VIB

Update news VIB

Vietnamese bank gets 150 million USD loan from IFC

The Vietnam International Bank (VIB) has just completed the procedures for the disbursement of a 150 million USD loan from the International Finance Corporation (IFC), a member of the World Bank Group.

Local bank raises 260 million USD in international syndicated loans

VIB has raised 260 million USD in international syndicated loans from the Asian Development Bank (ADB), United Overseas Bank Limited (UOB) and nine Asian financial institutions.

VIB receives $70 million financial package from three int'l institutions

Vietnam International Bank (VIB) has been given a US$70 million loan from three international finance institutions, Taiwanese Cathay United Bank, Industrial and Commercial Bank of China's branch in Hong Kong and Bank of Communications.

 

Bancassurance becomes crucial growth driver for banks in Vietnam

Bancassurance income is set to have much potential to grow both at sector-wide and individual bank level, according to a brokerage.

First bank in Vietnam complete Basel II three pillars

Vietnam International Bank (VIB) has become the first bank in Viet Nam to complete the three pillars of Basel II, which are minimum capital, supervisory review and market discipline.

 

Vietnam’s credit growth projected to reach 10-year low of 13.2% in 2019

The slow growth comes mainly from state-owned banks, which have become more stringent on their loan disbursements.

Digital the only way forward

It's clear that digitalization is a prerequisite for local banks to survive and develop in the new era.

Bad debt handling to be audited

The handling of bad debt among credit institutions would be audited this year in order to formulate recommendations for effectively implementing a National Assembly resolution, according to the State Audit Office of Viet Nam (SAV).

 

The bankers who return from Eastern Europe

VietNamNet Bridge - With powerful financial resources gained from their businesses in Russia and Eastern Europe, the following bankers have easily reached success in Vietnam.

Bank pessimism on profits for 2015

 VietNamNet Bridge – While banks outdid each other in revealing their 2014 profit figures, they seem rather reserved in their 2015 profit outlook, Vneconomy newswire revealed.