BaoVietBank to hike chartered capital to 3.15tr dong

The prime minister on October 3 approved Bao Viet Group to continue to invest in Bao Viet Bank (BaoVietBank) and hold 52 percent stake in the bank.
BaoVietBank’s chartered capital increase from 1.5 trillion dong to 3.15 trillion dong will be finalised before December 31, 2011 in accordance with the roadmap and plan approved by the bank’s shareholders on April 14, 2011.

Bao Viet Group will be the founding shareholder with 52 percent stake in BaoVietBank. – Source: Vietbiz24.com

Tags: BaoVietBank, Vietnam banking industry, Vietnam finance, Vietnam financial

Posted by VBN on Oct 8 2011. Filed under Banking-Finance. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry