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BRANCH BANKING | Cesar Tordesillas, Vietnam
Published: 16 Feb 11
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Deutsche Bank\'s HCM City branch to increase capital
The Deutsche Bank Tower in Ho Chi Minh City

Deutsche Bank's HCM City branch to increase capital

State Bank of Viet Nam increased the allocated capital for Deutsche Bank AG, HCM City branch, from US$24 million to $50.08 million.

 

 

Previously, the Governor pf the State Bank of Viet Nam also approved to increase the capital of OCBC Bank, Ho Chi Minh City branch to $25 million.

Deutsche Bank AG and OCBC Bank are responsible for implementing the allocated capital, registering with State agencies and announcing the change in information under the Law on Credit Institutions.

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Tags: capital, capital increase, Ho Chi Minh City branch,

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