Fintech News Singapore

Vietnam Sets New State Ownership Targets for Three Major Banks

Vietnam will maintain majority control of BIDV, Vietcombank and VietinBank under a new state capital restructuring plan. Reuters reported that the government has set a state ownership requirement of at least 65 percent for the three banks by 2030. VietinBank will need to increase its state shareholding from 64.46 percent to 65 percent, a rise [...] The post Vietnam Sets New State Ownership Targets for Three Major Banks appeared first on Fintech Singapore.

By Fintech News Singapore

1 min read
Vietnam Sets New State Ownership Targets for Three Major Banks
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