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Strategic Shareholder
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About Hana Bank
KEB Hana Bank is a member of Hana Financial Group (South Korea) - one of the largest financial groups in Asia, providing comprehensive financial activities. KEB Hana Bank boasts an extensive operating network with 752 branches in South Korea and 176 branches in 24 countries. As of 30 June 2019, the bank’s total assets stood at USD308.2 billion. KEB Hana Bank is the best retail bank, the most preferred brand, and the leading bank in foreign exchange and trade finance in South Korea.
Website: https://www.kebhana.com/
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Partnership milestones
September 2016
BIDV CEO sent a letter to Hana Financial Group introducing opportunities for strategic partnership with BIDV.
25 April 2017
Senior executives of BIDV, Hana Financial Group/KEB Hana Bank met for the first time in South Korea.
August 2017
The two parties signed a Term Sheet
21 February 2019
The SBV issued Document 1029/NHNN-TTGSNH approving of the increase of BIDV’s charter capital from VND34,187 to VND40,220 billion through a private placement to KEB Hana Bank.
22 July 2019
The two parties agreed on the contractual contents and officially signed the contract.
17 September 2019
KEB Hana Bank completed procedures on getting approval from South Korean authorities.
30 September 2019
BIDV completed the submission of documents on private placement issue to the State Securities Commission of Vietnam.
31 October 2019
SBV issued a document approving of KEB Hana Bank’s purchase of BIDV’s stake.
01 November 2019
The State Securities Commission of Vietnam issued a document confirming the share issue result.
11 November 2019
BIDV successfully held an official ceremony in Hanoi, announcing KEB Hana Bank as its foreign strategic shareholder.
