Vietnam Banks'' Asociation (VNBA) has been calling for an increase to foreign-owned shares limit in Vietnamese commercial banks, starting with those who have implemented Basel II successfully and are on their way to upgrade to Basel III.
The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank – HoSE: HDB) has applied the Internal Capital Adequacy Assessment Process (ICAAP), thus completing all three pillars of the Basel II ahead of the schedule set by the State...
Shinhan Bank Vietnam Limited (Shinhan Bank) has completed Pillar 2 of Basel II which assesses the bank’s internal capital adequacy, as prescribed in a circular of the State Bank of Vietnam (SBV).
Việt Nam Prosperity Joint Stock Commercial Bank (VPBank) on Thursday announced that it completed the three pillars of Basel II, one year earlier than the State Bank of Việt Nam’s deadline.
Capital difficulties are putting pressure on some banks struggling to meet the central bank’s Basel II deadline of early next year, but experts suggest the central bank should not delay the process.
CEO Han Ngoc Vu said VIB considers the implementation of all Basel II three pillars as one of the important tasks in the long-term for the bank''s risk management.
The Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) has become the 16th Vietnamese bank to meet the minimum capital adequacy ratio set by Basel II standards.
The State Bank of Viet Nam (SBV) has recognised the Southeast Asia Joint Stock Commercial Bank (SeABank) as having met the minimum capital adequacy ratio according to Basel II international standards.
Viet Capital Commercial Joint Stock Bank has received approval from the State Bank of Vietnam to adopt Basel II standards, taking the number of banks meeting the global norms ahead of schedule to 12.
Banks with a relatively good performance and financial situation can easily adopt Basel II standards whereas it is difficult for those facing financial difficulties.