Vietcombank posts record credit growth in Q1 Business

Vietcombank posts record credit growth in Q1

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) posted credit growth of nearly 3.7 percent in the opening quarter of 2021, a record high for many years, Chairman of the Board of Directors Nghiem Xuan Thanh has said.
Vietcombank’s bad debts lowest ever in 2020 Business

Vietcombank’s bad debts lowest ever in 2020

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) recorded a bad debt ratio of 0.6 percent last year, the lowest so far and in the sector, compared to 0.78 percent in 2019.
Vietcombank plans to raise charter capital via share issuance Business

Vietcombank plans to raise charter capital via share issuance

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) plans to increase its charter capital for the 2020-2021 period by paying dividends in shares and issuing additional shares, according to documents of the upcoming annual shareholders’ meeting scheduled for June 26.
Vietcombank receives three awards by Asiamoney Business

Vietcombank receives three awards by Asiamoney

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has been named the Best Domestic Bank in Vietnam, the Best Bank for SMEs in Vietnam and the Most Outstanding Company in Vietnam – Financial Sector by Asiamoney magazine.
Vietcombank seeks bancassurance partnership Business

Vietcombank seeks bancassurance partnership

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), coded VCB on the Ho Chi Minh Stock Exchange, plans to invite bids from insurers for exclusive rights to distribute life insurance products through its network.
Vietcombank earns record high pre-tax profit Business

Vietcombank earns record high pre-tax profit

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) continued its impressive performance in the first quarter of this year, posting pre-tax profit record high of more than 4.3 trillion VND (189.4 million USD).