Posted on 21 December 2011 by admin
Saigon Thuong Tin Commercial Joint- Stock Bank may sell as much as a 15 percent stake to Credit Suisse Group AG, the Vietnamese lender’s Chief Executive Officer said.
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Vietnam’s Sacombank may sell 15pct stake to Credit Suisse
Posted on 20 October 2011 by hoang
Commonwealth Bank of Australia, the nation’s biggest lender, will pay VND1.15 trillion ($55 million) for an additional 5 percent stake in Vietnam International Commercial Joint-Stock Bank.
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Commonwealth Bank spends $55 million to boost Vietnam stake
Posted on 27 September 2011 by tri
Joint-Stock Commercial Bank for Foreign Trade of Vietnam, the state-owned lender known as Vietcombank, said it will sell a 15 percent stake to Mizuho Financial Group Inc. for about $570 million
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Vietcombank says Mizuho to buy 15 pct stake for $570 million
Posted on 19 September 2011 by admin
Asia Commercial Bank’s assets will probably more than triple by 2015, making it the first non- government lender to overtake one of Vietnam’s four biggest lenders, Chief Executive Ly Xuan Hai said.
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Asia Commercial Bank to join Vietnam top four by 2015, CEO Says
Posted on 02 August 2011 by tri
The central bank has allowed Lien Viet Bank to change its name to Lien Viet Post Joint-Stock Commercial Bank after joining forces with a subsidiary of state-owned Vietnam Post Corporation.
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Lien Viet Bank changes moniker following merger
Posted on 06 May 2011 by admin
Commercial banks in Vietnam have stopped offering new gold loans and lowered interest rates on deposits of the precious metal, following an order from the central bank.
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Vietnam banks stop gold lending: report
Posted on 29 November 2010 by tri
Commercial banks are applying additional safety measures to protect their automated teller machines following recent cases of theft in Ho Chi Minh City.
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Vietnam banks increase protection for cash machines
Posted on 07 October 2010 by tri
Vietnam Joint-Stock Commercial Bank for Industry & Trade, the country’s second-biggest listed lender by market value, posted a 3 percent increase in net income in the first half of 2010.
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Vietinbank’s net income climbed 3 pct in first half
Posted on 10 September 2010 by tri
Two of the nation’s leading lenders, Vietcombank and Asia Commercial Bank, have been downgraded by Fitch Ratings, but both the banks and experts are unfazed.
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Vietnam lenders shrug off Fitch downgrades
Posted on 04 September 2010 by admin
The Standard Chartered Bank and Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) have signed a memorandum of understanding on cash management services.
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Standard Chartered, Sacombank partner on cash management