In 2007, HDBank opened 19 branches and transaction offices, taking the total number of transaction points to 270. — Photo cafef.vnViet Nam News HÀ NỘI — HCM City Development Commercial Joint Stock Bank or HDBank has been approved by the State Bank of Vietnam to open 45 new branches and transaction offices in 2018. If the plan materialises, HDBank will increase its network to 315 transaction points. In 2007, HDBank opened 19 branches and transaction offices, taking the total number of transaction points to 270. Due to the expansion of its network and business plan, HDBank recruited more than 2,600 people in 2017, taking the total number of staff to more than 13,700. Last year, the bank recorded a pre-tax profit of VNĐ1.95 trillion (US$86 million), an increase of 113.7 per cent over 2016. The sharp increase in profit was attributed to an increase in the scale of lending and settlement of overdue debt, bad debt and non-performing assets as well as an … [Read more...] about HDBank allowed to expand business in 2018
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Le Tuan Minh ranked second at HDBank chess tournament 2018
The 22-year-old master defeated the champion Sandro Mereco from Argentina in the eighth round but drew Karthikeyan Murali from India in the ninth round. Le Tuan Minh of Vietnam (left) at the HDBank Chess Open. (Photo of organisers) As a result, Sandro Mereco won the berth with 7.5 points, while Minh was listed in the runner up group. Vietnam’s No.1 seed Le Quang Liem came third with 6.5 points. After seven editions in Ho Chi Minh City, this is the first time the HDBank Cup International Open Chess tournament has been held in Hanoi. It is the biggest professional chess tourney in Vietnam and Southeast Asia and a competition in the World Chess Federation’s system. The event attracted over 270 players from 21 countries and territories. Source: VNA … [Read more...] about Le Tuan Minh ranked second at HDBank chess tournament 2018
2018 HDBank Cup int’l chess competition officially commenced
Present at the opening ceremony were President of the World Chess Federation (FIDE) Kirsan Ilyumzhinov and representatives from relevant agencies, such as the State Bank of Vietnam, the Ministry of Culture, Sports, and Tourism, the Hanoi People’s Committee, and several embassies in Vietnam. Standing Deputy Chairwoman of HDBank Nguyen Thi Phuong Thao speaking at the event This was the first time Hanoi has hosted such an event with its biggest-ever prize fund of USD 55,000. At the ceremony, FIDE President Ilyumzhinov and Standing Deputy Chairwoman of HDBank Nguyen Thi Phuong Thao made the first chess moves to kick-start the six-day competition. The tournament attracts the largest ever number of players, 271 from 21 countries and territories, broken into two categories: Masters (Elo rating from 2,100 for men and 2,000 for women) and Challengers (Elo rating below 2,100 for men and 2,000 for women). Notably, the event sees the participation of many high-rated … [Read more...] about 2018 HDBank Cup int’l chess competition officially commenced
HDBank chess tournament attracts 271 players
GM Le Quang Liem (Source: VNA) Hanoi (VNA) – A total of 271 players from 21 countries and territories have registered to participate in the annual HDBank International Open Chess Tournament, slated for March 10 – 15 in Hanoi. The organising board said at a press conference in Hanoi on March 8 that among the participants, 132 will compete in the Master category for athletes who have Elo ratings of 2,100 for men and 2,000 for women, reflecting their word-class abilities. The rest will take part in the Challengers discipline. Vietnam, as the host, sends the best roster, including all 14 Vietnamese Grandmasters (GM), to the tournament. Defending champion GM Le Quang Liem (Elo rating 2,736) who is the world No 22, is seeded No 1, and China’s Wang Hao (Elo rating 2,713) is No 2. After the success of seven editions in Ho Chi Minh City, this is the first time the tournament is held in Hanoi. It is the biggest professional chess tournament in … [Read more...] about HDBank chess tournament attracts 271 players
Trial for HDBank branch former director opens
Viet Nam News HÀ NỘI - Hà Nội People's Court yesterday opened the trial of the former director of HDBank's branch on charges of swindling and appropriating assets. Accused Lê Quý Hiển, 40, residing in Nhân Chính Ward of Hà Nội's Thanh Xuân District, is the former director of Thăng Long branch of HCM City Development Stock Bank (HDBank). Standing in the court with Hiển were 14 other defendants, who are directors and chief accountants of stock and limited companies that are connected to the crime. Ten were prosecuted on charges of swindling and appropriating assets under the Criminal Code, while five others were prosecuted on the charge of lacking responsibility causing serious consequences. According to the indictment, Hiển took advantage of his position in the bank to sign and release nine guarantee letters of blank payment for five businesses to appropriate money valued at VNĐ149 billion ( US$6.5 million). In November 2011, Đỗ Thị Trang, who was director of Việt Thanh Company, … [Read more...] about Trial for HDBank branch former director opens