Domestic commercial banks on Thursday continued devaluing the US dollar against the Vietnamese dong for the second consecutive session, despite a rise of the greenback in the global market.
Domestic commercial banks are finding it hard to look for foreign
strategic partners due to difficulties in the financial market and the
current rules on foreign ownership limits.
Profitability of domestic commercial banks has reduced compared to
previous years due to rising risk provisions for non-performing loans,
according to a report from NFSC
Domestic commercial banks can forge strategic co-operation with foreign
investors if they clear their bad debts and prove their future
potentials, analysts say.