March 14 (Reuters) - The following table updates the assets
and registered capital of Vietnamese banks based on their
statements.
The government has granted initial approval for HSBC Holdings
Plc (HSBA.L) (0005.HK) and Standard Chartered Plc (STAN.L) to
open the first wholly foreign-owned banks in Vietnam.
Many banks are reluctant to buy corporate dollars because of
the weakening U.S. dollar globally and a liquidity crunch at home
as the State Bank of Vietnam tightened money supply to try and
tame double-digit inflation [ID: nHAN75299].
The table lists banks based on their latest published assets.
NOTE: * Updated; unit: in billions of dong VND=
-- State-run banks: 6 MM/YY Assets Reg Cap
Bank for Agriculture and Rural Dev'mt (12-07) 295,048.0 6,500.0
Bank for Investment and Development (12-07) 204,992.0 7,477.4
Vietnam Bank for Industry and Trade (12-07) 172,000.0 9,000.0
#Vietnam Development Bank 105,000.0 10,000.0
#Vietnam Bank for Social Policies (12-07) 35,115.0 7,000.0
Mekong Delta Housing Development Bank (12-07) 27,195.9 774.0
#: policy lending banks
-- Partly private banks: 35 MM/YY Assets Capital
Bank for Foreign Trade (Vietcombank) 12-07 196,117.0 15,000.0
Asia Commercial Bank ACB.HN 12-07 87,000.0 2,630.1
Saigon Thuong Tin Bank STB.HM 02-08 *76,099.0 4,448.8
Technological & Commercial Bank 12-07 39,558.0 2,521.3
Vietnam International Bank (VIB) 12-07 39,318.0 2,000.0
Export Import Bank (Eximbank) 01-08 34,703.0 2,800.0
Military Bank (MB) 12-07 31,000.0 2,000.0
Dong A Bank (DAB) 12-07 26,961.0 1,600.0
Dong Nam A Bank (SeA Bank) 12-07 26,300.0 3,000.0
Saigon Commercial Bank (SCB) 12-07 25,941.6 1,970.0
Hanoi Building Bank (Habubank) 12-07 23,000.0 2,000.0
Bank for Private Enterprises (VPBank) 12-07 20,000.0 2,000.0
Maritime Bank (MSB) 12-07 17,545.0 1,500.0
Phuong Nam Bank (Southern Bank) 12-07 17,119.8 1,434.2
An Binh Bank (ABBank) 12-07 17,000.0 2,300.0
HCMC Housing Development Bank (HDB) 12-07 14,000.0 1,000.0
Dai Duong Bank (Ocean Bank) 12-07 13,680.1 1,000.0
Bac A (North Asia) Bank 12-07 12,400.0 *960.0
Saigon Hanoi Bank (Sahabank) 12-07 12,367.0 2,000.0
Phuong Dong Bank (Oricombank) 12-07 11,754.0 1,111.1
Viet A Bank (VAB) 12-07 9,467.0 1,000.0
Saigon Bank for Industry & Trade 04-07 8,000.3 1,020.0
Global Petro Bank (GP-Bank) 12-07 7,200.0 1,000.0
Nam Viet Bank (Navibank) 10-07 7,000.0 1,000.0
Nam A (South Asia) Bank 09-07 4,692.0 *1,156.4
Petrolimex Group Bank (PG Bank) 12-07 4,678.0 500.0
Gia Dinh Bank 12-07 *2,036.4 *500.0
Dai A (Great Asia) Bank 09-07 1,753.3 500.0
My Xuyen Rural Bank 12-07 1,575.2 500.0
Kien Long Bank 06-07 1,407.1 580.0
Dai Tin Bank (TrustBank) 12-07 1,130.0 504.1
De Nhat Bank (Ficombank) 12-07 819.0 300.0
Mien Tay (Western) Bank 09-07 694.2 200.0
Thai Binh Duong (Pacific) Bank 03-07 29.6 566.5
Vietnam Thuong Tin Bank (Vietbank) 12-06 500.0
REGISTERED CAPITAL TARGET
(Source: state media, bank statements) (in billions of dong)
2008
Sacombank 6,481
SeA Bank 5,000
Sahabank/VIB 3,500
Military Bank 3,400
Dong A/Ocean Bank/VP Bank 3,000
GP-Bank/HDB/Kien Long/MSB/Navibank 2,000
Oricombank/Pacific Bank/VAB 2,000
TrustBank *Q1: 1,000, then 2,000
My Xuyen/PG Bank 1,000
Mien Tay Bank H1: 1,000
Ficombank Q1: 609.6
INVESTMENT BY FOREIGN BANKS:
HSBC Holdings Plc (HSBA.L) (0005.HK) owns 15 pct of Techcombank
-- HSBC said it would raise the stake to 20 percent.
SMFG (8316.T) - 15 pct of Eximbank
ANZ (ANZ.AX) - 10 pct of Sacombank
BNP Paribas (BNPP.PA) - 10 pct of Oricombank
-- BNP Paribas said it wanted to double the stake to 20 pct.
Deutsche Bank (DBKGn.DE) - 10 pct of Habubank
-- Habubank said Deutsche Bank wanted to buy 5 percent more.
Oversea-Chinese Banking Corp (OCBC.SI) - 10 pct of VP Bank
-- OCBC would buy another 5 percent stake in VP Bank.
United Overseas Bank (UOBH.SI) - 10 pct of Phuong Nam
- Mirae Asset Securities (037620.KS) to buy 15 pct in Phuong Nam
Standard Chartered Plc (STAN.L) - 8.56 pct of ACB.
Domestic banks must have a registered capital of 1 trillion
dong to be qualified to sell shares to foreign banks.
Vietnam caps foreign ownership in a domestic bank at 30
percent with a 15-percent limit for a strategic investor. A
foreign bank can own 10 percent and a non-bank investor that is
not a strategic investor can own 5 percent.
In exceptional cases, the government could allow a foreign
strategic investor to own 20 percent in a Vietnamese bank.
A total of 35 foreign banks holding a combined 14 percent
market share of loans, six venture banks, four financial leasing
ventures, two wholly foreign owned financial leasing firms and 50
representative offices of foreign banks also operate in Vietnam.
Ten percent of Vietnam's 85 million people have bank accounts
in a country with about 4,000 bank branches, half of them run by
Agribank, Vietnam's largest enterprise.
($1=16,018 dong)
(Reporting by Ho Binh Minh)
