chinese fund latest to own more than 1 per cent stake in vpbank

Chinese fund latest to own more than 1 per cent stake in VPBank

China's Tianhong Vietnamese Market Equity Launched QDII Fund has become the latest shareholder to take a more than one per cent holding in VPBank.
vpbank highlights smbc deal at agm

VPBank highlights SMBC deal at AGM

Nguyen Duc Vinh, CEO of VPBank, spoke of the significant strides made last year at the bank's AGM on April 29, despite the challenges. A highlight of the year was VPBank selling a stake to Sumitomo Mitsui Banking Corporation (SMBC), infusing nearly $1.5 billion into the bank and positioning VPBank for growth as the economy recovers.
japanese lender smbc acquires 15 per cent stake in vpbank

Japanese lender SMBC acquires 15 per cent stake in VPBank

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

SMBC Nikko Securities fully divests from PetroVietnam Securities

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

VPBank announces plans to take over weak bank

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

VPBank meeting the needs of foreign customers

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

VPBank has received a 10 per cent deposit from SMBC

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

VPBank provides effective support for FIEs

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

VPBank announces SMBC as foreign strategic investor

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

SMBC divests from Eximbank after 15 years

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

SMBC spends over $9 million to scoop up SmartNet shares

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

SMBC scoops up SmartNet shares for over $9 million

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

SMBC terminates strategic alliance with Eximbank

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

Luong Thi Cam Tu succeeds Yasuhiro Saitoh as new chairwoman of Eximbank

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.
vietnams eximbank and japans smbc officially break up after 14 years

Vietnam's Eximbank and Japan's SMBC officially break up after 14 years

Eximbank and SMBC's 14-year strategic collaboration arrangement has finally come to an end.