Fitch upgrades ratings of 7 banks in Vietnam, including StanChart, HSBC, ANZ

Fitch upgrades ratings of 7 banks in Vietnam, including StanChart, HSBC, ANZ

Fitch Ratings has upgraded the long-term foreign-currency issuer default rating (IDR) of six banks in Vietnam to ‘BB+,’ one to ‘BB,’ and one unchanged at ‘BB-,’ the rating agency announced Wednesday.

Banking - Fri, December 15, 2023 | 9:44 am

Geopolitical waves cause global supply chains to shift in Vietnam’s favor: ANZ CEO

Geopolitical waves cause global supply chains to shift in Vietnam’s favor: ANZ CEO

Geopolitical shifts are causing global supply chains to shift in Vietnam’s favor given its economic resilience and deepening global integration, according to Shayne Elliott, CEO at Australia and New Zealand Banking Group Limited (ANZ).

Banking - Tue, December 5, 2023 | 11:00 am

Vietnam among ANZ’s key markets: exec

Vietnam among ANZ’s key markets: exec

Vietnam is one of ANZ's most important markets with promising growth potential, said the bank’s CEO Shayne Elliott.

Banking - Thu, November 30, 2023 | 8:04 am

Fitch upgrades Vietcombank, Vietinbank ratings, outlook positive

Fitch upgrades Vietcombank, Vietinbank ratings, outlook positive

Fitch Ratings has upgraded the Long-Term Issuer Default Rating (IDR) of Vietcombank and Vietinbank to ‘BB’ and MBBank to ‘BB-‘, while affirming that for Standard Chartered Bank Vietnam and ANZ Bank Vietnam at ‘BB’.

Banking - Wed, November 23, 2022 | 8:40 pm

Techcombank concludes $1 billion syndicated loan

Techcombank concludes $1 billion syndicated loan

Techcombank has concluded a landmark $1 billion syndicated loan facility as the largest-ever medium and long-term syndicated loan for a Vietnamese financial institution.

Banking - Tue, June 21, 2022 | 11:20 am

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