Housing Development Commercial Joint Stock Bank acquired SG Viet Finance Co., Ltd. from Societe Generale Group (ENXTPA:GLE) on August 28, 2013. SG Viet Finance will operate as a subsidiary of HDBank and the entire system, business partners, customers and employees of SG Viet Finance will remain status quo. The State Bank provided principle approval to Housing Development Commercial Joint Stock Bank (HDBank) for the acquisition. PricewaterhouseCoopers acted as financial advisor for Societe Generale Group. Samantha Campbell, Huynh Tuong Long, Pham Bach Duong, Antoine Toussaint and Edgard Nguyen of Gide Loyrette Nouel A.A.R.P.I. acted as legal advisors to Societe Generale Group.

Housing Development Commercial Joint Stock Bank completed the acquisition of SG Viet Finance Co., Ltd. from Societe Generale Group (ENXTPA:GLE) on August 28, 2013.