Việt Nam’s four biggest State-owned banks have an urgent need for capital increase in 2023 as their charter capital is too low, with some unable to ensure the regulated minimum capital adequacy ratio (CAR), according to industry insiders
Viet Nam has 11 banks with total assets of more than US$10 billion each, of which three have total assets exceeding VND1 quadrillion ($44 billion) each, financial reports from the banks showed.
After four years of restructuring the banking system, total charter
capital owned by the State Bank of Viet Nam (SBV) at commercial banks
increased 1.7 times.
