21-02-2024 14:43
Partner of Consulting and Financial Services Vo Quoc Khanh and director of Consulting and Financial Services Nguyen Huy Cuong, from EY Consulting Vietnam, delve into the notable updates of Basel III compared to Basel II, and its impacts on bank operations.
05-07-2023 16:35
Vietnam's liquified natural gas (LNG) power projects, hailed as potential baseline power sources with quick startup capacity, continue to confront significant challenges amidst efforts to expedite their progress.
04-11-2022 10:00
On October 12, Ho Chi Minh City’s commercial lender Nam A Bank announced the completion of risk management standards according to Basel III under the accompaniment and advice of KPMG.
26-10-2022 09:00
More Vietnamese financial institutions are adopting international practices, particularly Basel III standards, to enhance a solid financial buffer, aid resilience, and prepare for global competition.
19-10-2022 15:33
Besides Basel II, many banks have also applied Basel III and IFRS 9. These international standards help banks improve risk management and competitiveness compared with their peers, which also contributes to the effective and sustainable development of the credit institution system.
05-09-2022 09:00
Though there are currently no regulations that require the application of Basel III international banking standards, some banks have pioneered the implementation of the norms and are expected to complete the work soon.
02-05-2022 11:25
Moody’s has upgraded the Baseline Credit Assessment for SeABank from B2 to B1, while also maintaining SeABank’s long-term deposit and issuer ratings at B1 for the fourth consecutive year, with a positive outlook.
20-09-2021 08:00
In recent years, the banking system has experienced many strong transformation trends such as digital transformation, process automation, and strong investments in information technology. Alongside with these innovations, banks have also devoted considerable resources to enhancing the risk management foundation towards leading practices. In Vietnam, some pioneering banks have proactively piloted Basel III and Basel IV standards in order to stay competitive and ensure a sustainable growth.
31-12-2020 11:26
Ho Chi Minh City-based commercial lender HDBank (HSX: HDB) has deployed the internal capital adequacy assessment process under pillar 2 of the Basel Committee on Banking Supervision, reaching the full implementation of the three pillars of Basel II in light of Circular No.41/2016/TT-NHNN and Circular No.13/2010/TT-NHNN of the central bank ahead of the deadline.
01-12-2020 16:09
President-elect Joe Biden's victories in Arizona and Wisconsin were certified on Monday, further cementing his win even as Donald Trump continues to make baseless claims of vote fraud.
27-11-2020 10:46
Shinhan Bank Vietnam has officially announced its application of Pillar 2 of Basel II on its internal capital adequacy, as prescribed in Circular No.13/2018/TT-NHNN of the State Bank of Vietnam (SBV).
28-08-2020 18:20
Banks are facing major challenges to carry out their capital increase plans this year due to the impacts of the COVID-19 pandemic.
17-04-2020 21:20
Credit ratings provider Fitch Ratings has downgraded its outlook on four local and one foreign bank in Vietnam – Vietcombank, VietinBank, MB, ACB, and ANZ.
25-12-2019 10:08
Global ratings agency Moody’s last week dealt a fresh blow to Vietnam’s financial sector by downgrading the outlook of 18 banks to reflect disquiet among investors, following the agency’s confirmation a few days earlier of Vietnam’s Ba3 sovereign rating.
30-10-2019 17:47
On October 29, 2019 in Hanoi, Southeast Asia Commercial Joint Stock Bank (SeABank) was officially recognised by the State Bank of Vietnam to have met the minimum capital adequacy ratio in accordance with Basel II international standards.