ThanhNienNews.com
17 May 2008
Singapore’s Oversea-Chinese Banking Corp. is applying to increase its stake in the Vietnam's VP Bank to 15 percent, the maximum amount that a foreign investor may own in a Vietnamese bank.
The application to the State Bank of Vietnam would be completed this month, said Le Dac Son, general director of the Vietnamese partner, known fully as the Vietnam Joint-Stock Commercial Bank for Private Enterprises
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