S.Korea's Hana Bank completes $875 mln acquisition of 15% stake in Vietnam's BIDV
BIDV has completed the sale of a 15% stake to KEB Hana Bank for 20.3 trillion dong ($875.00 million)
South Korea's Hana Bank to buy 15% stake in Vietnam's BIDV for around $850 million
BIDV, Vietnam’s second-largest listed bank with a market capitalization of $5.26 billion, said it will issue 603.3 million new shares for the stake sale
Vietnam arrests former BIDV banker amid graft crackdown
BIDV said the arrest would not impact its 'normal operations'
ADB, commercial lenders provide $300mn for Vietnam bank to support SMEs
The loan makes ADB the first development finance institution to provide long-term lending to BIDV
Vietnam's BIDV plans to sell 15 pct stake to S. Korean bank
State ownership at BIDV will drop to less than 90 percent following the deal
Vietnam expels former Mobifone chairman, ex-BIDV chairman from Party
The former telecom chairman was expelled for his role in a $392mn investment scandal, and the ex-bank chairman for multiple violations when leading the state lender