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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.

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.

Fifteen Vietnamese banks named in the Asia Pacific’s strongest banks

Fifteen Vietnamese banks have been listed among The Asian Bankers’ AB500 ranking and survey of Asia Pacific’s strongest banks.

VPBank reports US$248 million in profit for first 9 months of 2017

The price of Vietnam Prosperity Joint-Stock Commercial Bank (VPBank) shares is dramatically increasing up to VND41,300 (US$1,8) each on trading session of Oct 18, a move geared up by its highly attainable business performance.

Three individuals spend roughly US$282.5 million to purchase VPBank shares

VPBank offered additional shares of which each is priced at VND39,000 (approximate US$1,72), about 4% higher than market price.

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