According to the SBV, current policies and financial resources to handle weak banks still have many inadequacies, obstacles and time-consuming procedures.
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.
The inspectorate body of the State Bank of Viet Nam has conducted 6,555
inspections on credit institutions in the past five years and uncovered
many violations in the banking sector.
