HO CHI MINH CITY -- Vietnam Technological and Commercial Joint Stock Bank, or Techcombank, said on Monday that U.S.-based private equity firm Warburg Pincus plans to invest $370 million in the lender.
Following HSBC's withdrawal, Hanoi-based lender finds new foreign investor

Techcombank staff handle stacks of Vietnamese dong.
HO CHI MINH CITY -- Vietnam Technological and Commercial Joint Stock Bank, or Techcombank, said on Monday that U.S.-based private equity firm Warburg Pincus plans to invest $370 million in the lender.