First Long An’s joint stock bank makes debut

15/01/2008 -- 5:25 PM

HCM City (VNA) – Dai Tin (Great Trust) Joint Stock Bank made its debut in Ho Chi Minh City on January 15, becoming the first joint stock commercial bank in Mekong delta Long An province. Dai Tin bank, formerly known as Rach Kien bank, currently has a charter capital of 504 billion VND. The figure will be increased to 1 trillion VND in the first quarter of 2008, 2 trillion VND by the year-end and up to 3 trillion VND in 2010. Dai Tin bank is preparing to open its branches in Ha Noi, central city of Da Nang and Ho Chi Minh City . Under a cooperation agreement signed between Dai Tin bank and its strategic shareholder, the Agriculture and Rural Development Bank, at the launching ceremony, the latter will support every area for Dai Tin bank’s strong development. Dai Tin bank also signed a strategic partnership agreement with the First Gulf Bank regarding the development of new services.-Enditem
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