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Tag Archives: Bank

Bank of India enters Vietnam: report

Bank of India has opened its first branch in Vietnam with a capital of US$ 15 million, a move that is expected to help increase the countries’ trade activities, local media has reported. The branch, located in downtown Ho Chi Minh City, is the 61st overseas branch of the lender ...

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World Bank cuts Vietnam growth forecast to 6 percent

The World Bank has lowered its forecast for Vietnam’s economic growth in 2016 to 6 percent, down from its previous projection of 6.2 percent in April. In a statement released on Tuesday, Achim Fock, the World Bank’s acting country director in Vietnam, said despite softer growth this year, the country’s ...

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Fair Game: A Bank Too Big to Jail

Fair Game By GRETCHEN MORGENSON Have you ever wondered why the crippling 2008 financial crisis generated almost no criminal prosecutions of large banks and their top executives? Then take a moment to read the congressional report issued on July 11 titled “Too Big to Jail.” Citing internal documents that the ...

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Bangkok Bank targets 18 percent growth in Vietnam: report

Bangkok Bank, Thailand’s largest lender by assets, has more than tripled its registered capital in Vietnam as it targets an ambitious loan growth of 18 percent this year. Tharabodee Serng-Adichaiwit, general manager of the Vietnam branch, said in a Bangkok Post report that the bank is positive Vietnam’s economic growth ...

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