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South Korean banks are setting themselves up to score big in Vietnam as foreign ownership limits would be loosened. South Korea’s second-largest lender by assets, KEB Hana Bank, is interested in buying a 17.65 percent stake in the Bank for Investment and…
South Korea’s Shinhan Bank said Monday it has completed the acquisition of Australia & New Zealand (ANZ) Banking Group’s retail business in Vietnam. The acquisition helps Shinhan Bank increase its assets in Vietnam to US$3.3 billion and its number of…
South Korea’s Shinhan Bank has embarked on operations in Indonesia via Shinhan Bank Indonesia, a move that is expected to help the Korean bank expand its presence not only in the Southeast Asian country but also across Asia. Shinhan Bank said on Tuesday it…
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