Public Bank Berhad, also from Malaysia, was licensed only a few months ago
A prospective issue from a major Vietnamese bank is likely to attract widespread investor interest
The investment of up to VND403.1 billion (about US$18.35 million) would allow IFC to own nearly 5 percent...
Represent almost a five-year low
Credit growth reached 8.54 percent as of July 29 against the end of 2015
The bank is expected to draw more capital flows from South Korea, now the biggest foreign investor of Vietnam
The project is expected to modernize Myanmar's payment system
All three men were convicted of conspiring together and with others to mislead investors, depositors and lenders
Vietnam is now home to 56 branches of foreign banks, including six with whole foreign ownership
The central bank's growth target is 18-20 percent for this year
The shares are currently owned by national oil giant PetroVietnam
He managed to get an interest-free loan of VND259 billion ($11.6 million), but illegally diverted it for other...
Government wants banks to speed up lending to spur growth
They installed devices to copy information from the magnetic strip on bank cards
Card transactions in the country were estimated at around $3.09 billion in Q1