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Vietnam four major state-owned banks can raise registered capital with gov't funding
Under the new regulation, state-owned commercial banks where the state holds more than 50% can now be able to raise their registered capital to maintain the government control.
16:04, 2019/12/30
Vietnam’s 4 state-run banks to qualify for Basel II in 2020
By the end of 2020, all commercial banks are required to meet Basel II standards, a condition for local lenders to expand their respective credit growth limit and increase registered capital.
01:50, 2019/12/24
Vietnam banks' capital to remain weak after Basel II delay: Fitch Ratings
Fitch analysts were upbeat about continued strong economic growth in Vietnam, which makes near-term stress unlikely and underpins their stable outlook for the banking sector.
09:47, 2019/11/22
Loosening foreign ownership cap at Vietnamese banks becomes urgent
After the parliament disapproved a plan to use state funds to raise registered capital, state-owned banks will have to look for foreign investment to increase capital.
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