Vietnam’s four state-owned banks enjoy solid 2023 profit growth

Vietnam’s four state-owned banks enjoy solid 2023 profit growth

Vietnam’s four state-owned banks, known as the "Big 4", all recorded sound profit growth of 10-19% in 2023.

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

Two of Vietnam’s ‘Big 4’ banks report double-digit profit growth

Two of Vietnam’s ‘Big 4’ banks report double-digit profit growth

BIDV and VietinBank, both state-controlled banks in Vietnam, recorded respective pre-tax profit growth of 12% and 10% year-on-year in the first nine months of this year.

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

Vietcombank leads profitability among state-controlled banks

Vietcombank leads profitability among state-controlled banks

Three of Vietnam's biggest lenders Vietcombank, Vietinbank and BIDV reported the same net interest income in the second quarter this year, but very different profits.

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

Vietcombank tops profitability among state-controlled banks

Vietcombank tops profitability among state-controlled banks

Three of the biggest Vietnamese lenders Vietcombank, Vietinbank and BIDV reported the same operating income in the first quarter this year, but very different profits.

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

Major bank BIDV attracts investors for 9% stake via private placements

Major bank BIDV attracts investors for 9% stake via private placements

Leading Vietnamese bank BIDV is selecting the best investors for its plans to increase charter capital this year to serve its growth purposes, BIDV chairman Phan Duc Tu said Friday.

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

Major banks to discuss credit crunch with property developers

Major banks to discuss credit crunch with property developers

Representatives of state-owned commercial banks Vietcombank and VietinBank have said they will work with real estate developers to resolve difficulties they are facing.

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

Vietcombank to issue 2.7 billion shares, becoming Vietnam's biggest bank

Vietcombank to issue 2.7 billion shares, becoming Vietnam's biggest bank

Vietcombank plans to issue over 2.7 billion shares to increase its charter capital to VND75 trillion ($3.2 billion), becoming the leader in Vietnam's banking industry in terms of chartered capital.

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

'Big 4' banks report nearly $1 bln profit in 2022

'Big 4' banks report nearly $1 bln profit in 2022

Three of the biggest Vietnamese lenders BIDV, VietinBank, and Agribank reported a profit of nearly $1 billion in 2022, while Vietcombank earned over $1 billion.

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