On March 27, 2025, VIB held its annual general meeting where shareholders discussed the search for a new foreign strategic partner after Commonwealth Bank of Australia (CBA) divested from the bank. CBA had invested in VIB for 10 years but changed its strategy and exited, selling 20% of its shares, thereby creating opportunities for VIB to expand its foreign investment room. VIB is currently seeking banks, investment funds, and consulting firms to find suitable partners that can ensure good financial value and enhance competitive strength. After CBA’s withdrawal, PYN Elite Fund emerged as the only major shareholder owning over 1% of VIB with more than 57 million shares, indicating foreign investment funds’ interest in VIB shares.
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