Vietnam Prosperity Commercial Joint Stock Bank (VPBank) has recently launched VP Business product package for corporate customers on the occasion of the 7th anniversary of the establishment of the Vietnam Enterpreneur’s Day (October 13, 2004-October 13, 2011). Accordingly, customers once registering to join this product will enjoy lower lending interest rate by 1% than the [...]
From today September 6, Vietnam Prosperity Commercial Joint Stock Bank (VPBank) is to officially launch a lending program with preferential interest rate for producers and exporters of agro-forestry and fisheries products and some other sectors to support the working capital. Accordingly, the lender will set aside of some three trillion dong for this program. The [...]
Vietnam Prosperity Commercial Joint Stock Bank (VPBank) has recently announced to successfully connect with the VNBC network via Smartlink system. With this connection, VPBank’s customers will connect with over 26,000 POS in Smartlink Alliance. In addition, VPBank will expand the POS transaction network with over 1,530 POS under VNBC network. Therefore, the cardholders can make [...]
The Vietnam Prosperity Commercial Joint Stock Bank (VPBank) will increase its chartered capital from the current 4 trillion dong to 5.05 trillion dong this year, heard the general meeting of the bank last week. The shareholders also approved the bank’s business plan this year with the total assets to reaching 80 trillion dong. As of [...]
Vietnam Prosperity Bank, 15 percent owned by Oversea-Chinese Banking Corp, expects its gross profit to jump 57 percent to 1.04 trillion dong ($50 million) this year. The Hanoi-based bank, also known as VPBank, has cut its pre-tax profit target from an initial plan of 1.35 trillion dong due to the government’s tightening of macro policies [...]
In the fiscal year 2011, Vietnam Prosperity Commercial Joint Stock Bank (VPBank) expects its total assets at 80 trillion dong, total deposits to grow 50 percent and credit growth at 20 percent. The lender’s AGM also passed a plan to hike its chartered capital to 5.05 trillion dong from dividend and capital surplus. This year, [...]
Vietnam Prosperity Joint Stock Commercial Bank (VPBank) on February 28 launched VP Super – a new package of services which offers a non-term interest rate of 9% p.a. for payment account compared to normal non-term interest rates of 1-4% p.a. VP Super users could also withdraw up to of VND100million/day and VND20million per withdrawal, transfer [...]
Vietnam Prosperity Commercial Joint Stock Bank (VPBank) on late February 15 posted a pretax profit of VND670billion in 2010, meeting 103% of its year-target amid hard times of Vietnam’s banking system, the local newswire CafeF reported. As of December 31, 2010, VPBank achieved a total asset of VND57 trillion, up 2.2 times on year; total [...]
Vietnam Prosperity Joint Stock Commercial Bank (VPBank) and Hoang Anh Gia Lai Joint Stock Company (HAGL jsc) on January 11 signed a partnership contract to support HAG’s home buyers, the local newswire CafeF reported January 12. VPBank will lend up to 70% of house values to HAG’s home buyers for 15 years without any proof [...]
Vietnam Joint Stock Commercial Bank for Private Enterprises (VPBank) officially announced its new logo as Vietnam Prosperity Joint Stock Commercial Bank (VPBank). On the occasion, the bank has developed promotion programme titled “golden week for prosperity of customers” in the first week from August 12 to 19. Accordingly, customers trading at VPBank will enjoy reductions [...]
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