VPBank increases interest rates following VN’s football win

Jan 24th at 14:58
24-01-2018 14:58:23+07:00

VPBank increases interest rates following VN’s football win

Viet Nam Prosperity Joint Stock Commercial Bank (VPBank) on Tuesday announced an increase in interest rates on its customers’ savings accounts.

This move was attributed to Viet Nam winning over Qatar in the semi-finals of the finals of the Asian Football Confederation U23 Championship on the same day .

Accordingly, all customers whose names are Quang Hai and Tien Dung will get an additional 0.23 per cent on interest rates in their savings accounts at the bank today. All the remaining customers will get an additional 0.1 per cent. Goalkeeper Bui Tien Dung made history as his penalty save helped Viet Nam continue to the final of the championship. Vietnamese striker Nguyen Quang Hai, who scored four out of seven goals for his team, had two scores in the two-hour duration of the match.

The decision to raise the interest rates was made right after the thrilling win of U23 Viet Nam, thanks to the huge contribution of goalkeeper Tien Dung and midfielder Quang Hai.

bizhub



NEWS SAME CATEGORY

Banks help low-income earners

Commercial banks and financial companies are competing fiercely for a slice of the profitable personal-loan market as demand often rises sharply at the end of the...

Prudential to sell Vietnam consumer finance unit for $151 mln

Prudential Plc has agreed to sell its consumer finance business in Vietnam to a unit of South Korea’s Shinhan Financial Group for $151 million, as the UK’s largest...

Shinhan Card spends $150 million on Prudential Finance acquisition

Shinhan Financial Group has just announced that subsidiary Shinhan Card has completed the acquisition of Prudential Vietnam Finance Company Ltd.

SCB recognised as outstanding member by VSD

Standard Chartered Bank Viet Nam (SCB) was recognised by Viet Nam Securities Depository (VSD) as one of its top 10 outstanding members by assets under custody in...

Non-life insurers earn US$1.78 billion revenue in 2017

Non-life insurance premium in 2017 continued its sustained growth, with an estimated revenue of VND40.5 trillion (US$1.78 billion), representing an 11 per cent...

Agency to tax e-commerce like other businesses

The HCM City Tax Department plans to continue to collect taxes from online businesses that use Facebook and other social media sites.

Sacombank reports 10-fold jump in profit

Sacombank announced a pre-tax profit of over VND1.48 trillion (US$65.5 million) for last year, almost 10 times up from 2016.

Foreign exchange market to be stable in 2018

Commercial banks are optimistic about the foreign exchange market in 2018, noting that the market would be stable with the Vietnamese dong devaluing slightly by...

Loans to trade, services sector hit US$176.2 billion in 2017

Outstanding loans to the trade and services sector last year rose by 19 per cent against the end of 2016 to nearly VND3.7 quadrillion (US$176.21 billion), the State...

VPBank posted $356.6 million pre-tax profit

Viet Nam Prosperity Joint Stock Commercial Bank (VPBank) posted a pre-tax profit of more than VND8.1 trillion (US$356.6 million) in 2017, registering a 65 per cent...

Bank stocks

Insurance stocks


MOST READ


Back To Top