VPBank HOSE IPO

17/8/2017
IPO

D 51.97 trillion

$ 2.3 billion

Completed

17/8/2017


Overview:

  • Vietnam Prosperity Joint-Stock Commercial Bank (VPBank) has undertaken an IPO on the Ho Chi Minh City Stock Exchange (HOSE).
  • The bank has issued more than 1.3 billion shares, valued at $1.73 per share.
  • The listing gives the bank a market capitalisation of approximately D51.97 trillion ($2.3 billion), making it the fourth largest bank in Vietnam.
  • The bank intends to offer 15% of its shares as a private placement following the IPO.
  • VPBank focuses on consumer credit and the small and medium-sized enterprises (SMEs) market in Vietnam.

 Katrin Kostadinova - Data analyst 

Continue reading...

New to IFLR1000?

Register today for FREE:

  • Understand market dynamics, with data broken by deal type and more
  • Access law firms and lawyers involved in deals
  • Gain unique insight into lawyers recent work
REGISTER NOW

Sign in