SeABank appoints new general director
SeABank has appointed Le Quoc Long its new general director, according to a Friday release from the Vietnamese private lender.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s SeABank halts plan to sell shares to Norway investment fund
Vietnamese lender SeABank, listed on the Ho Chi Minh Stock Exchange as SSB, has decided not to proceed with a planned sale of shares to the Norwegian Investment Fund (Norfund), the bank announced Friday.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam SeABank to sell 100% stake of finance unit to Japan's Aeon arm
Private lender SeABank has signed an agreement to transfer its entire stake at Post and Telecommunication Finance Company Limited (PTF) to AEON Financial Service Co., Ltd., the financial arm of Japanese retailer Aeon Group.
Banking & Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
SeABank appoints new acting general director
Private Vietnamese creditor SeABank has appointed Le Quoc Long as its acting general director in charge of operations from Tuesday, replacing Loic Faussier who resigned due to personal reasons.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Norwegian investment fund to buy 95 million shares in Vietnam's SeABank
Vietnam’s SeABank will sell nearly 95 million shares to the Norwegian Investment Fund (Norfund) for about VND1.2 trillion ($50.5 million).
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
IFC okays new $100 mln funding for VIB’s housing portfolio
The World Bank’s investment arm IFC has approved a proposed investment of $100 million into VIB to further fuel the Vietnamese private bank’s housing portfolio, following a similar $150 million loan last year for the same purpose.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
IFC-backed SeABank seeks to sell shares to foreign investors
Vietnam’s SeABank, in which International Finance Corporation (IFC) has invested almost $400 million, will collect shareholders' opinions on approving its planned private placement of shares to foreign investors.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Swiss fund BlueOrchard invests $20 mln in Nam A Bank to support SMEs
BlueOrchard Finance, a Swiss global asset manager in impact investing, has agreed a $20 million loan for Nam A Bank to help the Vietnamese lender provide credit for small- and medium-sized enterprises (SMEs) in the country.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
IFC invests $100 mln in SeABank to help buyers of budget homes
More lower- and middle-income families in Vietnam will be able to buy homes thanks to a $100 million investment in SeABank by the IFC, the World Bank’s investment arm.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
IFC approves $100 mln loan to enhance SeABank housing loans
The World Bank’s investment arm IFC has agreed a $100 million senior loan with five years in tenor to SeABank, with the proceeds to be exclusively used for the Vietnamese lender’s housing portfolio, including affordable housing.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
SeABank appoints French banker as new general director
Vietnamese private creditor SeABank appointed acting CEO Loic Michel Marc Faussier as its general director on Tuesday for a two-year term.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Large offshore loans fuel Vietnamese banks, firms
Major international financial institutions have been providing several Vietnamese banks and companies with large loans to bolster their growth.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Proposed $100 mln IFC loan to boost SeABank real estate portfolio
The World Bank’s investment arm IFC has proposed a $100 million senior loan with five years in tenor to SeABank, to be exclusively used for the Vietnamese lender’s housing portfolio.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
$75 mln IFC loan reaches SeABank
Vietnamese lender SeABank has received a five-year convertible loan of $75 million from the World Bank’s financial arm IFC to support its growth and increase targeted lending to small- and medium-sized enterprises.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
French national acting CEO of SeABank
Deputy CEO Loic Michel Marc Faussier has been appointed acting CEO of SeABank after CEO Le Thu Thuy resigned Monday.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
IFC okays $75 million loan for SeABank
The World Bank’s financial arm IFC has approved a five-year convertible loan of $75 million to support SeABank’s growth and increase targeted lending to small- and medium-sized enterprises.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
US finance institution DFC grants $200 mln loan to SeABank
The U.S. International Development Finance Corporation (DFC) has approved a $200 million loan for Vietnam’s SeABank to further support women-owned, women-led companies and small and medium enterprises, as well as promote climate change finance.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
- Editor’s Picks
-
No offshore wind projects in Vietnam until 2028: global council
-
Vietnam-Singapore Industrial Park JV earns $67 mln profit in 2023
-
Techcombank plans 10% stake issue to foreign strategic investors
-
Vietnam needs to build more highways: logistics firm exec
-
Vietnam central bank pumps cash to save troubled lender SCB
- Most Read
Trungnam Group eyes green energy development in Ninh Thuan province
Energy - Update 3 day ago
Six dead as boiler explodes at southern Vietnam wood factory
Society - Update 3 day ago
- Editor’s Picks
-
No offshore wind projects in Vietnam until 2028: global council
-
Vietnam-Singapore Industrial Park JV earns $67 mln profit in 2023
-
Techcombank plans 10% stake issue to foreign strategic investors
-
Vietnam needs to build more highways: logistics firm exec
-
Vietnam central bank pumps cash to save troubled lender SCB
