Saigon – Hanoi Commercial Joint Stock Bank (SHB) has been granted approval by the State Bank of Việt Nam (SBV) to raise its charter capital to VNĐ45.9 trillion (US$1.75 billion).
The banks are the Saigon-Hanoi Commercial Joint Stock Bank (SHB), Vietnam International Commercial Joint Stock Bank (VIB), and Oriental Commercial Joint Stock Bank (OCB).
National flag carrier Vietnam Airlines has signed a credit deal, worth VND4 trillion (US$173.7 million), with three commercial banks, to weather the financial impact of the COVID-19 pandemic.
The State Bank of Viet Nam this week approved in principle a plan
to merge the Saigon-Hanoi Commercial Joint Stock Bank (SHB) and
the Vinaconex-Viettel Finance JSC (VVF).
