Kien Long Commercial Joint Stock Bank (Kienlongbank) on October 26 presented 1,250 scholarships, worth a total value of 2.5 billion VND (117,500 USD) to poor students living in 25 provinces and cities nationwide.

Established in 1995, Kienlongbank has a total asset value of 20 trillion VND (940 million USD), nearly 5,700 times the value it started with.

Currently, there are more than 100,000 customers frequently using the bank’s products and services, 2,000 of whom are enterprises and economic organisations.

According to the chairman of the bank’s board of directors, Vo Quoc Thang, in addition to its business, Kienlongbank always attaches importance to participating in social activities.

During the past years, the bank has donated assistance worth over 100 billion VND (over 4.7 million USD) through gifts and scholarships to a great number of poor people and pupils in rural and remote areas.-VNA