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VietinBank

Vietnam’s former ‘businessman of the year’ faces jail

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Nguyen Duc Kien, 49, co-founder of Asia Commercial Bank (ACB), one of Vietnam’s largest banks by assets, and once one of Vietnam's 100 richest persons...
Sumitomo pays $1.52b for Indonesia bank

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Japanese bank Sumitomo Mitsui Financial Group Inc. said on May 8 it has reached an agreement to pay around $1.52 billion to acquire a...
Vietnam top banks agree to merger

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The two leading commercial banks in Vietnam, Vietnam Export-Import Bank, or Eximbank, and Saigon Thuong Tin Bank, or Sacombank, have announced that they will...
Hunt for Vietnam banks has begun

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Stressed Vietnamese banks are facing rising interest of foreign buyers in its shares, whose value in the past was continuously shrinking on the back...