As the State Bank of Vietnam (SBV) calls on lenders to share profits to lower lending rates, banks continue to report substantial earnings, but a sharp decline or even a complete loss of profits could affect not only shareholder returns but also their ability to build capital and sustain credit growth.
VietinBank has appointed Nguyen Tran Manh Trung – an employee of nearly two decades – as CEO, filling the position that had remained vacant for almost three years. - VnExpress International
VietinBank is set to auction a penthouse in Hanoi for VND53.5 billion (US$2.1 million), marking a nearly VND6 billion decrease from its price a year ago, after failing to sell the property in four previous attempts. - VnExpress International
VietinBank is set to auction a two-seater 2021 McLaren 765LT Coupe seized in October starting at VND27.5 billion (US$1.13 million). - VnExpress International
