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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7