acquisitions to help boost restructuring of weak banks

Acquisitions to help boost restructuring of weak banks

Despite the financial hurdles in restructuring zero-VND banks, the process also presents immense opportunities for acquirers as they can leverage the restructuring to strengthen their market presence, long-term strategies, and foreign ownership limits.
banks conducting massive bond issuances

Banks conducting massive bond issuances

Besides attracting deposits to meet the heightened credit demand at the end of the year, banks are racing to issue bonds to replenish capital sources.
vpbank announces plans to take over weak bank

VPBank announces plans to take over weak bank

Amidst the larger backdrop of restructuring within Vietnam's banking sector, VPBank has taken centre stage, declaring its readiness and financial capability to acquire a struggling bank. This bold step signals the bank's commitment to strengthening the country's banking ecosystem.
fol hikes and merger plans on the cards

FOL hikes and merger plans on the cards

Mergers and acquisitions in Vietnam’s banking sector are anticipated to be more vibrant as more lenders look to increase the foreign ownership limit and enhance their footprint in weak banks’ restructuring process.
credit tweak opens door for economic rejuvenation

Credit tweak opens door for economic rejuvenation

Credit institutions with ample financial buffers, sound risk management, and participation in weak banks’ restructuring journey would gain an upper hand in terms of higher-than-average loan ceilings.
vietcombank and mb will take part in reconstructing cbank and ocean bank

Vietcombank and MB will take part in reconstructing CBank and Ocean Bank

Vietcombank and MB would participate in the reorganisation of two weak banks, Construction Bank (CBank) and Ocean Bank, as a part of the forcible transfer controlled by the government.
jardines matheson to play part in restructuring weak banks

Jardines Matheson to play part in restructuring weak banks?

Jardines Matheson, the strategic investor of Vinamilk, Truong Hai Auto Corporation (Thaco), Refrigeration Electrical Engineering Corporation (REE), and various other companies, will pay attention to the restructuring of weak banks and credit institutions in Vietnam.
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.
sbv puts forward new regulation to do away with weak banks

SBV puts forward new regulation to do away with weak banks

If approved, the new regulation will force weak credit institutions to be acquired by stronger competitors assigned by the State Bank of Vietnam (SBV), and letting those who fail to recover to face bankruptcy.
vnd0 takeover or bankruptcy

VND0 takeover or bankruptcy?

The method of acquiring weak banks at VND0 is officially adopted on the draft law on supporting the restructuring of credit institutions and non-performing loan (NPL) settlement, composed by the State Bank of Vietnam (SBV). However, buying at the price of VND0 or boldly letting poorly performing commercial banks go bankrupt remains a dilemma.
sbv announces compulsory ma for weak banks

SBV announces compulsory M&A for weak banks

​The State Bank of Vietnam (SBV) currently encourages mergers and acquisitions (M&A) for weak credit institutions based on voluntary spirit and the assurance of relevant rights for both parties. However, this will turn into a compulsory activity if these institutions do not volunteer. 
sbv looks set to resolve weak banks in 2015

SBV looks set to resolve weak banks in 2015

In 2015, the State Bank (SBV) is going to restructure the banking system vigorously via mergers and acquisitions (M&As) between banks.
new banking decree fails to up foreign ownership

New banking decree fails to up foreign ownership

sbv pushes on with bank restructuring

SBV pushes on with bank restructuring

The Governor of the State Bank of Vietnam, Nguyen Van Binh, has reported to the NA on the restructuring process for weak banks in Vietnam.
vietnam considers selling a bank to foreigners

Vietnam considers selling a bank to foreigners

Eight out of the nine weak banks have finished the restructuring process, while the ninth one may be sold to foreign investors. There is no precedent for such a move in Vietnam.