New law tightens cross-ownership in credit institutions

Wednesday, Jul 03, 2024

Cross-ownership and manipulation in credit institutions will be tightened after the revised Law on Credit Institutions took effect from July 1, 2024.

Bank law to be amended to ensure banking system safety

Wednesday, Mar 15, 2023

The State Bank of Viet Nam (SBV) is collecting comments on its draft revised Law on Credit Institutions to better ensure the safety of the banking system.

Revised Law on Credit Institutions to cover bad debt recovery

Wednesday, Sep 30, 2020

The Government has directed the State Bank of Viet Nam to add non-performing loan settlement regulations under Resolution No.42/2017/QH14 into the revised Law on Credit Institutions.

New regulation reduces cross-ownership in banks

Monday, May 28, 2018

Cross-ownership in banks has decreased sharply after the banks recently changed their top leaders at the 2018 annual general meetings of shareholders (AGMs) to meet the central bank’s new regulation.

New law set to help weak banks recover: experts

Saturday, Jan 27, 2018

 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.