TABLE-Vietnam banks' assets, registered capital
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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