Vietinbank eyes 16.8 trillion VND in pre-tax profit Business

Vietinbank eyes 16.8 trillion VND in pre-tax profit

Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) has set a goal of posting 16.8 trillion VND (728.1 million USD) in pre-tax profit this year, the bank’s annual general meeting on April 16 heard.
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.
VPBank, Proparco cooperate to promote green credit in Vietnam Business

VPBank, Proparco cooperate to promote green credit in Vietnam

VPBank and Proparco - the private sector financing branch of Agence Française de Développement (AFD) have signed a 50-million-USD loan with the aim of supporting climate-friendly initiatives, green and energy efficient projects, as well as small-and-medium enterprises (SMEs) in the country.