Banks increased their charter capital by more than VND110 quadrillion in 2021 - the highest annual growth to date - to enhance financial strength and meet the central bank’s regulations.
The Government supports the policy of allowing four State-owned banks to raise charter capital, said Governor of the State Bank of Viet Nam (SBV) Le Minh Hung.
While some small commercial banks failed to raise their charter capital
last year, some major lenders have already approved adding millions of
US dollars to their charter capital this year.
