Taking advantage of the government’s initiative to encourage bank mergers, to clean up the country’s fragmented banking sector, Vietnamese commercial banks are being proactive in sounding out smaller competitors. The latest development sees Maritime Bank, which plans to list no sooner than 2017, merge with Mekong Development Bank. Meanwhile, in an unrelated deal, Vinaphil Infrastructure Investment divesting from its mother company Ho Chi Minh City Infrastructure Investment Corp.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com