| 31.08.2016 - Vietcombank to sell 7.73 percent stake to Singapore SWF |
| Singapore's sovereign wealth fund GIC is set to acquire a 7.73 percent stake on a fully enlarged basis in Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), Vietcombank announced on August 29. The two entities signed a memorandum of agreement, under which GIC will purchase nearly 305.82 million new shares in Vietcombank, Vietnam’s largest bank by market capitalisation.............................................Full Article: Source |