Friday , April 19 2024

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Government wants Agribank’s capital hiked by 50%

Government wants Agribank’s capital hiked by 50%

The government plans to increase Agribank’s charter capital by nearly 50% to VND51.43 trillion (US$2.19 billion). It has instructed the State Bank of Vietnam to draft and present plans for this to the National Assembly in May. The hike is meant to take the bank’s capital adequacy ratio, now slightly …

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