100 Vietnam bond issuers report late repayment of principal, interest in 11 months

100 Vietnam bond issuers report late repayment of principal, interest in 11 months

Around 100 bond issuers in Vietnam have reported delays in repaying principal and interest worth VND192 trillion ($7.92 billion) this year through November 21.

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

PGBank marriage to give Maritime Bank a facelift

PGBank marriage to give Maritime Bank a facelift

Taking in a PGBank merger is expected to help Maritime Bank to grow strongly amid increasingly fierce competition among banks and limited room for medium and small lenders to expand, according to Maritime Bank.

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

Maritime Bank mulls merger with local bank: executive

Maritime Bank mulls merger with local bank: executive

Vietnam’s Maritime Bank (MSB) is looking to merge with a local bank that it deems suitable to its development orientation, helping the lender to expand more rapidly, a senior executive said.

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

Bryan Carroll steps down as CEO of neobank TNEX

Bryan Carroll steps down as CEO of neobank TNEX

Bryan Carroll said Sunday that he will no longer be CEO of Vietnam’s TNEX digital bank starting this April to move to the neobank’s board.

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

OPEC Fund’s $40 mln loan for Maritime Bank to support SMEs

OPEC Fund’s $40 mln loan for Maritime Bank to support SMEs

The OPEC Fund for International Development (OFID) is providing a $40 million loan to Vietnam's Maritime Bank for on-lending to small and medium-sized enterprises.

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