APICORP Receives Credit Rating of 'AA' with a Stable Outlook from Fitch Ratings, Reflecting Strong Credit Profile and Continued Growth APICORP Receives Credit Rating of 'AA' with a Stable Outlook from Fitch Ratings, Reflecting Strong Credit Profile and Continued Growth

Techcombank targeted VNĐ13 trillion pre-tax profit in 2020 Techcombank (TCB) has set a pre-tax profit target of VNĐ13 trillion (US$559.3 million) in 2020, increasing slightly one per cent from last year.

VietinBank plans equity capital increase from accumulated profits VietinBank (VTG) planned to increase its equity capital from its accumulated profits or paying dividend by stocks. The plan is being completed by the competent State agencies to complete the legal procedures to implement.

Moody's reaffirms B1 credit rating for HDBank despite pandemic challenge Moody's reaffirms B1 credit rating for HDBank despite pandemic challenge

Moody's reaffirms B1 credit rating for HDBank despite pandemic challenge Global credit ratings agency Moody's Investors Service has reaffirmed the B1 credit rating for HDBank amid a challenging market situation due to the impact of the Covid-19 pandemic and social distancing orders from the Government.

APICORP 2019 Financial Results Demonstrate Strong Growth Momentum with Net Income of USD 112 Million APICORP 2019 Financial Results Demonstrate Strong Growth Momentum with Net Income of USD 112 Million

FE CREDIT sees sustainable growth in Q3 across all products and segments According to a Fingroup report in the first nine months of 2019, FE CREDIT has increased its market share from 53% (2018) to 55% (9M2019). Effective restructuring of their loan portfolio, combined with new technology applications, are the primary contributors to the company's sustainable development.

VPBank settles US$129.7 million VAMC bonds

The Vietnam Prosperity Joint Stock Commercial Bank (VPBank) on Wednesday completed settling a total of VNĐ3 trillion (US$129.7 million) worth of bonds sold to the Vietnam Asset Management Company (VAMC).

Billions of shares pending for HoSE listing

The Hồ Chí Minh Stock Exchange (HoSE) is preparing to receive billions of shares after companies delayed listing plans due to poor trading conditions.

Banks report higher profit A recent survey from the State bank of Viet Nam showed that as of September 26, credit growth was recorded at 8.64 per cent and capital mobilisation rose by 9.03 per cent.