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Sumitomo Mitsui Banking Corp

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[ACTIVE] [BUSINESS] [VN] [JP]

Vietnam banking sector capital increases

3 clusters · 11 sources · last updated

Latest: VPBank shares see heavy buying as SMBC negotiates stake increase

Sumitomo Mitsui Banking Corporation (SMBC) remains in advanced negotiations to increase its ownership stake in VPBank from 15% to approximately 20%. The additional 5% stake is valued at roughly $425 million at current ma