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Bao Viet Bank gets green light to increase charter
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Bao Viet Bank gets green light to increase charter
October 11, 2011
Bao Viet Bank gets green light to increase charter
Bao Viet Holdings was approved by the Government to continue investing in its subsidiary Bao Viet Commercial Joint Stock Bank (Bao Viet Bank).
After raising the charter capital of the bank from VND1.5 trillion (US$72 million) to VND3.15 trillion ($151.4 million), Bao Viet Holdings will possess 52 per cent of the bank's charter capital.
The capital raising process is scheduled to be completed by the end of this year.
http://www.vietfinancenews.com/2011/10/bao-viet-bank-gets-green-light-to.html#more
Bao Viet Bank gets green light to increase charter
Bao Viet Holdings was approved by the Government to continue investing in its subsidiary Bao Viet Commercial Joint Stock Bank (Bao Viet Bank).
After raising the charter capital of the bank from VND1.5 trillion (US$72 million) to VND3.15 trillion ($151.4 million), Bao Viet Holdings will possess 52 per cent of the bank's charter capital.
The capital raising process is scheduled to be completed by the end of this year.
http://www.vietfinancenews.com/2011/10/bao-viet-bank-gets-green-light-to.html#more
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