HDBank executives register to buy large chunks of lender’s shares as pandemic drags down prices Trần Hoài Nam, deputy general director of HDBank, has registered to buy 500,000 shares of his bank on the Ho Chi Minh Stock Exchange between April 3 to 29 for investment, according to the exchange.

HDBank profit up 25.3 per cent in 2019, non-performing loans under 1% The HCM City Development Joint Stock Commercial Bank (HOSE: HDB) has just released its audited financial statements for 2019, which show pre-tax profit increased by 25.3 per cent to VNĐ5.018 trillion (US$215.45 million), its highest ever.

Prudential Thailand And TMB Bank Establish Strategic Bancassurance Partnership Prudential Thailand And TMB Bank Establish Strategic Bancassurance Partnership

Banking human resources change in Industry 4.0 The fourth industrial revolution (Industry 4.0) has a great impact on the human resources of the banking sector, according to the general director of Việt Nam Prosperity Joint Stock Commercial Bank (VPBank).

Shinhan Bank offers free online money transfer  Shinhan Bank’s individual customers are being offered free domestic money transfer transactions via its internet banking and Mobile Banking SOL app from now until the end of April.

Partnering with Sendo, CIMB speeds up in the race to be the "leading digital bank" in Viet Nam

Digital banking is considered an inevitable trend in the 4.0 era, in which the ultimate aims are to scale business efficiency to adapt to the highly competitive environment of commercial banks and, at the same time, expanding financial inclusion. The development of digital banking fosters opportunities for banks to increase revenue and labour productivity, effectively manage their financial resources and receive information, widen networks and partnerships, etc. In fact, the BTCI report shows that up to 50% of customers prefer online services. This is the motivation to push commercial banks into the digital race, penetrate and capitalise on the potential of the digital financial market.

MB gets nod to increase charter capital to more than $1 billion The State Bank of Việt Nam has approved Military Commercial Joint Stock Bank (MB)’s proposal to increase its charter capital to VNĐ24.42 trillion (US$1.06 billion) from VNĐ23.73 trillion.

2020 promises to be seminal year for banking sector

Large mergers and acquisitions deals, an explosion in digital banking and the listing of several banks’shares on the stock market are among the key events expected this year in the financial sector.

UnionBank inks talent development program with Singapore Management University UnionBank inks talent development program with Singapore Management University

HDBank records over $216 million profit in 2019 The HCM City Development Joint Stock Commercial Bank (HOSE: HDB) has reported impressive results for the fourth quarter of 2019, with pre-tax profit increasing by 40.1 per cent year-on-year to VNĐ1.57 trillion (US$67.7 million).