Banks gain big profits from forex trading Business

Banks gain big profits from forex trading

Most banks reported strong profit growth from the foreign exchange business in the first three quarters of this year thanks to the sharp appreciation of the US dollar, Q3 2022 financial statements showed.
First Vietnamese bank shakes hands with Alibaba.com Business

First Vietnamese bank shakes hands with Alibaba.com

Vietnam Maritime Commercial Joint Stock Bank (MSB) announced on December 15 that it has become the first Vietnamese lender to sign a comprehensive cooperation agreement with Alibaba.com, a global business-to-business (B2B) e-commerce platform of Alibaba Group, to support importers and exporters in the new normal.
MSB completes all three pillars of Basel II Business

MSB completes all three pillars of Basel II

The Vietnam Maritime Commercial Joint Stock Bank (MSB) said it has completed the second pillar of Basel II standards that is supervisory review nearly one year ahead of the schedule set by the State Bank of Vietnam.