Previous close | 25.70 |
Open | 25.20 |
Bid | 25.00 |
Ask | 29.50 |
Strike | 30.00 |
Expiry date | 2024-05-17 |
Day's range | 25.70 - 25.70 |
Contract range | N/A |
Volume | |
Open interest | N/A |
HCM CITY, VIETNAM - Media OutReach Newswire - 30 April 2024 - The Hồ Chí Minh City Development Joint Stock Commercial Bank (HDBank, stock code: HDB) has announced an ambitious pre-tax profit target of VND15.85 trillion (US$625.5 million) for 2024, a 22% increase from the previous year, at its annual general meeting on Friday, April 26. Customers conduct transactions at an HDBank branch in HCM City. Photo courtesy of HDBank. One of the key factors driving growth is the lender's focus on maintaini
Japan's Mitsubishi UFJ Financial Group (MUFG) is considering sweetening its $1.7 billion offer for a minority stake in Indian lender HDFC Bank's non-banking unit, Bloomberg News reported on Monday. Both sides are looking to reach an agreement for a 20% stake in HDB Financial Services in about a month, the report said, citing people familiar with the matter. HDFC Bank, which had a 94.84% stake in HDB Financial as of March 2023, and MUFG both did not respond to a Reuters request for comment.
India's largest private lender HDFC Bank has surprised on deposit mobilisation and margin expansion despite a lower than expected fourth-quarter profit, analysts said. The private lender reported a sequential rise in profit but missed analysts' estimates as it set aside more funds for potential bad loans. HDFC Bank merged with parent Housing Development Finance Corp in July, following which analysts had flagged margin and liquidity concerns as the merger added a large pool of mortgage loans to the bank's portfolio but a much smaller amount of deposits.