Tien Phong Bank (TPBank) has released a press statement regarding the indictment of Do Anh Tu, its former vice chairman.
The bank stated the indictment, issued 4 months ago (mid-March), relates to a bond issuance by Bamboo Capital (BCG), for which Tien Phong Securities (TPS) acted as an advisor. Do Anh Tu was chairman of the board of directors at TPS at the time.
Tu had already resigned from all positions at TPBank. Immediately after receiving information about the case, TPBank conducted a comprehensive review of all related activities.
"Do Anh Tu's role in the case falls entirely within the scope of TPS's operations. It does not affect the bank's management or operations, nor does it relate to TPBank's credit, financial, or operational activities," the bank affirmed.
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Do Anh Tu during an interview in 2021. Photo: Ngoc Thanh |
Do Anh Tu during an interview in 2021. Photo: Ngoc Thanh
Do Anh Tu, 63, served as vice chairman of TPBank's board of directors since 2012 and directly held 3.71% of the bank's capital. On 18/3, he resigned from the boards of both TPBank and TPS, citing personal reasons.
TPBank stated its operations remain stable, safe, and efficient, fully complying with all legal regulations. At the end of Quarter II, TPBank reported pre-tax profits of over 4,100 billion VND, a 12% year-on-year increase. Credit growth reached 11.7%, reflecting the effectiveness of the bank's management and development strategies.
Quynh Trang
