VPBank sells 15 per cent of its charter capital to Japan’s SMBC
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2023.03.27 17:30
VPBank on Monday announced that it has entered into an agreement with Japan’s Sumitomo Mitsui Banking Corporation (SMBC) - a subsidiary of Sumitomo Mitsui Financial Group, Inc (SMFG) to issue 15 per cent of equity stake through a private placement, officially welcoming SMBC as a foreign strategic investor of the bank.