bank shares

Update news bank shares

During the “season” of shareholders’ meetings, Vietnamese banks are confident about their plans to increase profits by several trillion dong in 2021. Several banks have set a record growth target of up to 30%-50%.

Small banks change as big companies become shareholders

KienLong Bank share prices have been increasing sharply in recent days despite the downward pressure on the overall market.

Vietnam banks plan long-term development

Banks have reported satisfactory business results for 2020 and are projecting ambitious plans for 2021.

Bank shares in demand as banks report huge profits

The capitalization value of some banks has increased by one billion dollars within a short time.

Securities investors expect ‘new bank share wave’

Many commercial banks now pay trillions of dong worth of dividends to shareholders and have completed restructuring after a decade of difficulties. As a result, their share prices are expected to rise.

Bankers remain optimistic about 2021, ambitious business plans

Following the prosperous year of 2020, commercial banks have devised more ambitious business plans for the new year. Meanwhile, bank share prices have hit a decade high.

Upheavals in banking sector: many managers are replaced

During this year’s shareholders’ meeting season, big changes in shareholders’ structure have been made and many bank managers have been replaced.

Big banks reduce debt, report high profits despite tough 2020

Bank shares, which saw prices increasing sharply in the last year thanks to banks' good business performance and prospects, have become the "pillar" of the stock market.

HCM City bourse has more ‘goods’ as banks shift from HNX, UpCom to HOSE

A number of commercial banks are shifting to list shares at the HCM City Stock Exchange (HOSE). The presence of high-quality goods is believed to trigger a new price rise in the post-Covid-19 period.

Bank shares still sought despite Covid-19

Commercial banks are facing challenges, including an increase in bad debts because of Covid-19 and pressure that has forced them to increase charter capital. But bank shares remain attractive to investors.

Bank shares are in high demand

Analysts say banking will be one of a few sectors to benefit from Covid-19 as the central bank may loosen the monetary policy to support the economy in crisis.

VN banks make big profits but share prices fall

Despite good business results, 11 out of 17 listed commercial banks saw share prices decrease in the first half of the year.

Foreign ownership in banks: how high should it be?

BIDV, one of Vietnam’s largest banks, is issuing 603 million shares to the foreign strategic investor KEB Hana Bank from South Korea. If the deal succeeds, KEB Hana Bank would hold 17.6 percent of shares in BIDV. 

VN banks believe 2018 profit target within reach

VietNamNet Bridge - The credit growth rate this year is lower than 2017, but banks’ profit is predicted to be 20-25 percent higher.

Are bank shares still attractive to investors?

VietNamNet Bridge - Commercial banks will find it hard to maintain a high profit growth rate in 2019 as credit  and retail banking services will still be the major driving force for bank growth.

Foreign investors pour capital into banks, bank share prices escalate

VietNamNet Bridge - Investors now are feeling the heat from bank shares as prices escalate every day.

Banks proceed slowly with listing plans

At least five banks are running against the clock to list shares on the bourse this year. Other banks are silent or have delayed listing plans for an indefinite time.

Foreign investors stumble when injecting money into bank shares

The value of foreigners’ investments has become uncertain amid unfavorable conditions of the market. Since April 15, after reaching the peak of 1,200 points, the VN Index has been sliding, reaching a low of 884.75 points on July 12.

Large banks rush to divest shares to clear cross-ownership status

VietNamNet Bridge - Under the State Bank’s Circular No 06, a commercial bank can hold less than 5 percent of shares of another credit institution.

VN bank shares continue to lure foreign capital

VietNamNet Bridge - The stock market is still seeing foreign investors pour money into bank shares, analysts say.