May 26, 2017 8:23 PM ET

Banks

Company Overview of Joint Stock Commercial Bank For Foreign Trade Of Vietnam

Company Overview

Joint Stock Commercial Bank for Foreign Trade of Vietnam provides banking products and services for individuals, corporates, and financial institutions in Vietnam and internationally. The company accepts personal and savings accounts; and business accounts, such as current accounts, and time and special deposit products. Its loan products comprise personal loans; and short-term lending, working capital financing, project finance, leasing, and trade finance products. In addition, the company offers various cards; account services, including demand and term deposit accounts, fund management, and auto-investment services; and money transfer, bancassurance, payments and cash management, foreign ...

198 Tran Quang Khai Street

Hoan Kiem District

Hanoi,  

Vietnam

Founded in 1963

Phone:

84 4 3934 3137

Fax:

84 4 3826 9067

Key Executives for Joint Stock Commercial Bank For Foreign Trade Of Vietnam

Joint Stock Commercial Bank For Foreign Trade Of Vietnam does not have any Key Executives recorded.

Joint Stock Commercial Bank For Foreign Trade Of Vietnam Key Developments

Vietcombank Seeks Acquisitions

Joint Stock Commercial Bank For Foreign Trade Of Vietnam (HOSE:VCB) (Vietcombank) plan to issue an additional 360 million shares. The shares will be sold either to the public or offered to no more than 10 investors (including existing shareholders) in a private placement in late 2017 or next year. Vietcombank plans to use about VN3 trillion of the proceeds from the issuance to expand lending and other business activities, as well as fund possible mergers and acquisitions (M&As). At the banks annual shareholders meeting on April 28, 2017, its Chairman Nghim Xun Thnh said M&As would be a long-term strategy and should ensure that Vietcombank expands its network and accesses new markets. Regarding this criteria, Thnh said Vietcombank has not yet found suitable partners.

Joint Stock Commercial Bank for Foreign Trade of Vietnam Announces the Resignation of Yutaka Abe as Deputy CEO

The Board of directors of Joint Stock Commercial Bank For Foreign Trade Of Viet Nam approved the resignation of Mr. Yutaka Abe as Deputy CEO as from April 14, 2017.

Joint Stock Commercial Bank For Foreign Trade Of Vietnam, Annual General Meeting, Apr 28, 2017

Joint Stock Commercial Bank For Foreign Trade Of Vietnam, Annual General Meeting, Apr 28, 2017, at 09:30 Singapore Standard Time. Location: National Convention Center, Pham Hung street Me Tri, Tu Liem Ha Noi Vietnam Agenda: To consider report on the company’s business result in 2016 & plans for 2017; and to consider report on the company’s operation by BODs and supervisory board.

Recent Private Companies Transactions

Type
Date
Target
Private Placement
August 29, 2016
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