Joint-Stock Commercial Bank for Foreign Trade of Vietnam ("Vietcombank”)
Vietcombank holds a 51% stake in VCBF and is widely regarded as Vietnam’s premier banking institution due to its broad capabilities and the central role it plays in Vietnam’s banking sector. It is the fourth-largest banking group in terms of total assets of nearly 50 billion USD as of 30/06/2020.
Vietcombank is a market leader in corporate banking, trade finance, international payments and card services. Vietcombank is highly regarded as one of the best managed and most transparent banks in Vietnam, and hence is well-positioned, especially during difficult market environment.
One of Vietcombank’s key strengths is its nationwide network of 552 branches and transaction offices and over 19,000 employees, which provide the bank with extensive coverage and reach throughout Vietnam. The bank listed on the Ho Chi Minh Stock Exchange in June 2009 (Ticker: VCB).
Franklin Templeton Investments ("FTI")Franklin Resources, Inc. [NYSE: BEN] is a global investment management organization operating as Franklin Templeton. FTI holds a 49% stake in VCBF.
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