Topic: shb

First tranche to offer VND2,500 billion ($100 million) to strengthen financial capacity and expand capital

Of the top 200 largest Southeast Asian companies ranked by Fortune, 34 were banks, and Vietnam proudly contributed 12 of them, highlighting the significant growth and stature of Vietnam’s financial market within the region.

The wave of FDI into Vietnam presents opportunities for the economy in general and for banks in particular, with domestic banks possessing a deep understanding of the local market, culture, and people that enables them to provide the best support and conditions for foreign enterprises to expand and develop.

Signing ceremony the result of the three actively discussing cooperative opportunities.

Central bank gives approval for increase from VND30.67 trillion ($1.3 billion) to VND36.64 trillion ($1.56 billion).

Renowned magazine FinanceAsia recently bestowed the honor upon the Saigon - Hanoi Commercial Joint Stock Bank.

New loan will support bank in developing its small and medium-sized enterprise loan portfolio.