Sign up | Log in



Home  >>  Daily News  >>  Malaysia News  >> Capital Markets  >>  Malaysian bank to add branches in Vietnam

22 October2009

Malaysian bank to add branches in Vietnam

Related Stories
October 20, 2009
Malaysia’s RHB enters Indonesian market via local bank

October10, 2009
Malaysian assembler eyes 32% stake in Proton

October 7, 2009
Malaysia’s Khazanah to take 25% stake in Dubai-based firm

Malaysia’s Hong Leong Bank plans to further expand its reach in Vietnam with the establishment of branches and transaction centres after the establishment of its head office in Ho Chi Minh City, which was officially launched on October 8, reported Malaysian business daily the StarBiz.

Hong Leong Bank is the first Malaysian and Southeast Asian bank to be granted a licence to operate a full-scale commercial bank in Vietnam.

Hong Leong Bank Vietnam general director Le Dinh Long said they had studied the Vietnamese market and would offer what would be relevant to the needs today.

“We will keep an ear to the ground to ensure that we continue to understand our customers and be able to adjust to their changing needs and offer innovative products,” he said in a statement yesterday.

Hong Leong Bank Vietnam is the third of a growing stable of businesses of the Hong Leong group in Vietnam.

The group started in Vietnam with a 20 percent stake in Yamaha Motor Vietnam Co Ltd more than 11 years ago. In the last two years, the group has grown its investments in Vietnam to include a property development company.



Comment on this Article. Send them to
Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below 





1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2020 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand