Hong Phuc
According to a statement released last week, VPBank said OCBC’s pullout had left no foreign ownership at the bank.
The bank now has nearly 3,700 local individual shareholders with a combined stake of 87.86% and 35 domestic institutional shareholders with a total 12.14% stake. The bank has neither major shareholder nor foreign shareholder.
This shows a diverse share ownership structure at the bank. There has been little change in the structure except for the transaction of OCBC, the statement said.
On November 22, OCBC offloaded over 85.8 million shares, or a 14.88% stake, of the local bank, ending a seven-year partnership. VPBank was the first bank in Vietnam to sell shares to a strategic foreign partner.
Domestic individual shareholders acquired all the shares from OCBC.
VPBank has total assets of over VND119.5 trillion and equity of over VND7.1 trillion. In the Jan-Sept period, the bank obtained total profit of VND560 billion.
Đăng ký: VietNam News