive for $2-billion agriculture loan remains a thorny issue

The large credit spending on the agriculture companies is negatively impacting the business results of SHB, making its profits become much lower than its competitors.

Kim Long Nam Group emerges as a new player in Da Nang Real Estate

Kim Long Nam Group is implementing three projects in Da Nang including Kim Long City Lien Chieu, Kim Long Ocean Thuan Phuoc and Kim Long Season My Khe with the total investment of over VND3,200 billion (US$141.1 million).

MB, ACB, SHB, VPBank and Techcombank enter a new race

Starting from very different positions in 2010, but since 2014, five banks have followed one after another closely regarding their total assets in which the distance of their values is usually under VND50 trillion (roughly US$2.2 billion).

Stock indexes
1,077.15 -0.44 -0.04
Volume: 563,829,415 Value: 10,791 (Billions VNĐ)
215.28 -0.03 -0.01
Volume: 56,738,925 Value: 842 (Billions VNĐ)
75.54 0.66 0.88
Volume: 36,753,557 Value: 336 (Billions VNĐ)
1,085.7 -7.78 -0.71
Volume: 184,371,900 Value: 4,512 (Billions VNĐ)