Banks face challenges in improving credit quality Business

Banks face challenges in improving credit quality

Though banks gained profits of trillions of Vietnamese dong in Q3 2022, credit quality has remained a concern of the banking industry, especially when Circular No. 14/2021/TT-NHNN on loan rescheduling for COVID-19 affected borrowers expired at the end of June this year.
HDBank achieves 82% of full-year target in 9 months Business

HDBank achieves 82% of full-year target in 9 months

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank – ticker code HDB) has reported consolidated total operating income and pre-tax profit of nearly 5.4 trillion VND (217.1 million USD) and over 2.7 trillion VND (108.5 million USD) for the third quarter, up 45.6% and 43.4% year-on-year.
IFC, HDBank cooperate to support SMEs Business

IFC, HDBank cooperate to support SMEs

The International Finance Corporation (IFC) will help the Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) to build a supply chain finance fund of 1 billion USD in the next three years as well as develop support industries and petroleum distribution.
IFC, HDBank in tie-up to help SMEs scale up finance, enter global supply chains Business

IFC, HDBank in tie-up to help SMEs scale up finance, enter global supply chains

The International Finance Corporation (IFC) and the Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) signed a memorandum of understanding on May 11 to become strategic partners for helping small and medium enterprises scale up finance and participate in global supply chains, including high-tech agricultural chains.
HDBank offers incentives for online foreign traders Business

HDBank offers incentives for online foreign traders

the Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) is cooperating with e-commerce giant Amazon to facilitate cross-border trade with a number of support policies, according to a representative of the bank.
HDBank wins twin international banking awards Business

HDBank wins twin international banking awards

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) has received two awards at the Global Brand Award by Global Brands Magazine of the UK, affirming its position as a leading firm in business operations and digital transformation.
HDBank to raise charter capital Business

HDBank to raise charter capital

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) has announced plans to increase its charter capital to more than 20.273 trillion VND (879.48 million USD) by paying dividends for 2020 in shares and an employee stock option plan.