HDBank, Senshu Ikeda ink deal

Jul 29th at 16:16
29-07-2016 16:16:10+07:00

HDBank, Senshu Ikeda ink deal

The Housing Development Commercial Joint Stock Bank (HDBank) has signed a memorandum of understanding with Japan's Senshu Ikeda Bank to provide investment advice and financial services to its customers seeking to enter Viet Nam.

 

Senshu Ikeda will offer similar services to HDBank's customers seeking to set up business in Japan.

They will also organise seminars on investment and other events for each other's customers and exchange personnel.

In 2014 HDBank and Japan's Hyakugo Bank established a Japan desk to support Japanese companies in Viet Nam.

This month the Vietnamese lender together with Banrai Trading Company organised a business-matching seminar for the Vietnamese and Japanese food industries.

bizhub



NEWS SAME CATEGORY

VNR names top 20 banks and insurance firms

The Vietnam Report announced the names of the 20 most reputation banks and insurance firms in Viet Nam on July 27.

Ha Noi loans increase in seven months

Credit in Ha Noi's commercial banks in the first seven months of the year rose 11.8 per cent against December last year to reach VND1,384 trillion (US$61.785...

Vietnam gets loans from World Bank to aid competitiveness, green growth

The World Bank and Vietnam on Monday signed agreements under which the country will get $371 million in loans and grants to support its economic competitiveness...

Banks fail to meet cross ownership deadline

Four months after the deadline set by the State Bank of Viet Nam (SBV) for resolving cross ownership in the banking system, the problem persists.

Settlement of banks' bad debts faces hurdles

Though the bad debt ratio of the banking system has been reported to drop to below 3 per cent of its outstanding loans, how to deal with the amount of bad debt...

Bank of India opens branch in HCM City

Bank of India on Friday officially inaugurated its first branch in HCM City, becoming the first Indian bank to receive a licence to open a branch in the country.

More clarity needed for future M&A

The Vietnamese M&A market has experienced an upward trend, with an increasing number of valuable transactions being completed. Robert Fish, Partner and Ngoc Anh...

Dong devaluation expected

The central bank is expected to devalue the Vietnamese dong against the US dollar by 2-3 per cent in the second half of this year to support exports and fight...

Vietnam’s bad debts surge as bank wrongdoings rise: state audit

An audit conducted last year into the 2014 performance of state-run Vietnamese companies and banks has found the country’s bad debt continuing to rise while little...

Generali Vietnam signs bancassurance partnership with Eximbank

Generali Vietnam Life Insurance LLC (Generali Vietnam) will offer life insurance products to Eximbank's customers through the bank's network of more than 200...

Bank stocks

Insurance stocks


MOST READ


Back To Top