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Search Results: 20 results for keyword "SMBC".
Japanese lender SMBC acquires 15 per cent stake in VPBank
23-10-2023 17:02
Sumitomo Mitsui Banking Corporation (SMBC), the second-largest bank in Japan, has successfully concluded the private placement, buying 15 per cent of VPBank's equity investment, becoming a strategic shareholder in VPBank's upcoming expansion phase.
SMBC Nikko Securities fully divests from PetroVietnam Securities
16-10-2023 18:38
SMBC Nikko Securities Inc. has sold more than 8.9 million PSI shares since October 6, accounting for a just-under 15 per cent stake in the brokerage, according to the Hanoi Stock Exchange.
VPBank announces plans to take over weak bank
12-10-2023 11:54
Amidst the larger backdrop of restructuring within Vietnam's banking sector, VPBank has taken centre stage, declaring its readiness and financial capability to acquire a struggling bank. This bold step signals the bank's commitment to strengthening the country's banking ecosystem.
VPBank meeting the needs of foreign customers
22-05-2023 11:07
VPBank, together with strategic partner SMBC of Japan, aims to provide foreign customers with more comprehensive corporate financial services while taking care of their staff’s financial demands, thus contributing to their efforts to retain talented people and create high growth value in the long term.
VPBank has received a 10 per cent deposit from SMBC
19-05-2023 15:59
At an investor-update meeting on May 18, Luu Thi Thao, deputy general director of VPBank, revealed that the bank has received a 10 per cent deposit from Japanese partner SMBC, as part of the $1.5 billion private placement agreement signed between the two banks.
VPBank provides effective support for FIEs
17-05-2023 11:37
In a fresh move, the innovative Hanoi-based commercial lender VPBank has reiterated its focus on promoting the foreign direct investment (FDI) landscape in Vietnam through a cooperative deal with its strategic partner, Sumitomo Mitsui Banking Corporation (SMBC), to develop and supply an inclusive suite of solutions to support foreign-invested enterprises (FIEs) landing ventures in Vietnam.
VPBank announces SMBC as foreign strategic investor
27-03-2023 19:00
VPBank announced today that it has entered into an agreement with Japan’s Sumitomo Mitsui Banking Corporation (SMBC), a subsidiary of Sumitomo Mitsui Financial Group, Inc. (SMFG), to issue a 15 per cent equity stake through a private placement, officially welcoming SMBC as a foreign strategic investor of the bank.
SMBC divests from Eximbank after 15 years
17-01-2023 12:42
Sumitomo Mitsui Banking Corporation (SMBC) has divested from Vietnam Export Import Commercial Joint Stock Bank (Eximbank) after 15 years of strategic alliance.
SMBC spends over $9 million to scoop up SmartNet shares
15-11-2022 09:13
Sumitomo Mitsui Banking Corporation (SMBC) has inked a deal to form a capital alliance with Smart Net Trading Service JSC (SmartNet) with the purchase of shares valued at $9.36 million.
SMBC scoops up SmartNet shares for over $9 million
14-11-2022 14:59
Sumitomo Mitsui Banking Corporation has inked a deal to form a capital alliance with Smart Net Trading Service JSC with the purchase of shares valued at $9.36 million.
SMBC terminates strategic alliance with Eximbank
21-03-2022 15:58
The Japanese financial giant Sumitomo Mitsui Banking Corporation (SMBC) announced its exit from Vietnam's privately-held lender Eximbank on March 18.
Luong Thi Cam Tu succeeds Yasuhiro Saitoh as new chairwoman of Eximbank
17-02-2022 20:10
At the latest annual meeting of shareholders of Eximbank, Luong Thi Cam Tu has been chosen to succeed Yasuhiro Saitoh as newly-appointed chairwoman of the bank's board of directors in the 2020-2025 tenure.
Vietnam's Eximbank and Japan's SMBC officially break up after 14 years
09-02-2022 16:00
Eximbank and SMBC's 14-year strategic collaboration arrangement has finally come to an end.
Eximbank ends partnership with Japan's SMBC
09-02-2022 09:48
The Vietnam Export Import Commercial Joint Stock Bank (Eximbank) will terminate its partnership with Japanese Sumitomo Mitsui Banking Corporation (SMBC) as from February 7, according to a resolution of the bank's board of directors.
Japan's SMFG to enhance its M&A strategy
28-12-2021 10:44
Faced with bleak domestic growth prospects, Japan's Sumitomo Mitsui Financial Group (SMFG) is expanding its international footprint, including its presence in Vietnam.
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