Five banks have donated a total of VNĐ25 billion (US$1.07 million) for the fight against the new Covid-19 outbreak that began in Đà Nẵng city, according to the State Bank of Vietnam.
The International Finance Corporation (IFC) investor group is now no longer a major shareholder of Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank), after selling more than 55.7 million shares of the bank.
The State Bank of Viet Nam has approved the plan submitted by the Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) to issue bonds worth VND10 trillion (US$427.5 million).
State-owned Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) will put more than 15.1 million shares of Saigon Bank for Industry and Trade (Saigonbank) up for auction in the second quarter of this year.
After three months with no chairperson, Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) has finally appointed Le Duc Tho to take the position on October 31.
Japan’s Mitsubishi UFJ Financial Group (MUFG) expected to increase its holding in VietinBank from the current 17.7 per cent to 50 per cent of the bank’s charter capital, according to the group’s vice chairman Eiichi Yoshikawa.
State-owned Vietnam Joint Stock Commercial Bank for Industry and Trade this week announced it plans to divest its holding in Saigon Bank for Industry and Trade.
The Vietnam Joint Stock Commercial Bank of Industry and Trade (Vietinbank) signed a syndicated loan agreement worth US$100 million with eight foreign financial institutions.
ETC, Tech Mahindra and SAP Viet Nam have started a data warehouse
project for the Vietnam Joint Stock Commercial Bank for Industry and
Trade (VietinBank) from February 17.
The Vietnam Joint Stock Commercial bank for Industry and Trade
(VietinBank) has increased the value of its investment in Laos after
setting up business operations here almost two years ago.