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Update news capital adequacy ratio
All four major state-run banks, including Vietcombank, Vietinbank, Agribank and BIDV, are expected to qualify for Basel II standards in 2020.
Total assets of commercial banks under state ownership accounted for 42.7% of the total in the banking sector, followed by joint stock commercial banks with 41.6%.
The State Bank of Vietnam (SBV) has repeatedly urged commercial banks to take action to reduce the non-performing loan (NPL) ratio to below 3 percent by September 30. But it has proven to be an impossible mission.