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Citibank Vietnam is a bank which set its first footprint in Vietnam in 1975, and then started up a representative office in Hanoi in 1993. [1] A year later, Citi became the first U.S. financial institution licensed for branch opening and full branch establishment in Hanoi a year later. Citi has two branches in Vietnam, one in Hanoi and one in ...
ANZ (exited Vietnam market in 2018 and sold local operations to Shinhan Bank Vietnam) Citibank Vietnam (exited Vietnam market in 2022 and sold local operations to United Overseas Bank - UOB Vietnam) Siam Commercial Bank. Bangkok Bank. Bank of America. BNP Paribas ( Ha Noi Branch and Ho Chi Minh Branch) Hong Leong Bank. CIMB Bank.
UOB is the first Singapore bank to set up office in Vietnam in 1992. On 20 July 2017, UOB obtained an in-principle foreign-owned subsidiary bank (FOSB) licence from the State Bank of Vietnam to expand its branch network in Vietnam. In March 2023, UOB announced completion of the acquisition of Citigroup's consumer banking business, including the ...
OCBC was created in 1932 during the Great Depression with the consolidation of three predecessor banks, the Chinese Commercial Bank Limited (incorporated in 1912), the Ho Hong Bank Limited (incorporated in 1917), and the Oversea-Chinese Bank Limited (incorporated in 1919). OCBC has total assets of S$ 560 billion at the end of 2022, [8] making ...
NETS (company) NETS Debit on various payment terminals (clockwise from top-left): Verifone VX520, Verifone VX820, Ingenico ICT250, Ingenico ISC250. Network for Electronic Transfers, colloquially known as NETS, is a Singaporean electronic payment service provider. Founded in 1986 by a consortium of local banks, it aims to establish the debit ...
141-145, Dien Bien Phu street, ward 15, Bình Thạnh district. , Ho Chi Minh City. , Vietnam. Website. www .uef .edu .vn. The Ho Chi Minh City University of Economics and Finance ( UEF) is a Vietnamese private university based in Ho Chi Minh City, Vietnam . Its main branch is located at: Dien Bien Phu, District Binh Thanh, Ho Chi Minh City.
In January 2022, it was announced that UOB would purchase Citi's consumer banking business in Indonesia, Malaysia, Thailand, and Vietnam for approximately $4.9bn. In August 2023, it was announced DBS Bank had acquired Citi's consumer banking business in Taiwan, Citi Consumer Taiwan, for a total consideration of $706m.
Since 1992 Vietnam's banking system has consisted of a combination of state-owned, joint-stock, joint-venture, and foreign banks, but the state-owned commercial banks predominate, and they suffer from high levels of NPL, most of them to state-owned enterprises. Consequently, in September 2005 Vietnam decided to equitize all five state-owned ...