Seabank

SeABank is the fifth bank in Viet Nam to complete all three pillars of the Basel II standards - a set of recommendations on banking laws and regulations issued by the Basel Committee on Banking Supervision, before the deadline. It was also rated B1 (long-term stable) for 2020 by Moody’s. — VNS … [Read more...] about SeABank increases charter capital to nearly $526m

This is the seventh bank to register or be approved to list on HoSE this year, with the others being Orient Commercial Joint Stock Bank (OCB), Vietnam Maritime Commercial Joint Stock Bank (MSB), Vietnam International Commercial Joint Stock Bank (VIB), Asia Commercial Bank (ACB), Lien Viet Post Joint Stock Commercial Bank (LPB), and Saigon – Hanoi Commercial Joint Stock Bank (SHB). … [Read more...] about SeABank registers to list on HoSE

In 2020, 65 per cent of apartment units launched in Ho Chi Minh City were in the high-end and luxury segment. Figures from CBRE show that the city’s east along with Thu Duc City have been contributing a major portion of property supply, including high-end and luxury products and is forecast to provide 44 per cent of the total supply until 2025. Meanwhile in Hanoi, nearly 70 per cent of launches were mid- and high-end products. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 14

In November, HoSE received the listing of 1.07 billion shares of LienVietPost Bank (LPB) and 1.08 billion shares of Viet Nam International Commercial Joint Stock Bank (VIB) with average trading volumes of 11 million shares and 1 million shares, respectively. … [Read more...] about Huge volume of new shares, record liquidity put HoSE system under pressure