Keyword: "Vietnamese banks"

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15 Vietnam banks listed in Brand Finance Banking 500 2024 ranking

15 Vietnam banks listed in Brand Finance Banking 500 2024 ranking

Fifteen Vietnamese banks are named among the world’s top 500 most valuable banking brands this year according to the Brand Finance Banking 500 2024 ranking. In the recently released ranking, Vietcombank is the Vietnamese bank with the highest brand value in 2024. Globally, Vietcombank ranks 133rd, up 4 positions compared to 2023.
Vietnamese banks' credit ratings upgraded

Vietnamese banks' credit ratings upgraded

Credit ratings agency Fitch Ratings has recently revealed upgrades for several banks, in the wake of its decision to raise Vietnam's national credit rating to BB+ with a long-term outlook of "Stable".
Lao official works with leaders of BIDV, EVN

Lao official works with leaders of BIDV, EVN

President of the Lao State Inspection Authority Khamphan Phommaphat on June 1 worked with leaders of the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) and Vietnam Electricity (EVN) as part of his visit to Vietnam.
Current, savings account ratio on the rise

Current, savings account ratio on the rise

A financial report analysis of 24 Vietnamese banks shows that the average Current and Savings Account (CASA) ratio of the banks rose from 17 percent in 2020 to 19.4 percent in late 2021.
Vietnamese banks see improved solvency

Vietnamese banks see improved solvency

Banks in Vietnam posted solid profit growth and asset quality improvements in 2019, benefitting from the country's robust macro-economic environment, Moody's Investors Service said.
IFC raises trade finance limits to support firms amid COVID-19

IFC raises trade finance limits to support firms amid COVID-19

The International Finance Corporation (IFC) announced it has increased trade finance limits for Vietnamese banks to improve their capacity to cover payment risks in granting trade financing to local companies affected by the outbreak of the novel coronavirus (COVID-19).
KEB Hana named strategic shareholder of BIDV

KEB Hana named strategic shareholder of BIDV

KEB Hana Bank of the Republic of Korea (RoK) has become a strategic shareholder of the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV), helping the latter to have the biggest charter capital among Vietnamese banks.