Four state-owned banks have been asked to help manage Saigon Commercial Bank after it experienced a bank run.
October 20, 2022Several banks have already exhausted their quotas and are no longer accepting new loan applications. The SBV has so far refrained from granting additional quotas.
August 15, 2022The SBV has approved proposals for several state-owned and private banks to increase their charter capital.
November 19, 2021The retail payment link will facilitate cross-border transactions between Thailand and Vietnam using local currencies.
April 3, 2021Vietcombank and Vietinbank will each receive government funds to bolster their capital. Agribank will be allowed to retain its earnings rather than contribute to the state budget.
February 4, 2020Vietcombank, BIDV, Vietinbank and Agribank are close to minimum capital adequacy requirements and may be forced to stop lending if they are not allowed to increase capital.
December 6, 2019State-owned banks will be allowed to retain dividends or pay them in shares to help them meet Basel II capital adequacy requirements by January 2020.
May 30, 2019The central bank proposes to halve reserve requirements for banks that assist it in restructuring ailing credit institutions.
February 20, 2019Vietnam’s largest banks are pushing the government to allow them to sell more equity to foreign banks to bolster their capital levels.
February 13, 2019Listed commercial banks in Vietnam will need to raise an estimated $10bn in capital this year to meet Basel II capital requirements by 1 January 2020.
January 15, 2019