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HSBC Great Offers - Lucky Draw Result of The Credit Card Promotion
Congratulations to the 100 winners who have won the lucky-draw prizes of the promotion "HSBC Great Offers – Lucky Draw For Credit Card Usage" and are qualified for receiving VND 3 million each. For more details, please click here.
Banking system upgrade announcement
HSBC would like to inform that there will be an upgrade exercise conducted on HSBCnet, Personal Internet Banking, PhoneBanking and ATM Network from 18 May to 19 May 2013.
Economics Data Reaction - SBV delivers another 100bp cut
Thanks to slowing inflation, the central bank delivered another 100 bp cut to main policy rates. But the issue with sluggish credit growth in Vietnam is not supply but demand driven. To materially raise sluggish credit demand, the central bank will need to instill confidence and resolve the bad debt issue. Unless it unveils concrete plans to reform the banking and state-owned sectors, Vietnam will continue to rely on exports to drive up aggregate demand and the recovery process will be a gradual one. We expect the OMO rate to stay steady after this cut.
HSBC Holdings Plc - First Quarter 2013 - Results Highlights
Reported profit before tax ('PBT') for the first quarter of 2013 ('1Q13') was US$8.4bn, up 95% compared with the first quarter of 2012 ('1Q12'). This included adverse movements of US$0.2bn on the fair value of our own debt (1Q12: US$2.6bn) and gains of US$1.1bn from disposals and the reclassification of an associate (1Q12: US$0.2m).
Revised requirement for HSBC Gold Credit Card application
We would like to inform you that we have recently adjusted the new minimum monthly income requirement for holding a HSBC Visa Gold Credit Card to VND 12 million. For more details, please click here.
Compare personal loan interest rates
Check out our interest rate comparison and learn some useful questions to ask before taking a loan.
Third Party Sales Agents (TPSAs)
Are our business partners in telemarketing services. They are permitted to provide guidance and receive customers' documents for Personal Installment Loan and Credit Card on behalf of HSBC Bank (Vietnam) Ltd.
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