VPB: Board resolution approving debt purchase and sale transactions and related transactions between VPBank and GPBank

The Board of Directors of Vietnam Joint Stock Commercial Bank for Industry and Trade (VPBank) has issued a resolution approving VPBank to conduct debt purchase and sale transactions with Gia Dinh Commercial Joint Stock Bank (GPBank). These transactions aim to optimize asset management and enhance liquidity for VPBank amid the fluctuating financial market. The debt purchase and sale transactions will comply with current legal regulations, ensuring transparency and safeguarding the interests of shareholders and customers. The resolution reaffirms VPBank’s commitment to improving business efficiency and sustainable development in the banking sector.

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