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Secret from balance sheets of ‘Big 4’ banks

In per-labour-force terms, consumer debt even jumped from 41 per cent of income in 2013 to more than 100 per cent in 2020, according to HSBC.

Alliex teams up with local banks to deploy integrated POS infrastructure

The Seoul-based financial solutions provider has signed collaboration contracts with commercial lender Sacombank and state-owned VietinBank to collectively roll out a shared point-of-sale (POS) system in Vietnam.

Vinhomes, Masan secure first spot among top corporate bond issuers

The first quarter saw the outstanding amount of local currency (LCY) corporate bonds reached some $4.34 billion, with growth declining 1.3 per cent quarter-on-quarter but rising 31.9 per cent year-on-year, according to ADB.

VietinBank wants to sell skyscraper project

Construction of the mixed-use development has been stalled for years.

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.

Vietinbank plans to sell $441-million project in Ciputra urban area

Due to the restricted investment capital and the underexploited project, Vietinbank has asked its shareholders for the partial or whole transference of Vietinbank Tower project.

VietinBank Insurance offers 25-per cent stake to Korean partner

The deal will raise VietinBank Insurance Co., Ltd´s capital to $28.6 million so as to improve its balance sheet and expand its operations.

IFC seeks buyers for its $350 million-stake in VietinBank

IFC's investment in VietinBank increased more than two times in local currency VND after seven years.

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.

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.

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