The State Bank of Vietnam has given nod to branches of foreign banks to increase capital.
South Korea's KEB Hana Bank will spend $650-700 million to acquire a 15 per cent stake in BIDV.
Moody's Investors Service, also known as Moody's, has just upgraded the long-term local and foreign-currency deposit and issuer ratings of the three leading joint stock commercial banks of Vietnam.
Within less than five months leading the Southeast Asia Joint Stock Commercial Bank (SeABank), Nguyen Canh Vinh has resigned from this position since February 8, 2018, for personal reason.
Publication permit No. 348/GP-BTTTT dated July 19, 2017, granted by the Ministry of Information and Communications of the Socialist Republic of Vietnam
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