Vietstarbank to be operational in May

16/01/2008 -- 10:07 PM

Ha Noi (VNA) – The Viet Nam Star Commercial Joint Stock Bank (Vietstarbank) will officially begin operation in May. The bank held the first shareholders’ meeting on January 16 after receiving the State Bank Governor’s approval for its establishment. The meeting approved the bank’s charter and elected members of the management board for the 2008-2013 period. With a chartered capital of one trillion VND, the bank has 28 shareholders, including three main shareholders. They are the Viet Nam Technological and Commercial Joint Stock Bank (Techcombank) which contributes 100 billion VND, the Tan Tao Industrial Zone Company (Itaco) (100 billion VND) and the Viet Nam National Chemical Corporation (Vinachem) (50 billion VND) .-Enditem
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