An HDBank transaction office in HCM City (Photo courtesy of the bank)
HCM
City (VNS/VNA) - The Ho Chi Minh City Development
Joint Stock Commercial Bank (HDBank) has announced plans to increase its
charter capital to more than 20.273 trillion VND (879.48 million USD) by paying
dividends for 2020 in shares and an employee stock option plan.
According to information
published by the
Ho Chi Minh Stock Exchange on June 4, the HDBank board of
directors approved the plan to hike the
charter capital in 2021 as approved at
the bank’s annual general meeting in April.
The bank will increase its
charter capital by 3.984 trillion VND (172.83 million USD) by issuing more than
Moody s affirms credit ratings for four Vietnamese banks english.vov.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from english.vov.vn Daily Mail and Mail on Sunday newspapers.
Moody’s affirms ratings of Masraf Al Rayan
29 Apr 2021 - 12:17
The Peninsula
Moody’s Investors Service (Moody’s) yesterday affirmed the long-term and short-term issuer ratings of Masraf Al Rayan (Masraf) at A1/P-1. At the same time, the rating agency placed on review for upgrade long-term and short-term bank deposit ratings of Al Khalij Commercial Bank (al khaliji) (AKCB) at A3/P-2.
In addition, Moody’s has affirmed the Baseline Credit Assessments (BCAs) and Adjusted BCAs of Masraf and AKCB at baa2 and ba1 respectively. The outlook on Masraf’s long-term issuer ratings remains stable.
The rating action follows the significant progress Masraf and AKCB have made in seeking approvals, including an initial approval from Qatar Central Bank, following the merger announcement in January 2021.