Despite gaining positive profits, total assets of many small banks by the end of the first quarter of this year decreased compared to last year due to a in deposits.
The State Bank of Viet Nam has sought the Government’s permission to allow credit institutions more time to sell their stakes in other lenders since many smaller ones are struggling to do so.
The total charter capital of the country''s 12
smallest commercial banks by the end of the second quarter was worth
only VND37.694 trillion (US$1.675 billion).
