There are several weak CIs in the Vietnamese banking system that are being put under special control and have to undergo restructuring as per the request of the Government. Three of them are Ocean Bank, GPBank and CBbank, which the...
For its rich experience in successful restructuring of credit institutions and pioneering spirit, HDBank has been chosen to participate in the compulsory sale of weak credit institutions.
The State Bank of Viet Nam (SBV) can take early intervention measures against weak credit institutions in the supervision process from July this year, according to a new SBV regulation.
Viet Nam''s economy scale would be fine with 14-17 domestic commercial
banks instead of 30, State Bank of Viet Nam Governor Nguyen Van Binh
told The Sai Gon Times.
