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Stock market frenzy signals financial capacity intentions


Stock market frenzy signals financial capacity intentions
10:55 | 10/03/2021
Stock market frenzy signals financial capacity intentions. Photo: freepik.com
SeABank – the banking arm of BRG Group’s ecosystem – has just confirmed its forthcoming first trading date on the Ho Chi Minh City Stock Exchange (HSX).
More than 1.2 billion shares of SeABank (ticker: SSB) were listed in December and will be officially traded from March 24, with a reference price on the first trading day of VND16,800 (7.3 US cents) per share.
Last week, BAC A BANK also listed 708.5 million shares on the Hanoi Stock Exchange (HNX). Having been conducting transactions on the Unlisted Public Company Market (UPCoM) since 2017, its stocks have officially ceased on the system and shifted to the HNX. ....

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Prudential, Maritime Bank expand, extend bancassurance partnership for 15 years - Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports


Update:
March, 05/2021 - 08:00
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Prudential Vietnam and Vietnam Maritime Commercial Joint Stock Bank have renewed their strategic bancassurance partnership for another 15 years.  Photo courtesy of Prudential Vietnam
HCM CITY Prudential Vietnam Assurance Private Limited, a subsidiary of Prudential Plc, and Vietnam Maritime Commercial Joint Stock Bank have renewed their strategic bancassurance partnership for another 15 years.
The new agreement significantly expands the geographical scope to include the north, where MSB is headquartered, and make Prudential the lender’s only partner.
They have been collaborating since 2013 and built a highly successful bancassurance partnership which delivered a 34 per cent compounded annual growth rate in annual premium equivalent between 2014 and 2020. ....

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