Former Bank Central Asia senior executive becomes Techcombank independent board member
Eugene Keith Galbraith, a world-class banking veteran, is expected to help Techcombank achieve its vision of becoming a leading bank in the region and the partner of choice for customers by drawing on his vast experience with Indonesia's Bank Central Asia (BCA).
Banking - Fri, May 3, 2024 | 3:51 pm
Margin lending at Vietnam brokers hits new high, room remains ample
Outstanding margin loans at brokerage houses in Vietnam had risen to a record high of an estimated VND195 trillion ($7.66 billion) at the end of March.
Finance - Mon, April 22, 2024 | 10:44 am
Techcombank plans 10% stake issue to foreign strategic investors
Major Vietnamese private lender Techcombank plans to issue a 10% stake to overseas strategic investors, given its current self-capped foreign ownership of 22%, said chairman Ho Hung Anh.
Companies - Sun, April 21, 2024 | 10:47 am
Techcombank wins two Stevie Awards for brand development, marketing excellence
Vietnam's private lender Techcombank was named the winner of two Stevie Awards for Innovation in Brand Development and Most Innovative Marketing Team of the Year in the 11th annual Asia-Pacific Stevie Awards.
Banking - Fri, April 19, 2024 | 1:52 pm
Techcombank named Best Bank in Vietnam by Global Finance
Vietnam Technological and Commercial Joint Stock Bank (Techcombank) has been named the “Best Bank in Vietnam” by U.S.-based financial publication Global Finance, at its 31st annual awards for the World’s Best Banks.
Banking - Fri, April 5, 2024 | 12:11 pm
USD rate passes VND25,000 milestone at top Vietnam lender Vietcombank
Vietcombank, the largest Vietnamese lender by market capitalization and foreign exchange transactions, increased its USD buying and selling rates to VND24,790 and VND25,130 Wednesday afternoon.
Banking - Wed, April 3, 2024 | 7:46 pm
Moody's upgrades outlook of Techcombank in 2024 to 'stable'
Moody's Ratings has revised the outlook of Techcombank from negative to stable, the U.S. credit rating agency said Wednesday.
Banking - Thu, March 21, 2024 | 2:24 pm
Techcombank's 2023 net profit drops 10% to $731 mln
Major Vietnamese private lender Techcombank reported VND40.06 trillion ($1.63 billion) in total income and over VND18 trillion ($731.4 million) in net profit last year, down 1.2% and 10.4% year-on-year, respectively.
Banking - Thu, January 25, 2024 | 9:28 am
Vietnam's Big 4 banks cut deposit interest rates to below 2%
Deposit interest rates at four state-controlled banks in Vietnam, namely Vietcombank, Agribank, BIDV and VietinBank, have dropped to below 2% for some terms as the banking sector continues to cut interest rates.
Banking - Thu, January 18, 2024 | 5:31 pm
Vietnam bank deposits hit record high of $522 bln at end-September amid lowering rates
Client deposits at credit institutions in Vietnam reached a record high of VND12,680 trillion (circa $522 billion) as of end-September, rising 7.28% from end-2022, data from the central bank showed.
Banking - Tue, November 28, 2023 | 11:07 am
Vietnam central bank reduces exchange rate to three-month low
The State Bank of Vietnam (SBV) decreased the central exchange rate to VND23,954 per U.S. dollar Monday and further to VND23,915 Tuesday.
Banking - Tue, November 21, 2023 | 12:22 pm
Large US businesses interested in investing in Vietnam: Warburg Pincus exec
Warburg Pincus, one of the leading U.S. investment funds, will further expand its investment portfolio in Vietnam, and many other large American businesses are also interested in the Vietnamese market, said CEO Charles Kaye.
Companies - Sat, November 11, 2023 | 7:48 pm
Techcombank's new twin headquarters in Hanoi, HCMC: A bright future built on a legacy
In celebration of its 30th anniversary this September, Techcombank has unveiled two new headquarters, located at 6 Quang Trung street, Hanoi and 23 Le Duan street, Ho Chi Minh City.
Banking - Thu, October 12, 2023 | 5:09 pm
Techcombank turns 30, fetes sustained entrepreneurial spirit and constant renewal
Techcombank has always done things a bit differently, with more daring, says CEO Jens Lottner as he reflects on the Vietnamese bank’s 30-year journey and the future it envisions.
Banking - Sat, October 7, 2023 | 4:04 pm
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