Japanese lender SMBC acquires 15 per cent stake in VPBank
October 23, 2023 | 17:02
Sumitomo Mitsui Banking Corporation has successfully concluded buying 15 per cent of VPBank's equity investment.
VPBank announces plans to take over weak bank
October 12, 2023 | 11:54
VPBank has signalled its readiness to acquire a struggling bank amidst sector restructuring.
VPBank has received a 10 per cent deposit from SMBC
May 19, 2023 | 15:59
VPBank has received a 10 per cent deposit from Japan's SMBC as part of their private placement agreement.
VPBank provides effective support for FIEs
May 17, 2023 | 11:37
The innovative Hanoi-based commercial lender VPBank has reiterated its focus on promoting the foreign direct investment (FDI) landscape in Vietnam.
VPBank announces SMBC as foreign strategic investor
March 27, 2023 | 19:00
VPBank has announced it has entered into an agreement with Japan’s SMBC to issue a 15 per cent equity stake through a private placement.
SMBC divests from Eximbank after 15 years
January 17, 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
November 15, 2022 | 09:13
Sumitomo Mitsui Banking Corporation has inked a deal to form a capital alliance with SmartNet to purchase of shares valued at $9.36 million.
SMBC terminates strategic alliance with Eximbank
March 21, 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
February 17, 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
February 09, 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
February 09, 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
December 28, 2021 | 10:44
Faced with bleak domestic growth prospects, Japan's SMFG is expanding its international footprint, including its presence in Vietnam.
VPBank completes sale in FE Credit to SMBC Group of Japan
October 29, 2021 | 11:00
VPBank announced the completion of a 49 per cent stake sale of its consumer finance arm FE Credit by SMBC Consumer Finance Co., Ltd. (SMBCCF), a wholly-owned subsidiary of Japan’s Sumitomo Mitsui Financial Group Inc. (SMBC Group).
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