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restructuring credit institutions
Update news restructuring credit institutions
Postive changes made to resolve Vietnamese banks' bad debt
The banking sector had made considerable headway into settling bad debt, restructuring credit institutions and developing the banking system two years since the National Assembly issued a resolution on the industry.
Credit institutions reduce cross-ownership
VietNamNet Bridge – On February 19 Viet Nam Maritime Joint Stock Bank (MaritimeBank) sold 64.2 million shares of Military Bank (MB), accounting for 4 per cent of the military-owned lender’s registered capital.
