OceanBank

Update news OceanBank

BUSINESS IN BRIEF 31/10

 VinGroup to convert international bonds into shares; Viglacera signs MoU with Cuban construction giant; Textile businesses investing in advance of TPP; EVN struggles to cope with rising input costs

Ocean Bank says liquidity still fine

Ocean Bank said on October 27 it has had no problem with liquidity since Ha Van Tham, former chairman of the bank, was detained by police last Friday on his alleged involvement in lending irregularities.

Stocks nosedive on bank scandal

 The arrest of a senior banking official late last week, the second in as many years, dragged down shares on both stock exchanges yesterday as investors tried to avert downward risks by selling more shares.

Real estate loan deals to kickstart credit growth rise

 VietNamNet Bridge – A number of banks have unveiled real-estate loan packages targeting feasible property projects and mortgages to intensify credit growth.