Vietnam Largest Bank Vietcombank Plans Share Placement to Raise $500 Million to $1 Billion, Citigroup Selected to Arrange for Share Placement
16th March 2024 | Hong Kong
Vietnam largest bank Vietcombank (Joint Stock Commercial Bank for Foreign Trade of Vietnam) is planning for a share placement to raise $500 million to $1 billion, with Citigroup selected to arrange for the share placement. Established in 1963, Vietcombank is currently the leading commercial bank in Vietnam with total assets of US$50 billion and the highest market capitalization among credit institutions listed on Vietnam’s stock market. Vietcombank currently has over 22,000 employees with a wide network of activities throughout Vietnam. As a versatile bank with strengths in both wholesale, retail and investment services, leading in applying the best international standards, Vietcombank is always ready to provide customers with financial and banking services. Modern products with best quality. Vietcombank’s strategic goal to 2025 and vision to 2030 is to firmly consolidate its No. 1 position in Vietnam, rank among the 100 largest banks in Asia, and one of 300 major financial and banking groups. one of the 1000 largest listed companies in the world, actively contributing to the development of Vietnam.
“ Vietnam Largest Bank Vietcombank Plans Share Placement to Raise $500 Million to $1 Billion, Citigroup Selected to Arrange for Share Placement “
Vietnam Largest Bank Vietcombank Plans Share Placement to Raise $500 Million to $1 Billion, Citigroup Selected to Arrange for Share Placement
Vietcombank
Established in 1963, Vietcombank is currently the leading commercial bank in Vietnam with total assets of US$50 billion and the highest market capitalization among credit institutions listed on Vietnam’s stock market. Vietcombank currently has over 22,000 employees with a wide network of activities throughout Vietnam. As a versatile bank with strengths in both wholesale, retail and investment services, leading in applying the best international standards, Vietcombank is always ready to provide customers with financial and banking services. Modern products with best quality. Vietcombank’s strategic goal to 2025 and vision to 2030 is to firmly consolidate its No. 1 position in Vietnam, rank among the 100 largest banks in Asia, and one of 300 major financial and banking groups. one of the 1000 largest listed companies in the world, actively contributing to the development of Vietnam.
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