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August 28, 2015 10:02 AM ET

Capital Markets

Company Overview of Vietnam Public Joint Stock Commercial Bank

Company Overview

Vietnam Public Joint Stock Commercial Bank, together with its subsidiaries, operates as a non-banking financial institution in Vietnam. It provides various credit services, such as corporate finance, factoring, guarantee, project finance, syndication, and trust lending; financial advisory services, including structured finance service, fund management, advisory, insurance agency, clean development mechanism project development, enterprise valuation, and project’s financial planning; and money market and forex services. The company also offers personal finance services comprising credit services, such as valuable notes pledge, home loan, car loan, assets mortgage, salary loan; forward trading...

22 Ngo Quyen Street

Hoan Kiem District

Ha Noi,  

Vietnam

Founded in 2000

Phone:

84 4 3942 6800

Fax:

84 4 3942 6796

Key Executives for Vietnam Public Joint Stock Commercial Bank

Chief Executive Officer, Director General, Member of Management Board and Director
Age: 44
Chairman and Deputy General Director
Age: 45
Vice Chairman, Vice President and Director
Age: 56
Head of Internal Audit and Supervisor
Chief Accountant
Compensation as of Fiscal Year 2015.

Vietnam Public Joint Stock Commercial Bank Key Developments

Vietnam To Privatize Parts Of Energy Industry

Vietnam plans to reduce its ownership stakes in some state energy companies, the Ministry of Industry and Trade said earlier in the week. The government plans to sell a 49% stake in Binh Son Refining and Petrochemical Company Ltd. (BSR), said Cao Quoc Hung, the ministry's deputy minister. The government also plans to reduce its ownership of PetroVietnam Oil Corporation (PVOil) from 100% to 51% and in Vietnam Public Joint Stock Commercial Bank (PVcomBank) from 51% to below 20%, Cao Quoc Hung said. The Vietnam Oil and Gas Corporation (PVN) would remain state-owned until at least 2030, Cao Quoc Hung said. Along with PVN, the State will maintain a decisive role in important subsidiaries, including Petrovietnam Gas Joint Stock Corporation (HOSE:GAS) (PVGas) and Vietnam National Petroleum Corporation (Petrolimex), Cao Quoc Hung said. The state plans to lower its stake from the current 96.7 % to below 75% in PVGas while it will remain at 75% in Petrolimex. Nguyen Viet Son, Deputy General Director of General Department of Energy, said that the restructuring of the oil and gas sector would improve the sector's competitiveness.

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To contact Vietnam Public Joint Stock Commercial Bank, please visit www.pvfc.com.vn. Company data is provided by Capital IQ. Please use this form to report any data issues.

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