Vietnam lender SHB seeks strategic foreign investor
Saigon-Hanoi Bank (SHB) is seeking an optimal strategic partner towards delivering greater value to customers and shareholders, a source with knowledge of the matter told The Investor Friday.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Bamboo Capital to partner with strategic investor to boost infrastructure segment
Bamboo Capital Group will transfer 21 million shares of its construction subsidiary Tracodi to a strategic partner experienced in infrastructure development in an effort to increase the firm’s competitiveness and seize opportunities from large-scale public investment projects.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vincom Retail likely to sell stake to strategic investors
Thailand's largest retailer Central Group and other companies are negotiating to buy a stake in Vincom Retail, the retail arm of Vietnam's biggest private conglomerate Vingroup.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
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
Half of Vietnamese private banks have 15% foreign ownership or less
While foreign ownership in some Vietnamese private banks has hit the regulated cap of 30%, others still have a lot of room for foreign investors to get in.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
SHB bank, VPBank raise foreign ownership limits
SHB has tripled its foreign ownership limit to 30%, the maximum allowed under the law, while VPBank previously raised its figure from 15% to 17.5%.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
- Editor’s Picks
-
No offshore wind projects in Vietnam until 2028: global council
-
Vietnam-Singapore Industrial Park JV earns $67 mln profit in 2023
-
Techcombank plans 10% stake issue to foreign strategic investors
-
Vietnam needs to build more highways: logistics firm exec
-
Vietnam central bank pumps cash to save troubled lender SCB
- Most Read
- Editor’s Picks
-
No offshore wind projects in Vietnam until 2028: global council
-
Vietnam-Singapore Industrial Park JV earns $67 mln profit in 2023
-
Techcombank plans 10% stake issue to foreign strategic investors
-
Vietnam needs to build more highways: logistics firm exec
-
Vietnam central bank pumps cash to save troubled lender SCB