Foreign bank branches are raising their equity to fund foreign direct investment projects in Vietnam. The central bank last week announced its approval of Huanan Commercial Bank, Deutsche Bank AG and Overseas Chinese Banking Corporation to raise their registered capital in the country. Of which, Huanan Commercial Bank branch in Ho Chi Minh City will increase its registered capital from $15 million... 

The number of foreign bank branches receiving State Bank of Vietnam’s approval to increase their registered capital to support their credit operations in Vietnam has kept increasing. The central bank on February 14 announced its approval to foreign bank branches comprising Huanan Commercial Bank Ltd, Deutsche Bank AG and Oversea-Chinese Banking Corporation to raise their registered capital in the...