Analytic
Hotline: 08887 08817

IFC lends $140 million to VPBank and OCB to boost finance for local businesses

The aim of the additional financing is to help local businesses with disrupted cash flows sustain operations and maintain jobs.

IFC provides VPBank $212 million to boost climate financing

This is IFC’s first green loan to a bank in Vietnam.

VPBank raises $300 million under $1-billion EMTN Programme

Vietnam Prosperity JSB (VPBank) has successfully issued $300-million 3-year notes to Asian and European investors within the context of its $1-billion Euro medium term note (EMTN) programme.

Moody’s assigns (P)B1 rating to VPBank’s MTN program

Moody’s Investors Service has assigned a (P)B1 long-term foreign currency senior unsecured rating to Vietnam Prosperity JSB (VPBank)’s $1 billion medium term note (MTN) program.

Be Group joins VPBank to launch financial services

The digital financial services launched by Be Group come as part of the company’s commitment to round up an ecosystem to support its core business of transport services.

Banks expect profit growth to slow down

After a year of breakthrough, Vietnam’s commercial banks have become more cautious, setting lower profit targets this year.

High bad debt ratio continues troubling VPBank and Sacombank

While most credit institutions have made possible attempts to reduce their bad debt ratio to a safe level at below three per cent, VPBank and Sacombank remain cautious to be fairly high at 4.07 per cent and 3.74 per cent respectively.

IFC partners VPBank to provide trade finance for Tan Long Group

Tan Long Group, a market leader in agricultural products trading, currently received a trade finance of up to $50 million from IFC and VPBank.

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.

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.

Stock indexes
1,285 -5.18 -0.4
Volume: 849,020,300 Value: 20,652 (Billions VNĐ)
243.18 -0.74 -0.3
Volume: 74,948,972 Value: 1,649 (Billions VNĐ)
91.41 -0.07 -0.08
Volume: 43,809,426 Value: 589 (Billions VNĐ)
1,297.66 -5.54 -0.43
Volume: 249,987,803 Value: 8,139 (Billions VNĐ)