Vietnamplus

Vietnam Prosperity Joint Stock Commercial Bank (VPBank) on October 27 signed a 200 million USD loan fund with Sumitomo Mitsui Banking Corporation (SMBC).

By issuing stock dividends and private offering from equity and issuing stocks for foreign investors, Vietnam Prosperity Joint-Stock Commercial Bank (VPBank) is expected to raise its charter capital to 75 trillion VND (3.3 billion USD).

The Vietnam Prosperity Joint Stock Commercial Bank (VPBank) announced a record consolidated pre-tax profit of 10.3 trillion VND in 2019 (447 million USD), exceeding 9 percent of the yearly plan and up 12.3 percent compared to 2018.

More and more customers are using e-banking services, leading to a rise in free-of-charge facilities offered by banks.

Four Vietnamese banks were listed among the best companies to work for in Asia in the HR Asia Awards 2019 announced on July 10.

The Vietnam Prosperity Joint Stock Commercial Bank (VPBank) has named Best Issuing Bank Partner for Women-Owned Businesses in East Asian Pacific in 2017 by the International Finance Corporation (IFC).

Vietnam Prosperity Joint Stock Commercial Bank (VPBank) posted a pre-tax profit of 5.6 trillion VND (246.8 million USD) in the first nine months of the year, a 79 percent year-on-year increase and reaching the top three of country’s banks following Vietcombank and Vietinbank.

Up Co-working Space and the Vietnam Prosperity Joint Stock Commercial Bank (VPBank) jointly opened a hi-end working space in Hanoi on October 10 to provide maximum support for the Vietnamese start-up community

The State Bank of Vietnam recently approved proposals to raise charter capital at the Military Commercial Joint Stock Bank (MB) and the Vietnam Prosperity Joint Stock Commercial Bank (VPBank).

The Vietnam Prosperity Joint Stock Commercial Bank (VPBank) started listing 1.3 billion shares on the Ho Chi Minh Stock Exchange on August 17, while having received 1.2 billion USD worth of purchasing offers from foreign investors.

The International Finance Corporation (IFC), a member of the World Bank Group, recently approved a convertible loan of 57 million USD to the Vietnam Prosperity Joint-Stock Commercial Bank (VPBank).

Timo, the first digital bank service in Vietnam, was officially launched late last week in HCM City.