Former Sacombank CEO appointed HDBank deputy general director
Former deputy CEO of Saigon-Hanoi Bank (SHB) and former CEO of Sacombank Tran Xuan Huy was appointed deputy general director of HDBank starting Monday.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
HDBank announces second divestment from budget carrier Vietjet
Vietnamese private lender HDBank has registered to sell another 8 million VJC shares of Vietjet in October, its second divestment from the low-cost airline this year, said the bank.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Corporate bonds equal to 1.6% of HDBank’s total outstanding loans, lowest among banks
Corporate bonds accounted for just 1.6% of Vietnamese lender HDBank’s total outstanding loans at the end of last year, the lowest ratio in the country’s banking system, its CEO Pham Quoc Thanh said.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Central bank may lift foreign ownership limit at three banks
The State Bank of Vietnam is mulling over lifting the foreign ownership limit at HDBank, MBBank and VPBank, said brokerage house Yuanta Securities Vietnam.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Shareholders okay HDBank’s $500 mln bond issuing plan
Ho Chi Minh City Development Joint Stock Commercial Bank, or HDBank, has secured its shareholders’ approval to issue convertible bonds worth $500 million to international investors, and increase the foreign ownership ratio at the bank to 20% from 18%.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
HDBank set to issue $500 mln worth of bonds, raise foreign ownership
HDBank is seeking its shareholders' approval to issue convertible bonds worth $500 million to international investors, and increase the foreign ownership ratio at the lender from 18% to 20%.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Three Vietnamese banks reduce loan interest rates to aid production
Agribank has become the third and latest bank in Vietnam to reduce its loan interest rates to aid production, after Vietcombank and HDBank.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Four commercial banks have credit growth cap lifted
The State Bank of Vietnam on Thursday extended the credit growth limit for four commercial banks VPBank, HDBank, MB and Vietcombank, according to top broker VNDirect Securities.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
$227 mln HDBank H1 profit driven by bancassurance, cashless payments
HDBank, one of the first Vietnamese joint stock banks, reported a pre-tax profit of VND5,304 billion ($227 million) in the first six months of 2022, up 26.5% year-over-year and fulfilling 54% of the year's profit plan.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
IFC, Vietnam’s HDBank to boost finance for smaller firms, supply chains
The World Bank’s investment arm IFC is joining forces with HDBank to help Vietnamese small and medium businesses get access to funding to better take part in global supply chains, and expand into new markets.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
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Korean chaebol SK okayed to study investment in central Vietnam LNG-to-power plant
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Vietnam gov’t irons out incentives for rooftop solar development
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Citibank, ING lend PV Power $300 mln to develop Vietnam's first two LNG plants
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