RETAIL BANKING | Cesar Tordesillas, Vietnam

Habubank raises chartered capital by over VND1T

Habubank finished hiking its chartered capital from 3 trillion dong to 4.05 trillion dong and officially registered the new chartered capital in Hanoi Department of Planning and Investment from September 9, 2011.


The bank has successfully converted 10.5 million bonds that had been issued in 2010 into 105 million ordinary shares at par value of 10,000 dong per share in late August 2011.

Habubank planned to list additional 105 million shares on Hanoi Stock Exchange in October 2011.

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