, Vietnam

Vietnam central bank notes 4 principles in restructuring the banking system

The State Bank of Vietnam announced four fundamental principles in restructuring the local banking system.

 

It will firstly involve developing a banking industry with diversified ownership structure, scales and types to meet various demand for banking services of the whole economy.

Secondly, restructuring the banking sector must ensure to strengthen the health and safety of the banking sector.

Thirdly, mergers and acquisitions of banks are to be carried out on voluntary basis and must ensure the rights of the depositors as well as the rights and responsibilities of other related parties.

Lastly, the restructuring of the banking system must be implemented via an appropriate roadmap with multiple measures and approaches. Different measures will be applied for different banks.

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!