HDB raises charter capital to US$238m

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VietNam News English - 11 month(s) ago 3 readings

The HCM City Development Commercial Bank (HDBank) has completed raising its charter capital from VND3 trillion (US$143 million) to VND5 trillion ($238 million) following a plan approved at a recent shareholders' meeting.

HCM CITY — The HCM City Development Commercial Bank (HDBank) has completed raising its charter capital from VND3 trillion (US$143 million) to VND5 trillion ($238 million) following a plan approved at a recent shareholders' meeting.

With the additional charter capital, HDBank will improve its programmes, invest in infrastructure facilities, equipment and advance technology, and upgrade transaction points to make it more convenient for customers to use its services.-VNS

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