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Sumitomo Mitsui Banking Corporation
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Japanese lender spends $1.5B for stake in VPBank
Japanese lender SMBC has completed a $1.5 billion deal to purchase a 15% stake in Vietnam’s VPBank in the biggest acquisition ever recorded in Vietnam’s banking industry.
Japanese lender reduces stake in Eximbank
Japanese giant Sumitomo Mitsui Banking Corporation has sold a 10.8% stake in Vietnam’s Eximbank, reducing its ownership to 4.27%.
