Foreign banks in Vietnam massively-Let those, 06.13.2015
With Vietnam will officially integrated ASEAN Economic Community (AEC) in 2015, not only large corporations, but a series of bank foreigners also plans to strengthen presence, scaling in Vietnam.
Pick many large banks from ASEAN
3-2015 Earlier this month, Kasikorn Bank - one of the leading banks of Thailand, scale operations across Asia was officially established representative offices in two Hanoi and HCMC. The bank also said it will expand its operations in Vietnam, continue to open more branch offices and after the State Bank of Vietnam (SBV), Vietnam licensed. Also in May 3-2015, Public Bank Berhad (PBB) of Malaysia in Vietnam State Bank of Vietnam has been approved in principle for the whole PBB receive contributed capital of BIDV in VID Public Bank joint venture and conduct the procedures for conversion into banks with 100% foreign capital in Vietnam. Thus, the bank PBB 100% foreign capital operating in the 6th Vietnam after HSBC, ANZ, Standard Chartered Bank, Shinhan Vietnam and Hong Leong Bank. Not to mention earlier, DBS Bank of Singapore and Malaysia's Maybank has also opened a branch in Vietnam. Most recently, the Ministry of Planning and Investment also petitioned the Prime Minister assigned the SBV soon consider operating license for UOB Bank (Singapore), 100% foreign owned bank in Vietnam because it has pleased lift operating grant from the pattern of foreign bank branches into subsidiary banks with 100% foreign capital since 2008. According to the Ministry of Planning and Investment, Singapore's foreign investment partners 3rd largest in Vietnam with 1,405 projects and more than $ 33 billion invested. However, so far no bank in Singapore with 100% foreign capital is licensed to operate in Vietnam. The Bank also worry about integration with a growing demand for capital from the enterprises (DN) Vietnam as well as the FIEs here, a lot of banks in the ASEAN countries want to catch this trend and seek to develop business in Vietnam According to statistics, Vietnam market so far has more than 50 representative offices of banks foreign banks, 50 branches of foreign banks, six banks with 100% foreign and joint venture banks 4. Financial experts said that the entry of foreign banks also means that there will be a fierce competition with domestic banks. Because in addition to serving the financial needs for investment activities of foreign investors, foreign banks are also likely to attract domestic customers based on brand reputation, technology, services Modern and ample financial resources.
đang được dịch, vui lòng đợi..
