United Overseas Bank Vietnam Ltd has come out with a new mobile application that enables people to open personal bank accounts online and cut the time taken to open them from 45 minutes to 10 minutes.
Many banks have reported impressive profit growth in the first half off 2018, compared to the same period last year, thanks to the high credit growth and the improvement from the retail banking segment.
Financial transparency is one the keys for small firms to access credit, heard a seminar titled “Where can small firms find capital?” held in HCM City on Wednesday.
Vietnam International Bank (VIB) yesterday released its unaudited financial statements for the first half of this year with positive business results in key indicators.
Woori Bank is one of the nine wholly owned foreign banks in Việt Nam. It was granted licence for operations in the country in 2016, with a charter capital of VNĐ3 trillion (US$131 million).
Việt Nam Prosperity Bank (VPBank) is among Việt Nam’s 50 best-performing companies and 50 best listed firms in 2017.
Since last year there has been a churn in the banking sector with some foreign investors selling their stakes in local banks and others buying in.
Việt Nam Prosperity Joint Stock Commercial Bank (VPBank) plans to increase its current charter capital from VNĐ15.7 trillion (US$690 million) to VNĐ27.8 trillion in 2018, the bank announced at its shareholders’ meeting held on Monday in Hà Nội.
The country’s economic growth rate in the first quarter of this year is expected to reach 6.23 per cent.