December 10, 2016 8:13 AM ET

Banks

Company Overview of DongA Commercial Joint Stock Bank

Company Overview

DongA Joint Stock Commercial Bank provides various banking products and services in Vietnam. It offers deposits and loan products, cards, current accounts, remittances, and automatic bill payment services, as well as foreign currency selling and exchange, term forex trading, and overseas study services to individuals. The company also provides corporate loans, guarantee services, business and investment products and services, international payment services, cash collection and payment services, and account services, as well as storage and site rental, asset management, and customized services for corporate customers. It also provides SMS, Internet, mobile, and phone banking services. It oper...

130 Phan Dang Luu Street

Ward 3

Phu Nhuan District

Ho Chi Minh City,  

Vietnam

Founded in 1992

Phone:

84 8 3995 1483

Fax:

84 8 3995 1603

Key Executives for DongA Commercial Joint Stock Bank

Standing Vice Chief Executive Officer, Deputy General Director and Member of Management Board
Age: 46
Vice Chief Executive Officer and Member of Management Board
Age: 58
Vice Chief Executive Officer, Deputy General Director and Member of Management Board
Age: 46
Vice Chief Executive Officer, Deputy General Director and Member of Management Board
Age: 37
Vice Chief Executive Officer, Deputy General Director and Member of Management Board
Age: 47
Compensation as of Fiscal Year 2016.

DongA Commercial Joint Stock Bank Key Developments

DongA Bank Appoints Nguyen Thanh Tung as New General Director

The central bank has appointed Nguyen Thanh Tung as the new general director of DongA Bank. DongA Bank plans to announce this decision on December 31. Tung, who has several years of experience in dealing with credit affairs, was appointed by the central bank as a member of the board of DongA in September, replacing Nguyen Thi Kim Xuyen, former board member and deputy general director of DongA. Previously, DongA Deputy General Director Nguyen An ran the bank operations after General Director Tran Phuong Binh was dismissed by the central bank on August 20 for violating the bank's regulations during his tenure.

DongA To Sell Stake

DongA Commercial Joint Stock Bank is looking to sell its stake to foreign funds. The bank has sought permission from the government to sell 49% stake to foreign investors to raise money for its restructuring efforts

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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