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Ngân hàng TNHH MTV CIMB Bank Việt Nam CIMB Vietnam Malaysia The Hallmark, 15 Tran Bach Dang, Thu Duc City, HCMC Ngân hàng TNHH MTV Public Bank Việt Nam Public Bank Vietnam Malaysia Hanoi Tungshing Square Tower, 2 Ngo Quyen, Hoan Kiem Dist., Hanoi Capital Chi nhánh Ngân hàng TNHH MTV Hong Leong Bank tại Việt Nam
On 1 January 2009, HSBC started operating its locally incorporated entity and became the first foreign bank to incorporate in Vietnam, after gaining approval from the State Bank of Vietnam (SBV) to set up a Wholly Foreign-Owned Bank (WFOB) in Vietnam in September 2008.
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HSBC Holdings plc (Chinese: 滙豐; initialism from its founding member The Hongkong and Shanghai Banking Corporation) is a British universal bank and financial services group headquartered in London, England, with historical and business links to East Asia and a multinational footprint.
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In 2005, global bank Government of Vietnam acquired a 10% stake in Techcombank. [ 7 ] [ 8 ] In 2008, HSBC increased its stake in the bank to 20% by making a follow-on investment of $77.1 million. [ 9 ] [ 10 ] In 2017, HSBC divested its strategic investment in Techcombank by selling its 172 million share stake. [ 5 ]
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This was an expression of Bao Viet's new business model based on the three pillars of insurance, securities and banking. Besides basic banking services, the bank is also involved in insurance sales and wealth management advise. [7] Bao Viet Investment (55% owned by BVH [4]) was set up in January 2009 and specialised in construction investment ...