Story perspectives
VPBank Raises $560M, Vietcombank Shares Sold in 2025 Plans
By Drooid · · How we work
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Story summary
- Vietnamese banks plan nearly $7 billion in share sales by the end of next year.
- VPBank will raise $560 million via private placement, raising foreign ownership to 20% from 15%.
- Vietcombank intends to sell 6.5% of its shares, worth about $1.2 billion, by year-end.
- Fitch says the capital-raising drive will not materially improve banks’ capitalisation because funds will be quickly lent out.
