VIB Bank delays capital increase plan due to volatile market

Vietnam International Commercial Bank (VIB Bank) announced that it has temporarily suspended the plan of hiking the chartered capital from the current two trillion dong to three trillion dong due to a volatile market.

At present, VIB Bank owns total assets of nearly 40 trillion dong. Headquartered in Hanoi, VIB Bank has over 100 business sites in Hanoi, HCM City, Hai Phong, Quang Ninh, and Hai Duong.

Recently, the bank launched a prize based promotion programme “Dau xuan vui ve, dung the trung xe” for all VIB Chip MasterCard users with the valuable prizes including one Honda Click Play motorbike and four-monthly awards of Nokia 6600 Slide.

 

Category: Finance