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bank restructuring

Banks wont get higher credit limits

Banks won’t get higher credit limits

The State Bank of Viet Nam (SBV) will not adjust upward credit growth limits for commercial banks, except in some special cases, for the rest of the year, SBV Governor Le Minh Hung said.
New law set to help weak banks recover: experts

New law set to help weak banks recover: experts

 Some weak banks that are undergoing restructuring might get out of the worse thanks to unprecedented support measures under a new law, experts have said.
Sacombank reports 10-fold jump in profit

Sacombank reports 10-fold jump in profit

Sacombank announced a pre-tax profit of over VND1.48 trillion (US$65.5 million) for last year, almost 10 times up from 2016.  
NA resolution to speed up bank restructuring

NA resolution to speed up bank restructuring

At its third session the 14th National Assembly passed a resolution to trial various policies on bad debt settlement and the handling of secured assets for bad debts of credit institutions, branches of foreign banks and State-owned organisations to speed...
SBV prepares bad debt settlement plan

SBV prepares bad debt settlement plan

The central bank on Friday held an online conference to prepare for the implementation of the scheme to settle non-performing loans (NPL) and restructure credit institutions in the 2016-20 period.
World Bank suggestions to resolve VNs bad debts

World Bank suggestions to resolve VN’s bad debts

Experts from the World Bank have made four key recommendations to resolve Viet Nam’s problem of non-performing loans (NPLs).
Banks told to promote corporate governance

Banks told to promote corporate governance

Corporate governance and management in commercial banks are two core factors that can determine their success or failure.
Banking sector sets ambitious 2015 targets

Banking sector sets ambitious 2015 targets

At a conference held in late December the banking sector announced its main tasks for 2015. But the goals, based on the industry''s results in 2014 and not set too high, may yet be difficult to achieve.
SBV to restructure non-bank credit institutions

SBV to restructure non-bank credit institutions

The State Bank of Viet Nam (SBV) will focus on restructuring non-bank credit institutions such as financial companies and financial leasing firms this year.