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State-owned commercial joint stock banks

State-owned banks to be allowed to keep dividends

State-owned banks to be allowed to keep dividends

The Politburo will let commercial banks keep dividends so that they can increase their charter capital, State Bank of Viet Nam’s (SBV) Governor Le Minh Hung was quoted as saying.
Banks raised dong deposit rates to improve liquidity

Banks raised dong deposit rates to improve liquidity

Some mid-sized commercial joint stock banks recently raised interest rates on short-term dong deposits amid rising credit demands.