Banks struggle to keep up with CAR standards upgrade

Banks struggle to keep up with CAR standards upgrade

Despite ongoing efforts by banks to raise capital and improve their capital adequacy ratios (CARs), the pace of improvement remains slow.
VIB allowed to apply Basel II standards

VIB allowed to apply Basel II standards

The Vietnam International Bank (VIB) has just received approval from the State Bank of Vietnam to apply capital adequacy ratio following Basel II standards.