Vietnamese banks honoured in Cambodia

May 27th at 13:40
27-05-2015 13:40:40+07:00

Vietnamese banks honoured in Cambodia

The Bank for Investment and Development of Viet Nam (BIDV) and its member the Bank for Investment and Development of Cambodia (BIDC) were honored at a ceremony on Monday in Phnom Penh for their outstanding contributions to the socio-economic development of Cambodia.

During the event, attended by Cambodian Deputy Prime Minister Men Sam An and Vietnamese Ambassador to Cambodia Thach Du, 24 individuals and units from the banks were granted with first and second class Royal Orders of Cambodia.

Addressing the event, the Deputy PM hailed the banks' business activities together with their contributions to social security and poverty reduction. The banks have donated a total of US$6 million to humanitarian programmes in Cambodia.

bizhub



NEWS SAME CATEGORY

Experts: Card usage insecure in Vietnam

ATM cards make up a lion’s share of some 80 million bank cards in Vietnam but the security of these plastics is very low as they use old technology, experts at...

Agribank receives service excellence award

The Viet Nam Bank for Agriculture and Rural Development (Agribank) has been awarded the 2014 Prize for Excellence in Payment Quality by the US's Wells Fargo Bank.

BIDV closes Mekong Housing Bank merger

The merger between the Mekong Housing Bank and the Bank for Investment and Development of Vietnam was completed yesterday.

Paving the way for insurance growth

The liberalisation of Vietnam’s insurance market began on December 18, 1993 with Decree No100/CP issued by the prime minister. Since then, the country’s insurance...

Dollar rises, gold price falls in local market

Local commercial banks listed their dollar rates on May 25, just VND20 lower than the ceiling price set by the State Bank of Viet Nam (SBV).

OCB's profit drops due to risk management budget

The Orient Commercial Bank (OCB) yesterday reported that it recorded a pre-tax profit of only VND16 billion (US$740,000) in the first quarter of this year.

Vietinbank officially merges with PGBank

Viet Nam Bank for Industry and Trade (VietinBank) and the Petrolimex Group Commercial Joint Stock Bank (PGBank) signed an official merger document yesterday...

Environmental tax causes fuel prices to soar in Vietnam

It is said that we should never tell the same lie twice, but this seems to be the case of the argument that a“higher environmental tax does not mean higher fuel...

LienVietPostBank announces pre-tax profit in Q1

Lien Viet Post Joint Stock Bank (LienVietPostBank) yesterday announced that its total pre-tax profit rose by 15.2 per cent to VND212 billion (US$9.8 million) in the...

Bad debts decline at Sacombank

The bad debt ratio of Sai Gon Thuong Tin Commercial Joint Stock Bank (Sacombank) fell from 1.46 per cent to 1.19 per cent during the first quarter of this year.

Bank stocks

Insurance stocks


MOST READ


Back To Top