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Top News In ஷின்ஹான் வங்கி வியட்நாம் Today - Breaking & Trending Today

Korean banking groups to offset Myanmar losses in Southeast Asia

Korean banking groups to offset Myanmar losses in Southeast Asia ....

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Shinhan Life to focus on Vietnam, healthcare business after integration

Shinhan Life to focus on Vietnam, healthcare business after integration
koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.

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Credit cards for corporates facilitating cashless adoption

Besides the retail customer segment, banks are offering a range of credit cards designed to fit the evolving comprehensive needs of small- and medium-sized enterprises and corporates to heighten efficiency and manage business expenses. ....

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Will Kasikornbank purchase Citibank's retail business arm?


Will Kasikornbank purchase Citibank’s retail business arm?
17:47 | 17/05/2021
Kasikornbank – Thailand’s second largest financial institution – is allegedly a potential bidder to purchase Citibank’s retail business arm to increase its foothold in the wealth management, consumer lending, and credit card sectors.
“Kasikornbank is interested in the US lender’s business in Southeast Asia’s second-biggest economy and will study the details as soon as the process is open. Citigroup’s retail business here has a very large and good customer base,” Kattiya Indaravijaya, CEO of the bank told
Bloomberg.
Acquisitions and regional expansion are key for Kasikornbank, said Indaravijaya, as it fends off rising competition from new entrants into the industry, especially financial technology firms. Any bid for Citi’s retail business assets would only happen if an acquisition creates synerg ....

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Shinhan Bank Vietnam, a subsidiary of South Korea's Shinhan Bank, is top foreign bank in Vietnam


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Shinhan Bank Vietnam is the top foreign bank in Vietnam in terms of the number of networks it has in the country. Photo=Shinhan Bank
Shinhan Bank Vietnam, a subsidiary of South Korea s Shinhan Bank, is top foreign bank in Vietnam
ANI |
Updated: May 11, 2021 11:38 IST
Seoul [South Korea], May 11 (ANI/Global Economic): South Korea s leading bankShinhan Bank has also cemented itself as the No. 1 foreign bank in Vietnam.
With 41 networks in operation, Shinhan BankVietnam Ltd operates the largest number of local networks out of foreign banks in Vietnam, according to commercial banks on May 5. As of the end of 2020, Shinhan Bank has 161 overseas networks in 20 countries, so 25.4% of the bank s networks are concentrated in Vietnam. The heavy concentration of Shinhan Bank s overseas business in Vietnam also implies that the banking business in the country is growing rapidly. ....

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