Three banks from the ''Big Four'' group — Vietcombank (VCB), BIDV (BID), and VietinBank (CTG) — have made it into the top five largest companies by market capitalisation on Việt Nam’s stock exchange.
The Government has approved supplementing capital of nearly VND7 trillion (US$303.1 million) for Vietinbank (CTG) to maintain the State ownership rate at the bank.
The Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) on Thursday offered 30 million bond notes for sale as the bank wants to raise VND3 trillion (US$130.5 million).
Vietinbank, listed as CTG, posted pre-tax profit of more than VND7.4 trillion (US$319.6 million) in the first half of the year, representing 40 per cent year-on-year increase.