SeABank lifts FOL to 5 per cent

SeABank lifts FOL to 5 per cent

BRG Group's banking subsidiary SeABank has announced it would lift the foreign ownership limit ratio to 5 per cent to look for potential foreign investors.
OCB to increase charter capital and potentially lift FOL

OCB to increase charter capital and potentially lift FOL

The SBV has approved OCB to increase its charter capital to nearly $119.13 million by issuing nearly 274 million shares, with a dividend rate of 25 per cent.
Techcombank locks foreign ownership ratio at 22.5 per cent

Techcombank locks foreign ownership ratio at 22.5 per cent

The HSX has just announced that the Hanoi-based commercial bank Techcombank confirmed setting its foreign ownership limit at 22.4908 per cent.
VPBank looks for foreign strategic partner

VPBank looks for foreign strategic partner

VPBank has just announced setting its maximum foreign ownership limit at 15 per cent, with plans to make a private placement for a foreign strategic investor.
Masan raises foreign ownership limit to 100 per cent

Masan raises foreign ownership limit to 100 per cent

Vietnamese conglomerate Masan Group has just been approved by the State Securities Commission (SSC) to increase its foreign ownership limit to 100 per cent.
Banks plan to attract foreign capital

Banks plan to attract foreign capital

A number of banks continue planning to raise capital to improve their financial capacity and many have already deployed plans to attract more foreign capital.
Vietnamese banks take cautious approach to foreign ownership limit

Vietnamese banks take cautious approach to foreign ownership limit

Vietnamese banks assets are taking different approaches to their foreign ownership limit to counter the effects of the pandemic.
Domestic banks take cautious FOL approach

Domestic banks take cautious FOL approach

The current pandemic has not only put mounting pressure on the quality of Vietnamese banks’ assets and profitability but also dampened some lenders’ cross-border mergers, forcing them to take different solutions regarding their foreign ownership limit.
HDBank to fix FOL and privately issue $160 million international convertible bonds

HDBank to fix FOL and privately issue $160 million international convertible bonds

HDBank has just announced reducing its foreign ownership limit to 21.5 per cent and making a private placement of $160 million international convertible bonds.
Oil sector open on back of new eased FOL cap

Oil sector open on back of new eased FOL cap

Even if the latest proposal for international investors to be able to own up to 35 per cent of Vietnamese oil firms comes true, it may still not be smooth sailing for foreign groups to step up in the market.
Foreign ownership ratio in Binh Son Refinery slips

Foreign ownership ratio in Binh Son Refinery slips

From 4.74 per cent two years ago, foreign ownership in Binh Son Refining and Petrochemical Co., Ltd. has slipped to 0.07 per cent.
VPBank to drop foreign ownership limit from 23 to 15 per cent

VPBank to drop foreign ownership limit from 23 to 15 per cent

At its recent annual shareholders' meeting, the Board Directors of VPBank signalled that it would reduce its foreign ownership limit in the coming time.
SBV reneges on 49 per cent FOL proposal for fintech companies

SBV reneges on 49 per cent FOL proposal for fintech companies

The SBV has reneged on its intentions to add a 49 per cent FOL for payment intermediaries and fintech firms in the draft decree on non-cash payments.
Calls for FOL to be relaxed

Calls for FOL to be relaxed

State-owned commercial banks are calling for further relaxations on their foreign ownership limit this year.
Sabeco wants to remove the FOL

Sabeco wants to remove the FOL

Sabeco submitted a proposal to remove its FOL, potentially allowing ThaiBev to consolidate its hold or pass on the stake to another foreign company.
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