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About: Bao Viet Holdings     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:WikicatFinancialServicesCompaniesOfVietnam, within Data Space : dbpedia.org associated with source document(s)

Type: Thingcompanyschema:Organizationdul:Agentdul:SocialPersonagentwikidata:Q24229398OrganizationBusiness enterpriseyago:WikicatCompaniesListedOnTheHoChiMinhSecuritiesTradingCenteryago:Abstraction100002137yago:Company108058098yago:FinancialInstitution108054721yago:Group100031264yago:Institution108053576yago:InsuranceCompany108070465yago:NondepositoryFinancialInstitution108419984yago:Organization108008335yago:WikicatInsuranceCompaniesOfVietnamyago:YagoLegalActoryago:YagoLegalActorGeoyago:YagoPermanentlyLocatedEntityorganisationyago:SocialGroup107950920yago:WikicatFinancialServicesCompaniesOfVietnam New Facet based on Instances of this Class

Bao Viet (also Bao Viet Holdings Vietnamese: Tập đoàn Tài chính-Bảo hiểm Bảo Việt) is the largest Vietnamese insurance company and Vietnam's seventh largest listed company by market capitalisation. It is state-owned and has a strategic partnership with HSBC, which also holds 18% of Bao Viet's shares. HSBC is, however, soon to be replaced by Sumitomo Life. Besides various insurance products, Bao Viet has diversified into stock market trading, fond management and real estate. It also has subsidiaries in banking, hotels and construction. Bao Viet has been losing market shares in recent years and has also been making losses in the insurance sector since 2009.