BNP Paribas, KB Kookmin in talks 15% Techcombank
BNP Paribas and KB Kookmin Bank are in talks to acquire at least 15% of Techcombank, with potential deals around $2 billion and a valuation near twice the bank’s book value. Given Vietnam’s 30% foreign ownership cap, bidders may need to buy from existing investors or assemble a bloc, and any agreement could materialize between late 2026 and mid-2027 as Techcombank seeks a foreign strategic partner.
Business · 5 sources · Aug 26, 2026Read it
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About KB Kookmin Bank
Kookmin Bank, also known as KB Kookmin Bank, is a bank headquartered in Seoul, South Korea. It was the largest bank in Korea and the 60th largest in the world as of 2017. The name Kookmin Bank is a contraction of Citizens National Bank, an English name by which it also used to be referred to in the past.
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