(VOVWORLD) -The United Overseas Bank (UOB) of Singapore said Tuesday that it will inject additional fresh capital of 80 million USD into its Vietnam subsidiary, bringing its total charter capital to 400 million USD.
 (Illustration photo: baodautu.vn) |
Since 2021, the UOB has made three capital injections into UOB Vietnam, doubling its capitalization and making it the second-largest foreign-owned bank in Vietnam in terms of charter capital.
The UOB Group will invest in a new headquarters building in Ho Chi Minh City’s business district to manage future business growth in Vietnam.