CIMB gets licence to start banking business in Vietnam

Tengku Datuk Seri Zafrul Aziz of CIMB Group Holdings reply to Star at his office in Kuala Lumpur on June 21, 2016.ROHAIZAT MD DARUS/STAR.

PETALING JAYA: CIMB Group Holdings Bhd has been granted an operating licence to start a banking business in Vietnam.

In a filing with Bursa Malaysia, the second-largest lender in Malaysia said its subsidiary CIMB Bank Bhd received the operating licence to establish and operate a 100%-owned subsidiary in Vietnam from the State Bank of Vietnam yesterday.