Vietnam Bank News

Vietnam Bank Directory

Trade LTCUSD, Bitcoin and Cryptocurrencies

BUY & SELL LTCUSD | View LTCUSD News & Updates


Buy Sell LTCUSD, Bitcoin and Cryptocurrencies

Banking News & Financial Services News
Get the latest banking news headlines from Vietnammarkets.com. Find in-depth Vietnam coverage from banking, investing, financial, stock market, and more abou Vietnam banking system, bank for industry and trade, Vietnam banking sector.

French strategic partner assists SeABank   2008-11-25 - VNA

France ’s Societe Generale, strategic partner of the Southeast Asian Joint Stock Commercial Bank (SeABank), has provided a team of experts to assist the latter in business administration and risk control procedures.

According to the SeABank, Societe Generale will also assist the SeABank’s in the formulation of strategies to improve its services, expand its networks and ensure the professional development of its personnel.

This move is part of an agreement on comprehensive strategic cooperation and technical assistance between the SeABank and Societe Generale.

In August 2008, the French bank, one of Europe ’s leading financial and banking groups, officially became the SeABank’s strategic partner, purchasing a 15 percent stake in the Southeast Asian bank.

With a 144-year history, the Societe Generale Bank now owns total assets of over 1.68 trillion USD, employs 150,000 staff, and can boast 30 million clients and a network covering 85 countries worldwide.

Despite the global financial crisis, the bank posted post-tax revenues of 1.74 billion Euro (2.6 billion USD) for the first half of 2008.


Other Banking News

Local banking service provider scoops int’l award   2008-11-25

Banks cut deposit rates to reduce costs   2008-11-25

How to deal with mini banks?   2008-11-25

ACB sells Amex travellers cheques   2008-11-23

Prime rate continues going down   2008-11-20

Vietcombank plans zero growth on this year’s mobilization   2008-11-19

Interest rates down, banks in a dilemma   2008-11-19

Banks considering collecting ATM fees, again   2008-11-18

Banks lower rates, but can firms qualify for loans?   2008-11-16

Expanding branches financially burdening banks   2008-11-14

Royal Bank of Scotland completes rebranding of ABN AMRO   2008-11-12

ANZ won’t sell STBs   2008-11-10

HSBC explains foreigners’ net sales   2008-11-10

ANZ won’t sell STBs   2008-11-10