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
Founded in 2000
State Bank of Vietnam Eyes Stake In PVcombank
Jun 22 16
Vietnam Public Joint Stock Commercial Bank reportedly plans to be acquired by the State Bank of Vietnam, a stake of 52% in state-controlled PVcombank as part of the ongoing restructuring process at the medium-sized lender, The stake is currently held by PetroVietnam and the change of ownership will not cost the central bank money, citing a plan that PVcombank is expected to present to shareholders.
Vietnam To Privatize Parts Of Energy Industry
Aug 16 15
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.