Sai Gon-Ha Noi Bank (SHB) and Viet Nam Technological and Commercial Joint Stock Bank (Techcombank) have been assigned to support projects signed between Viet Nam and the World Bank.
Do Quang Hien, chairman of Sai Gon-Ha Noi Bank (SHB)’s management board, is the only entrepreneur from the financial and banking sector to be honoured at the Asia Pacific Entrepreneurship Awards – APEA 2017.
Sai Gon-Ha Noi Bank (SHB) will issue 100 million shares worth VND1 trillion (US$ 43.8 million) to shareholders under its merger plan with Vinaconex-Viettel Finance JSC (VVF), the bank announced in a statement on Monday.
The Asia Commercial Bank (ACB) will be the latest bank to join the wave
of mergers among commercial banks and finance companies that is expected
to become a major trend this year.