TrustBank offers soft loans for exporters

Dai Tin (Great Trust) Commercial Joint Stock Bank (TrustBank) has recently said that from October 5 to the end of December 31, 2011, the bank will offer incentives for small and medium-sized enterprises (SMEs) to serve purchase and processing of products for exports, agriculture, seafood that commit to use the bank’s international payment service. The [...]

TrustBank issues short-term bills of exchange for third phase

From June 16 to August 13, 2011 TrustBank has issued short-term bills of exchange for the third phase in 2011 with total value of 1.5 trillion dong. The minimum face value for each bill was posted at 1 million dong at minimum. In this issuance, TrustBank has offered five deposit terms of one month, three [...]

TrustBank targets 80pct profit growth in 2011

Dai Tin (Great Trust) Commercial Joint Stock Bank (TrustBank) organized its annual shareholders’ meeting on March 28 and passed this year business targets whereby in 2011, the lender plans to hike its chartered capital to 5 trillion dong, up 66.7% over 2010. The bank’s total assets will increase to 28 trillion dong, growing 41.6% year [...]

Trustbank to sell stake to UAE bank

Dai Tin Commercial Joint Stock Bank (TrustBank) plans to sell its stake to First Gulf Bank of the United Arab Emirates (UAE) as a part of its effort to scale up its charter capital to VND5trillion from current VND3trillion this year. Dai Tin Commercial Joint Stock Bank (TrustBank) plans to sell its stake to First [...]

TRUSTBank to have strategic partner

The Long An Province-headquartered Dai Tin, or TRUSTBank, will have a strategic foreign partner after it increases its chartered capital by VND2 trillion (US$100 million) this year, according to a company official. Chairman Hoang Van Toan told Viet Nam News a contract had been concluded with First Gulf Bank of the United Arab Emirates for [...]

TrustBank sets up 100b dong debt management offshoot

State Bank of Vietnam (SBV)’s governor on November 10 agreed Great Trust Commercial Joint Stock Co Bank (TrustBank) to establish Dai Tin (Great Trust) Asset Exploitation and Debt Management One-member Co. Ltd (TBA). Accordingly, TBA headquartered at No 25-27 Truong Van Bang, ward 2, Tan An city in the southern province of Long An will [...]

Stay informed everyday

Subscribe to free RSS and email updates from Vietnam Business News

Subscribe via Email Subscribe in a Reader Follow us on Twitter Connect on Facebook

RSS Singapore Business News

  • House price growth continues to slow: URA
  • Singapore shares surge 2% on Europe hopes
  • Property prices up marginally in September: NUS
  • 60 companies lauded at SME1 Asia Awards
  • MAS lifts penalty on DBS bank for network glitch
  • SMRT Q2 net profit down 25.6%

RSS India Business News

  • Diwali bonanza: Investors become richer by Rs 2.66 lakh crore
  • Is purchasing a house a loss making investment proposition?
  • RBI seeks views of stakeholders on terms of reference of Nair Committee on priority sector lending
  • RBI ask NBFCs to phase out use of cheques and shift to electronic payment system
  • Sensex shoots up 516 points even as EU stocks take a hit
  • Overseas investors pull out $1.6 billion from India portfolio

RSS Malaysia Business News

  • AirAsia X registered strong growth in Q3
  • Pharmaniaga in Mid-East JV deal
  • Faber hospital concession extended
  • CPO extends uptrend on better sentiments
  • Which player can steal more eyeballs in pay-TV market?
  • YTL Comms is the frontrunner for the RM1.5bil 1Bestarinet to wire up schools

Sponsored

  • Looking for an overseas forex broker?
  • Trading Point now offering Forex Malaysia and FX Japan with Forex, CFD's and Futures.