HCM CITY, VIETNAM, Dec. 5 (Korea Bizwire) — The HCM City Development Joint Stock Commercial Bank, or HDBank, is seeking shareholders’ approval to issue convertible bonds worth US$500 million to international investors. HDBank is also seeking approval to increase the foreign ownership limit from 18 per cent to 20 per cent. In 2020 and 2021 the [...]
HO CHI MINH CITY, VIETNAM, Dec. 6 (Korea Bizwire) – Within the framework of President Nguyen Xuan Phuc’s visit to the Russian Federation, Ho Chi Minh City Development JSC Bank (HDBank) signed a memorandum of understanding with the World Chess Federation (FIDE) and the Vietnam Chess Federation (VCF) in Moscow on December 1, 2021, for [...]
HO CHI MINH CITY, VIETNAM, Sept. 20 (Korea Bizwire) — Proparco, the French Development Finance Institution, has granted a US$50 million loan to HDBank to finance green projects and promote sustainable development in Vietnam. It marks the first collaboration between Proparco and HDBank. A pioneer in green lending, HDBank has in past years helped foster [...]
HO CHI MINH CITY, VIETNAM, June 8 (Korea Bizwire) – The Ho Chi Minh City Development Joint Stock Commercial Bank (HoSE: HDBank) has announced plans to increase its charter capital to more than VND20.273 trillion (US$879.48 million) by paying dividends for 2020 in shares and an employee stock option plan. According to information published by [...]
HO CHI MINH CITY, VIETNAM, April 29 (Korea Bizwire) — This is the first year of a five-year plan for HDBank and a busy one for its whole eco-system as it plans to undertake many more activities to enable it to reach new heights in all aspects, Nguyen Thi Phuong Thao, HDBank’s deputy chairwoman, has [...]
HO CHI MINH CITY, VIETNAM, April 28 (Korea Bizwire) – Shareholders of the Ho Chi Minh City Development Joint Stock Commercial Bank (HoSE: HDB) approved all the statements and proposals by the board of directors at its annual general meeting of shareholders on April 23. HDBank achieved its best results ever in 2020. Total consolidated [...]
HO CHI MINH CITY, VIETNAM, Nov. 30 (Korea Bizwire) – For its almost 100 per cent success rate in straight-through processing, the Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank, HOSE: HDB)has received the MT202 and MT103 STP awards for international payment servicesfrom J.P. Morgan Chase Bank. This is the third year in [...]
HO CHI MINH CITY, VIETNAM, Nov. 3 (Korea Bizwire) – The HCM City Development Joint Stock Commercial Bank (HDBank, HOSE: HDB) reported pre-tax profits (separately) of VND3.615 trillion (US$155.5 million) for the first nine months of the year, a year-on-year increase of 31.9 per cent and equivalent to 107 per cent of the target. The [...]
HO CHI MINH CITY, VIETNAM, Sept. 29 (Korea Bizwire) – The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank – HoSE: HDB) today announced the signing of an agreement to issue convertible bonds and enter into a strategic tie-up with DEG – DEUTSCHE INVESTITIONS- UND ENTWICKLUNGSGESELLSCHAFT MBH (“DEG”). DEG will invest in convertible [...]
HO CHI MINH CITY, VIETNAM, May 6 (Korea Bizwire) – HDBank, the Vietnamese-based financial institution, has today joined Contour, the open trade finance network, to increase its ability to extend trade financing to more corporates. This addition to Contour’s blockchain-based network further strengthens its offering to the trade finance industry. HDBank is the latest financial [...]