SMBC acquires 15% stake in Vietnam’s VPBank for $1.5 bln
Vietnamese lender VPBank signed a deal on Monday to sell a 15% stake to Japan’s Sumitomo Mitsui Banking Corp. (SMBC) for about $1.5 billion through a private placement.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
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