australian lender cba completes sale of of remaining vib stake

Australian lender CBA completes sale of of remaining VIB stake

The Commonwealth Bank of Australia (CBA) has announced that it has completed the sale of its remaining 4.4 per cent shareholding in Vietnam International Commercial Joint Stock Bank (VIB) via the Ho Chi Minh Stock Exchange.
commonwealth bank of australia divests 10 per cent stake in vib

Commonwealth Bank of Australia divests 10 per cent stake in VIB

Commonwealth Bank of Australia (CBA) announced on October 29 that it has sold approximately 10 per cent of the shares on issue in VIB via the Ho Chi Minh Stock Exchange.
commercial bank of australia sells partial stake in vib

Commercial Bank of Australia sells partial stake in VIB

The Commonwealth Bank of Australia (CBA) has sold approximately 5 per cent of the shares on issue in VIB via the Ho Chi Minh Stock Exchange.
two foreign banks representative offices have licences withdrawn

Two foreign banks' representative offices have licences withdrawn

The State Bank of Vietnam (SBV) issued the decision to withdraw the licences of the representative offices of two foreign-invested banks, namely Kookmin from South Korea and Commonwealth Bank of Australia on April 8 and April 10.
cba owns 20 per cent stake in vib

CBA owns 20 per cent stake in VIB

Today Vietnam International Bank (VIB) and Commonwealth Bank of Australia (CBA) officially announced CBA’s increased stake as a strategic shareholder at VIB.
vib banks on enjoying common wealth

VIB banks on enjoying common wealth

Commonwealth Bank of Australia (CBA) has officially become Vietnam International Bank (VIB)’s foreign strategic shareholder with a 15 per cent stake holding.
australias commonwealth bank agrees to us 530m fine over money laundering breaches

Australia's Commonwealth Bank agrees to US$530m fine over money-laundering breaches

SYDNEY: The Commonwealth Bank on Monday (Jun 4) agreed to the largest civil penalty in Australian corporate history to settle claims it breached anti-money laundering and counter-terrorism financing laws.
liverpool ready to host 2022 commonwealth games if durban drops out

Liverpool ready to host 2022 Commonwealth Games if Durban drops out

LONDON: Liverpool is ready to stage the 2022 Commonwealth Games if Durban withdraws because of financial pressures.
china yuan must rise says australia bank chief

China yuan must rise, says Australia bank chief

Reserve Bank of Australia chief Glenn Stevens on Friday joined calls for China to strengthen the yuan, saying it would be beneficial to the global economy if there was more flexibility.
australia partners with world bank for vns development

Australia partners with World Bank for VN’s development

Australia will provide AU$25 million (US$18.7 million) to the World Bank over the next four years as part of a joint effort to help Việt Nam realise its economic development plan.
sustainable markets initiative unveils support to commonwealth member states at chogm

Sustainable markets initiative unveils support to Commonwealth member states at Chogm

In the presence of His Majesty King Charles III, as well as leaders from the Commonwealth as part of the Commonwealth Heads of Government Meeting's Business Forum, the Sustainable Markets Initiative (SMI) has launched several initiatives to further enhance its commitment and support to Commonwealth Members States.
national australia bank limited stops working in vietnam

National Australia Bank Limited stops working in Vietnam

National Australia Bank Ltd.'s five-year presence in Vietnam comes to an end as the State Bank of Vietnam (SBV) decided to revoke the license of its representative office in the country.
national australia bank cuts 300 staff over wrongdoing

National Australia Bank cuts 300 staff over wrongdoing

About 300 staff of National Australia Bank have been fired or left the company as a result of internal investigations into wrongdoing, Chief Executive Andrew Thorburn said on Friday (Oct 19), following public revelations of misconduct across the sector.
national australia bank opens first representative office in vietnam

National Australia Bank opens first representative office in Vietnam

The National Australia Bank today announced the opening of its new representative office in Vietnam as part of the bank’s ongoing investment in its capabilities throughout Asia.
national australia bank seeks opportunities in digital transformation

National Australia Bank seeks opportunities in digital transformation

National Australia Bank (NAB) is seeking opportunities related to digital transformation in Vietnam to tap into the growing local demand.
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