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‘The big five’ in Vietnam’s banking system
The big five are state -owned banks Agribank, BIDV, VietinBank and Vietcombank, and Saigon Commercial Bank (SCB), a joint stock bank with the fifth largest total assets in the system.
SCB, IFC to invest $1 billion in emerging markets
Standard Chartered (SCB) and International Financial Corporation (IFC), a World Bank group member, have agreed to continue their trade finance partnership with an additional investment of US$1 billion.
BUSINESS IN BRIEF 6/4
Rice traders report losses in 2013; Rubber price plunges on scant buying from China, M’sia; Consolidated bank SCB posts up profit; First registry firm launches IPO; Livestock export potential untapped
Banks still bleak about boosting credit in 2014
VietNamNet Bridge – Bank executives are mulling ways to achieve credit growth this year amid a continuing tough business climate.
CEO of newly-merged SCB Bank resigns
VietNamNet Bridge - From October 15, Mr. Vo Tan Hoang Van - Vice President has been official the CEO of SCB Bank, replacing Mr. Le Khanh Hien, who resigned for personal reasons.
