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Shinhan Financial Group expands partnership with Vingroup
economy1 h ago
coda.news AI summary
- The Korea Times Business says Jin Ok-dong met VinGroup executives Thursday at Shinhan Bank Vietnam’s Ho Chi Minh City headquarters to discuss new cooperation areas beyond vehicle finance.
- The Korea Times Business says since 2024 Shinhan Bank Vietnam has provided a cumulative 100 million USD in loans to VinFast customers.
- The Korea Times Business says Shinhan Securities Vietnam has been appointed sole arranger for VinGroup’s first Arirang bond, with 40 billion won to be invested and a joint lead manager role.
- The Korea Times Business says they plan to explore capital market opportunities including equity and bond financing through Shinhan Securities Vietnam, and expand vehicle finance as VinFast EV demand grows.
The Korea Times BusinessRead original ↗
