S Korea's Hana Bank to buy 15% stake in Vietnam's BIDV for $873m

A BIDV bank card. Visual from the bank's website.

BIDV, Vietnam’s largest lender by assets, has agreed to sell shares worth 20.3 trillion dong ($873 million) to South Korea’s KEB Hana Bank.

The Korean investor also announced in a stock exchange filing that the cash transaction is expected to be completed by the end of this year.

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