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Banking News (Week 31, 2021)

Banking News (Week 31, 2021)

Friday 06, 08 2021
Following is the news brief on Vietnam’s banking industry for the 31st week of 2021 compiled by VietnamCredit.

VPBANK

Vietnam Prosperity Joint Stock Commercial Bank (VPBank - VPB) announced the results of collecting shareholders' opinions in writing. Specifically, the bank's shareholders approved the plan to increase VPBank's charter capital in 2021 by issuing shares to pay dividends and issuing shares from the Investment Fund and the Reserve Fund to supplement charter capital. Accordingly, VPBank will issue a maximum of more than 1.97 billion shares to existing shareholders, equivalent to the rate of 80%. In which, 62.15% is paying dividends in shares and 17.85% is issuing shares from equity. Currently, the bank's charter capital is at nearly VND 25,300 billion. After the successful issuance, VPBank's charter capital will increase to more than 45,057 billion VND. The expected implementation time is in the 3rd and/or 4th quarter of 2021.

VPBank

HDBank

To promote cash payment and improve convenience for customers in the distancing period, HDBank deployed a loyalty program called HDBank Loyalty. Customers only need to log in to the HDBank app to be able to save online, transfer money, top-up mobile phones, pay bills, deposit/withdraw e-wallets, and earn bonus points easily. Bonus points can also be earned through spending with international credit and debit cards, buying bonds. Bonus points can be exchanged into e-voucher used for shopping and paying for utility services. The program will last until September 17, 2021.

HDSaigon

HD SAISON Finance Company Limited (HD SAISON) offers many installment loan packages for vehicles based on the "3 diversity" criteria in terms of interest rate, loan term, and prepayment. Specifically, with high sales models of Honda Vietnam such as Wave Alpha, Wave RSX, Blade, Vision, Air Blade, and Winner X, HD SAISON supports customers to buy installment loans with many interest rate options such as from 0% or no upfront. This preferential loan package is applied at Honda Vietnam nationwide from July 15 to September 30, 2021. In addition, HD SAISON also provides loans with 0% interest rates for Vespa and Piaggio models such as Primavera, Sprint, Liberty 125, Liberty ONE, Medley, Zip. Besides, HD SAISON applies 0% interest rates with a loan of up to 60 million VND, helping customers buy electric motorbikes and electric bicycles from now until September 17, 2021.

HDSaigon

NCB

To meet the needs of opening accounts, transferring money, paying bills, using online services, and protecting customers in Ho Chi Minh City that is in the process of implementing Directive 16, National Citizen Commercial Joint Stock Bank (NCB) implements a preferential program. The program will last from July 28 to August 27, 2021. Accordingly, NCB immediately donates 100,000 VND to a payment account when a customer opens an online account and successfully identifies eKYC on the NCB iziMobile application. Offer only applies to customers who do not have an account at NCB and have a permanent address in Ho Chi Minh City.

NamABank

Nam A Bank is one of the pioneer banks to apply outstanding technologies in the strongly ongoing industrial revolution 4.0: artificial intelligence technology, cloud computing, mobile payment, fast transfer, and payment by QRcode. Open Banking digital bank belonging to Nam A Bank's technology ecosystem is always focused on perfecting and upgrading to bring new and optimal experiences to customers. Nam A Bank's Open Banking digital bank integrates modern and latest technologies, helping customers transact anytime, anywhere, maximizing experiences such as bill payment, phone top-up, transfer requests. In the coming time, Nam A Bank will continue to make strong strides in digital transformation with the goal of governance and operation on the digital platform, creating Different products and services that bring optimal and happy experiences to customers.

NamABank

Compiled by VietnamCredit

Categories
Banking & Finance

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