Monday, 15/10/2007 23:45

Foreign partners eye large share in VIB Bank

Many foreign financial institutions have showed interests in holding the allowed maximum 15 percent of VIB Bank’s shares as soon as it is listed on the bourse, according to a senior official of the bank.

In an interview with a Viet Nam News Agency reporter on October 15, VIB Bank’s Deputy Director General Trinh Thanh Binh said the bank has met with a number of world renown financial groups with the aim of reaching possible strategic partnership.

Apart from financial strength, the bank also sees huge potentials in technological, management and training assistance from such a strategic partner, he said.

VIB Bank has expanded its network across the country with the opening of three new branches in October. It aims to have more than 70 branches and transaction points nationwide by late October.

On October 15, the bank introduced its new debit card service to the domestic market, namely VIB Values Platinum.-Enditem

TTXVN

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