The Global Petroleum Commercial Bank (GP Bank) has had its licence extended from 20 to 99 years under a decision issued by the State Bank of Vietnam.
The extension was seen as essential to GP Bank's long-term development strategy to become a major commercial bank in Vietnam , according to GP Bank general director Pham Quyet Thang. GP Bank has total assets worth nearly 28 trillion VND (1.3 billion USD)./.
The extension was seen as essential to GP Bank's long-term development strategy to become a major commercial bank in Vietnam , according to GP Bank general director Pham Quyet Thang. GP Bank has total assets worth nearly 28 trillion VND (1.3 billion USD)./.
