Japan’s MUFG keen to up stake in Vietnamese lender Vietinbank: Report

Japan’s Mitsubishi UFJ Financial Group (MUFG), the largest foreign shareholder in Vietnam JSC Bank for Industry and Trade (Vietinbank), is reportedly looking to increase its ownership from the current 19.7 per cent to 50 per cent in the Vietnamese lender, should the government relax the overseas investment cap in banking.

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