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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 Techcombank
Vietnam Technological and Commercial Joint Stock Bank, commonly referred to as Techcombank, is a publicly listed Vietnamese bank. Its shares are traded on the Ho Chi Minh City Stock Exchange under ticker TCB.
Everything about Techcombank →- Headquarters
- Hanoi
- Website
- https://techcombank.com/