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 State Bank of Viet Nam this week approved in principle a plan
to merge the Saigon-Hanoi Commercial Joint Stock Bank (SHB) and
the Vinaconex-Viettel Finance JSC (VVF).
