Eng English
China 中国人

Eng English
China 中国人
  • News
  • World
  • Business
  • Entertainment
  • Sports
  • Law
  • Education
  • Health
  • Lifestyle
  • Travel
  • Science
  • Digital
  • Automobiles
  • Trở lại Thể thao
  • Business
Monday, 19/1/2026 | 12:23 GMT+7

Switzerland's largest bank becomes VPBank shareholder

UBS AG, Switzerland's largest bank, completed the acquisition of 81,5 million VPBank shares, representing 1,03% of the bank's capital.

According to Vietnam Prosperity Bank (VPBank), UBS AG, through its London branch, acquired over 81,5 million VPB shares. This stock package is valued at approximately 2.400 billion VND, based on the market price of 29.400 VND per share on 19/1.

Following the UBS transaction, the total capital held by foreign investors in VPBank, led by Chairman Ngo Chi Dung, increased to nearly 25% as of 16/1. Sumitomo Mitsui Banking Corporation (SMBC), a Japanese bank, remains VPBank's largest foreign shareholder, holding 15% of the capital.

VPBank's headquarters building. Photo: VPB.

Under the Amended Law on Credit Institutions, banks must periodically disclose the list of shareholders owning 1% or more of charter capital, along with related parties, a change from the previous 5% threshold. This measure aims to increase transparency, limit cross-ownership, and prevent bank manipulation.

Established in 1854, UBS AG is currently Switzerland's largest bank. It operates in over 50 countries, specializing in providing financial investment services and asset management for individuals, organizations, and institutions globally.

In Vietnam, UBS AG, via its London branch, also holds 130 million MBB shares, equivalent to 2,13% of Military Bank (MB) capital.

For the first nine months of 2025, VPBank reported a pre-tax profit of 20.396 billion VND, marking a 47,1% increase year-on-year. The bank's total assets reached 1,18 million billion VND, up 27,5% from the start of the year.

Trong Hieu

By VnExpress: https://vnexpress.net/ngan-hang-lon-nhat-thuy-si-tro-thanh-co-dong-cua-vpbank-5007285.html
Tags: UBS foreign investor VPBank VPB

News in the same category

Sacombank adds installment payment incentives for Visa cardholders in South Korea

Sacombank adds installment payment incentives for Visa cardholders in South Korea

Sacombank launches cashback and free installment conversion programs for Visa credit cardholders shopping at stores, websites, or apps in South Korea.

ABBank donates 100,000 cinnamon trees to Nghe An residents

ABBank donates 100,000 cinnamon trees to Nghe An residents

As part of the Tet An Binh 2026 program, ABBank donated 100,000 cinnamon seedlings, 10,000 kg of fertilizer, and numerous Tet gifts to residents of Thong Thu commune, Nghe An province, on 25/1.

Phuc Long reports record profit since Masan acquisition

Phuc Long reports record profit since Masan acquisition

Phuc Long, the tea and coffee chain, recorded a record post-tax profit of 195 billion dong in 2025, driven by increased delivery services, pastry sales, and brand revitalization.

Vietnam stock market experiences longest losing streak in seven years

Vietnam stock market experiences longest losing streak in seven years

The VN-Index has shed nearly 100 points over seven consecutive sessions, marking its most prolonged correction since late 2018.

F88 reports nearly 1,000 billion VND in profit

F88 reports nearly 1,000 billion VND in profit

In 2025, F88 recorded a pre-tax profit of 907 billion VND, its highest since establishment, doubling the previous year's figure and exceeding its plan by 35%.

Trung Nam consortium wins Ca Na LNG project worth over 57 trillion VND

Trung Nam consortium wins Ca Na LNG project worth over 57 trillion VND

The 1,500 MW Ca Na LNG power plant project will be invested in by the Trung Nam - Sideros River consortium, with a total capital of nearly 57,4 trillion VND.

Aldi plans to open three distribution centers in the US

Aldi plans to open three distribution centers in the US

Grocery retail chain Aldi plans to open three new distribution centers in the US before 2029 to support its store network expansion strategy.

Vietnamese consumers spent $2.1 billion on food delivery apps in 2025

Vietnamese consumers spent $2.1 billion on food delivery apps in 2025

The gross merchandise value (GMV) of three online food delivery platforms – ShopeeFood, GrabFood, and beFood – reached $2.1 billion last year, according to Momentum Works.

Global USD reaches four-year low

Global USD reaches four-year low

After three consecutive sessions of sharp declines, the US dollar faced increased pressure as President Donald Trump expressed no concern about this development.

Gold price surpasses 180 million dong

Gold price surpasses 180 million dong

Gold bars and plain rings surged by three million dong per tael, exceeding the 180 million dong mark this morning.

Eng English
China 中国人
  • News
  • World
  • Business
  • Entertainment
  • Sports
  • Law
  • Education
  • Health
  • Lifestyle
  • Travel
  • Science
  • Digital
  • Automobiles
FPT Tower, 10 Pham Van Bach Street, Dich Vong Ward,
Cau Giay District, Hanoi, Vietnam
Email: contacts@vnportal.net
Tel: 028 7300 9999 - Ext 8556
Advertise with us: 090 293 9644
Register
© Copyright 2026 vnnow.net. All rights reserved.
Terms of use Privacy policy Cookies