TABLE-Vietnam banks' assets, registered capital
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)
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