Techcombank chairman's daughter to buy 82 million shares

The transaction, to be completed between Aug. 25 and Sept. 19, will increase her stakes in Vietnam’s largest private bank from 0.64% to 2.97%.

With the TCB share trading at around VND33,000, the deal is estimated to be worth around VND2.7 trillion (US$113.35 million).

At the end of June, the senior Anh and his family owned around 17.7% of the bank.

Techcombank saw its profits plunge 20% year-on-year in the first half to VND11.3 trillion.