Citi, Vietcombank leaders discuss financing, capital market cooperation

Senior executives from Citi and Vietcombank met in Hanoi to discuss infrastructure financing, capital markets and opportunities to deepen banking cooperation.

Citi and Vietcombank leaders’ at the meeting in Hanoi. Photo courtesy of Citi

A Citi delegation met Le Quang Vinh, CEO of Vietcombank, in Hanoi on Oct. 16 during a visit to Vietnam following the IMF-World Bank Annual Meetings in Bangkok.

The delegation included Ernesto Torres Cantú, Head of International; Amol Gupte, Asia South Cluster and Banking Head; Kaustubh Kulkarni, Co-Head of Investment Banking Coverage for Japan, Asia North and Australia, and Asia South; and Minh Ngo, Vietnam Citi Country Officer and Banking Head.

The discussions covered infrastructure financing, transaction banking, cash management and other financial services, as well as capital mobilization, debt capital markets and long-term financing solutions to support Vietcombank’s strategic goals.

Citi reaffirmed its commitment to helping Vietcombank access international capital markets and explore financing opportunities aligned with its development plans.

The executives also exchanged views on global economic conditions, Vietnam’s growth outlook and the banking sector. Citi shared updates on its business performance, including what it described as its strongest third-quarter revenue in a decade, and outlined its strategic priorities for Vietnam.

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