Public Bank Vietnam earns $20 mln post-tax profit in 2022

Public Bank Vietnam earns $20 mln post-tax profit in 2022

Public Bank Vietnam Limited, a wholly-owned subsidiary of Malaysia’s Public Bank Berhad, earned a post-tax profit of VND462.78 billion ($19.72 million) in 2022, up 21.99% year-on-year, according to its financial statement.

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

Banks follow SBV lead by cooling deposit interest rates

Banks follow SBV lead by cooling deposit interest rates

The State Bank of Vietnam in mid March cut several policy interest rates for the first time in two years, and many domestic banks have followed suit, but not to the extent of foreign banks.

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

Malaysia's Public Bank to open new HCMC branch

Malaysia's Public Bank to open new HCMC branch

Public Bank Vietnam Limited, a wholly-owned subsidiary of Malaysia’s Public Bank Berhad, has been okayed to open a new branch in Ho Chi Minh City.

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

Vietnam firm gets $100 mln syndicated loan for high-quality rice production

Vietnam firm gets $100 mln syndicated loan for high-quality rice production

Seven banks - one domestic and six foreign - agreed Monday on a three-year (2022-2025), $100 million syndicated loan for the Loc Troi Group to invest in expanding high-quality rice production.

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

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