Quiet influential bankers show their faces
Quiet influential bankers show their faces
The recent released reports by commercial banks have given many people a shock, because the real owners of the banks are the names still unfamiliar to them.
What has caught the special attention of the public was the appearance of Dang Khac Vy, a member of the board of directors, and his wife Tran Thi Thao Hien, who hold 80 million shares, or 18.6 percent of total shares, including 9.2 percent for Vy and 9.4 percent for Hien.
Meanwhile, Nettra, a company which holds 15 percent of the bank’s stakes reportedly has direct relations with Vy and the other two members of the board of directors – Dang Van Son and Do Xuan Hoang.
The three members of VIB Bank’s Board of Directors are the big shareholders of Nettra. Son is now President of Nettra.
Do Xuan Hoang, who owns VIB through Nettra, is also holding 25.5 million VIB shares, or 6 percent of the bank’s stakes.
This is the first time the shareholders have turned up before the public. In fact, Dang Khac Vy has been well known as a founding shareholder of VIB, but it was unclear about the role and the influences of the big tycoon to the bank.
OCB has also made public the management report, showing secret information about the big shareholders of the banking group.
Trinh Van Tuan, who has been taking the office as President of OCB over the last year, and his family members now hold up to 15,47 percent of the bank’s chartered capital, or 50 million shares.
If counting on the bank stakes being held by the Vietnam International Securities Company where Tuan’s wife, Cao Thi Que Anh, is President, their ownership ratio in the bank would be 18.64 percent, a very high ownership ratio in the banking sector.
The investors now keep curious about the young President of VP Bank, who rarely turns up before the public.
There was a rumor in the third quarter of 2012 about the biggest shareholder of VP Bank, a company with unfamiliar name – the Chau Tho Investment JSC – and 14.99 percent of ownership ratio.
However, Chau Tho has not been found in the 2012 list of the bank’s shareholders. The company has reportedly sold all of its 86.5 million VP Bank shares.
Oversea-Chinese Banking Corporation Limited (OCBC), with 14.87 percent of shares, has become the biggest shareholder of the bank. President Ngo Chi Dung and his wife are holding 4.7 percent of stakes. Meanwhile, Bui Hai Quan, Vice President, his wife and a relating company are holding 6.44 percent of stakes.
The other big tycoons, though having their names well known in the business circle, rarely turn up before the public.
Tram Be and his family members, who hold 20 percent of Southern Bank, are among them. The big tycoons also include Vu Van Tien from AB Bank, Tran Phuong Binh from Dong A and Tran Phat Minh of Kien Long Bank.
vietnamnet
