Sacombank has been named among the ‘Top 50 Prestigious and Effective Public Companies in 2023" (VIX50) and ‘Top 10 Prestigious Vietnamese Joint Stock Commercial Banks in 2023’ by Vietnam Report.
Experts have called on the Ministry of Finance and State Bank of Viet Nam to carefully assess how lenders are accounting for interest receivables in order to take proper measures to make them reflect their actual revenue situation.
Business conditions related to the establishment and operation of joint stock commercial banks and non-bank credit institutions in Viet Nam will be eased under a draft circular from the State Bank of Viet Nam (SBV).
The health of credit institutions improved significantly in March, with
the value of their assets registering a sharp increase over February to
more than VND123.4 trillion (US$5.8 billion).
The State Bank of Viet Nam (SBV) has discovered two more weak banks and
six credit institutions to be restructured this year, along with nine
other banks now being monitored.