Vietnam Bank News

Vietnam Bank Directory

Trade BCHUSD, Bitcoin and Cryptocurrencies

BUY & SELL BCHUSD | View BCHUSD News & Updates


Buy Sell BCHUSD, Bitcoin and Cryptocurrencies

Banking News & Financial Services News
Get the latest banking news headlines from Vietnammarkets.com. Find in-depth Vietnam coverage from banking, investing, financial, stock market, and more abou Vietnam banking system, bank for industry and trade, Vietnam banking sector.

Eximbank approved to sell 25% stake to foreign investors   2008-05-19 - ND

Accordingly, Sumitomo Mitsui Banking Corporation (SMBC), Eximbank’s strategic investor, will buy 15% stake of Eximbank. Three other investors, VOF Investment Ltd. of Virgin Islands, Mirae Asset Exim Investment Ltd., a member of the Mirae Asset Group of the Republic of Korea and Mirae Asset Maps Opportunity Vietnam Equity Balanced Fund 1 (OVEBF) will own 5%, 4.5% and 0.5% stake of the bank respectively.

Eximbank and SMBC signed an agreement on November 27 2007 in Tokyo in which Sumitomo Mitsui will purchase 15% of Eximbank shares worth US $225 million to become the strategic partner of Eximbank.

SMBC has pledged to support and co-operate with Eximbank in retail banking services, corporate banking services for Japanese firms operating in Vietnam, T/F services, experience sharing in corporate governance, including risk management in conformity with international standards, etc.


Other Banking News

Singaporean bank to buy additional 5 percent in local lender   2008-05-19

Vietnam builders halt projects to avoid bankruptcy   2008-05-19

Savers to reap reward from central bank decision   2008-05-19

Singaporean bank to buy additional 5 percent in local lender   2008-05-17

Sacombank Financial Group makes its debut   2008-05-17

HSBC sells insurance, seeks additional Vietnam insurer   2008-05-15

Office rents head further north in southern hub   2008-05-13

Vietcombank bosses face worried shareholders   2008-04-29

Central bank won’t change rates on inflation   2008-04-27

ANZ CEO sees changes in Vietnam’s future   2008-04-19

Vietnam central bank tells ACB to slow 2008 lending   2008-04-18

Banks see strong results despite tough policies, interest rate wars   2008-04-16

Citigroup hires new head of Vietnam investment banking   2008-04-14

Tight credit causes liquidity issues for banks   2008-04-08