To meet the capital adequacy ratio (CAR) of the international banking standard Basel II as required by the State Bank of Viet Nam (SBV), many State-owned and private commercial joint-stock banks approved plans to increase capital early this year.
The Politburo will let commercial banks keep dividends so that they can increase their charter capital, State Bank of Viet Nam’s (SBV) Governor Le Minh Hung was quoted as saying.