Westernbank and Navibank

Abstract

Westernbank and Navibank were under control of Mr. Dang Thanh Tam's family when they were converted to urban banks from rural ones. Co Do rural JC bank had got 15 years of history in Can Tho from April 1992 until it was upgraded to Westernbank in June 2007. The other one was Song Kien rural JC bank that became Navibank in June 2006 after 11 years operation in Kien Giang since Sept. 1995. Navibank was listed on HNX from Aug. 2010. By early 2010, Westernbank applied for listing on HOSE but then canceled.