HBB: Information relating to SHB and HBB
On 14/3/2012, Hanoi Building Commercial Joint Stock Bank (HBB) issued documents explaining the news that Sai Gon - Hanoi Commercial Joint Stock Bank (SHB) is acquiring Hanoi Building Commercial Joint Stock Bank (HBB) as follows:
This news is inaccurate and groundless, affecting the prestige and operation of Hanoi Building Commercial Joint Stock Bank in particular and the system satety of commercial banks in general, disturbing information on the stock market, which may harm investors’ benefits. In the afternoon on 13/03/2012, the State Bank confirmed on its website that the news the State Bank approved Sai Gon - Hanoi Commercial Joint Stock Bank of acquiring Hanoi Building Commercial Joint Stock Bank is not accurate.
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