Operations are going on “normally” at HCM City-headquartered DongA Bank after five of its managers and employees were arrested for financial wrongdoing, according to the central bank.
The central bank announced this afternoon that it had put DongA Bank under special supervision after its inspectors detected illegal activities there that could cause serious financial damage.
MoneyGram and its strategic partner Viet Nam DongA Bank yesterday (Jan
27) launched a new service that will deliver remittances to the homes of
the recipients.
HCM City, which has already almost achieved its full-year target for
preferential lending to enterprises, is seeking to increase the number
by half, a conference heard yesterday .
Shareholders of the joint stock DongA Bank have given the green light
for its board to explore mergers with or acquisition of other lenders as
part of its restructure plans.
The annual General Shareholders'' Meeting of DongA Bank Joint Stock
Commercial Bank on April 26 elected Cao Si Kiem as its new chairman of
the management board.
Joint-stock DongA Bank has signed a contract with the EVN Southern Power
Company (EVN SPC) to collect fees for electricity bills in the southern
cities and provinces.
DongA Bank has received diplomas of merit from the Ha Noi People''s
Committee and the State Bank of Vietnam for its socio-economic
contributions in the last 20 years.