BNP Paribas, KB Kookmin in talks 15% Techcombank
BNP Paribas and KB Kookmin Bank are in talks to acquire at least 15% of Techcombank, with potential deals around $2 billion and a valuation near twice the bank’s book value. Given Vietnam’s 30% foreign ownership cap, bidders may need to buy from existing investors or assemble a bloc, and any agreement could materialize between late 2026 and mid-2027 as Techcombank seeks a foreign strategic partner.
Business · 5 sources · Aug 26, 2026Read itThe journal
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About BNP Paribas
BNP Paribas is a French multinational universal bank and financial services holding company headquartered in Paris. It was founded in 2000 from the merger of two of France's foremost financial institutions, Banque Nationale de Paris (BNP) and Paribas. It also incorporates many other major institutions through successive acquisitions, including Fortis Bank in Belgium, Direkt Anlage Bank in Germany, Banca Nazionale del Lavoro in Italy, Banque Générale du Luxembourg in Luxembourg, and Türk Ekonomi Bankası in Turkey. The group also had a presence in the United States through its subsidiaries Bank of the West until 2023 and First Hawaiian Bank until 2019. With 190,000 employees, the bank is organized into three major business areas: Commercial, Personal Banking & Services (CPBS); Investment & Protection Services (IPS); and Corporate & Institutional Banking (CIB).
Everything about BNP Paribas →- Country
- France
- Headquarters
- Paris
- Inception
- 1848
- Website
- https://www.bnpparibas.fr/, https://mabanque.bnpparibas/, https://agences.mabanque.bnpparibas, http://bnpparibas.net/