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TABLE-Vietnam banks' assets, registered capital

Thu Feb 14, 2008 10:31pm EST
 
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 Feb 15 (Reuters) - The following table updates the assets and
registered capital of Vietnamese banks based on their statements.
 The central bank has given initial approval for the operation
of nine new banks.
 Lien Viet Bank or the United Vietnamese Bank, with a
registered capital of 3.3 trillion dong ($205 million) and having
Agribank, Vietnam's largest lender, among its co-founders, would
start operation in April.
 Vietstarbank, established by Tan Tao Investment Industry Corp
ITA.HM, Techcombank and Vinachem, the country's top chemicals
firm, would open in May with a capital base of $62 million.
 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
 ~ The bank, now also known as Vietinbank, has been renamed from
Vietnam Industrial and Commercial Bank (Incombank).
 -- 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   01-08  *69,917.4  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   25,980.3  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    575.9
 Petrolimex Group Bank      (PG Bank)   12-07   *4,678.0    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
 Gia Dinh Bank                          09-07    1,302.5    444.6
 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                                  3,500
 Military Bank                             3,400
 Ocean Bank                               *3,000
 Dong A Bank                               2,800
*GP-Bank/MSB/Navibank/Pacific Bank/VAB     2,000
 TrustBank                *Q1: 1,000, then 2,000
 PG Bank                                   1,000
 Mien Tay Bank                         H1: 1,000
 Ficombank                               Q1: 609.6
 INVESTMENT BY FOREIGN BANKS:
 HSBC Holdings Plc (HSBA.L: Quote, Profile, Research, Stock Buzz) (0005.HK: Quote, Profile, Research, Stock Buzz) owns 15 pct of Techcombank
 -- HSBC said it would raise the stake to 20 percent.
 SMFG (8316.T: Quote, Profile, Research, Stock Buzz)                          -  15 pct of Eximbank
 ANZ (ANZ.AX: Quote, Profile, Research, Stock Buzz)                           -  10 pct of Sacombank
 BNP Paribas (BNPP.PA: Quote, Profile, Research, Stock Buzz)                  -  10 pct of Oricombank
 Deutsche Bank (DBKGn.DE: Quote, Profile, Research, Stock Buzz)               -  10 pct of Habubank
 -- Habubank said Deutsche Bank wanted to buy 5 percent more
 Oversea-Chinese Banking Corp (OCBC.SI: Quote, Profile, Research, Stock Buzz) -  10 pct of VP Bank
 -- OCBC would buy another 5 percent stake in VP Bank
 United Overseas Bank (UOBH.SI: Quote, Profile, Research, Stock Buzz)         -  10 pct of Phuong Nam
 - Mirae Asset Securities (037620.KS: Quote, Profile, Research, Stock Buzz) to buy 15 pct in Phuong Nam
 Standard Chartered Plc (STAN.L: Quote, Profile, Research, Stock Buzz)        -  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=16,076 dong)
 (Reporting by Ho Binh Minh)


 

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