Indovina Bank to increase capital in Q1

18/01/2008 -- 11:15 AM

Ha Noi (VNA) – Indovina’s (IVB) plan to increase its charter capital from 50 million USD to 70 million USD in the first quarter of this year. It is expected that IVB will ask the State Bank of Viet Nam to eventually raise its charter capital to 100 million USD. At the end of 2007, IVB’s outstanding loan had reached 6 trillion VND. IVB opened its Cho Lon branch in Ho Chi Minh City on January 15.-Enditem
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