Singapore’s SBI Ven Holdings to increase stake in Vietnamese lender TPBank

TPBank. Photo: Company's social media page.

Singapore-based SBI Ven Holdings, the overseas private equity arm of SBI Holdings, will increase its stake in Vietnamese lender Tien Phong Commercial Joint Stock Bank (TPBank) from 4.61 per cent to 5.3 per cent by registering to purchase a chunk of the bank’s shares.

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