16-11-2013 11:06
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.
01-10-2013 16:26
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.
08-10-2012 10:12
The government has tasked the State Bank of Vietnam to take necessary measures to tighten discipline on the banking sector and fix all weak banks in 2013, according to the government’s newly-issued resolution.
14-05-2012 10:03
Credit institutions that do not thoroughly restructure will miss a precious opportunity to improve their competitiveness.
15-02-2012 10:32
According to an instruction issued by the Governor of the State Bank of Vietnam (SBV) Nguyen Van Binh on Feb. 13, banks belonging to Group 4 (weak banks) will not be allocated any credit growth this year.
16-01-2012 10:29
Vietnam’s National Financial Supervisory Commission claims the central bank should fight liquidity issues by pumping money into the banking system.