Basel III and its implications for banks in Vietnam

Basel III and its implications for banks in Vietnam

EY Consulting Vietnam delves into notable updates of Basel III compared to Basel II and its impacts on bank operations.
Which banks lead international risk management standards?

Which banks lead international risk management standards?

Besides Basel II, many banks have also applied Basel III and IFRS 9. These international standards help banks improve risk management compared with peers.
HDBank completes three pillars of Basel II ahead of deadline

HDBank completes three pillars of Basel II ahead of deadline

HDBank has deployed the Basel II internal capital adequacy assessment process, reaching the full implementation of the three pillars ahead of the deadline.
Shinhan Bank Vietnam complets three pillars of Basel II

Shinhan Bank Vietnam complets three pillars of Basel II

Shinhan Bank Vietnam has officially announced its application of Pillar 2 of Basel II on its internal capital adequacy, as prescribed by the SBV.
Fitch downgrades outlook on Vietcombank, VietinBank, ACB, MB, and ANZ

Fitch downgrades outlook on Vietcombank, VietinBank, ACB, MB, and ANZ

Credit ratings provider Fitch Ratings has downgraded its outlook on four local and one foreign bank in Vietnam – Vietcombank, VietinBank, MB, ACB, and ANZ.
Moody’s downgrade may dampen Basel II efforts

Moody’s downgrade may dampen Basel II efforts

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.
SeABank allowed to apply Basel II before deadline

SeABank allowed to apply Basel II before deadline

SeABank was officially recognised by the SBV to have met the minimum capital adequacy ratio in accordance with Basel II international standards.
HDBank gains Basel II compliance ahead of schedule

HDBank gains Basel II compliance ahead of schedule

HDBank has been authorised by the Governor of the State Bank of Vietnam (SBV) to implement new regulations that ensure its compliance with Bales II standards.
Banks brace for tough year as Basel II looms

Banks brace for tough year as Basel II looms

Banks in Vietnam are expecting a tough year ahead as Basel II looms near and retail profits tighten. 
Large banks concerned about raising capital

Large banks concerned about raising capital

State-owned banks are struggling to raise capital to improve their capital adequacy ratio (CAR) in line with Basel II requirements.
Banks incorporate Basel II standards

Banks incorporate Basel II standards

A group of Vietnamese banks have been accorded compliance through international regulations despite the ­challenges faced in raising capital and attracting ­investors, paving the way for others to follow. Trang Phuong reports.