Commercial banks take steps towards Basel III Business

Commercial banks take steps towards Basel III

Currently, more than 20 commercial banks are adopting the standard version of Basel II, of which 12 have completed all three Basel II pillars ahead the deadline, namely VIB, Vietcombank, SeABank, VPBank, TPBank, MSB, VietCapitalBank, Shinhan Vietnam, SHB, LienVietPost Bank, HDBank, and Viet Capital Bank.
Moody’s affirms B2 rating for SHB Business

Moody’s affirms B2 rating for SHB

Moody’s Investors Services has recently affirmed Sai Gon-Hanoi Commercial Joint Stock Bank (SHB) B2 long-term local and foreign currency deposit ratings.
SHB plans to raise charter capital to over 17.57 trillion VND Business

SHB plans to raise charter capital to over 17.57 trillion VND

The Saigon-Hanoi Commercial Joint Stock Bank (SHB) has a plan to increase its charter capital by over 5.53 trillion VND (237.48 million USD) to more than 17.57 trillion VND (754.5 million USD) via public offering of shares and paying dividends in the form of additional stocks.