The bank at the centre of Vietnam's biggest financial fraud has received a central bank bailout amounting 5% of the nation's ...
Vietnam's government said some private banks can increase their foreign ownership to up to 49% from 30% after they took over struggling financial institutions as part of the government's plan to ...
Raising the foreign ownership cap to 49% for selected lenders could spur inflows but high pricing and hidden bad debts could limit investor appetite Read more at The Business Times.
HANOI (Reuters) - Vietnam's central bank said on Wednesday it had told local commercial banks to keep deposit rates stable and seek to lower their lending rates to support economic growth.
After many consecutive sessions of net withdrawal, the State Bank of Vietnam (SBV) last week net injected more than 5.09 ...
HANOI] Vietnam’s government is allowing 49 per cent foreign ownership of a handful of banks – up from 30 per cent – that have ...
HANOI: As experts say the credit-growth quota policy for commercial banks in Vietnam is currently inappropriate and hinders ...
In January, the central bank, the State Bank of Vietnam, directed two commercial banks to take over underperforming rivals as part of the restructuring drive that it said was necessary for ...
Scandal highlights Vietnam’s struggles to oversee its banks and contain potential sectoral risk. Read more at ...
A Vietnamese flag flies atop the State Bank building, near the Vietcombank and Bank for Investment and Development of Vietnam buildings, in central Hanoi, Vietnam November 23, 2017. Photo: Reuters ...