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bank restructure
Update news bank restructure
Banks’ messy cross-ownership resembles ‘bamboo shavings’
VietNamNet Bridge - The State Bank of Vietnam is determined to get rid of cross-ownership status at banks, but the achievements remain modest.
Second phase of bank restructuring process kicks off
VietNamNet Bridge - Vietnamese commercial banks have started the second phase (2016-2020) of restructuring which sets higher requirements in settling existing problems and improving competitiveness.
Unnamed foreign investor wants to buy half of Dong A Bank
Dong A Bank CEO Tran Phuong Binh said a foreign investor wants to buy a 49 stake to become a strategic shareholder of the bank.
For banks, is bigger really better?
It is clear that the current bank merger & acquisition (M&A) trend will lead to a sharp cut in the number of banks in the system. But the quality of the banks after the M&A remains questionable.
