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Update news Shinhan Bank
South Korean lenders are continuing to play the waiting game in regards to measures to combat damage caused by the coronavirus outbreak, though domestic banks and investors have been placing growing bets on rate cuts or tolerance to loans.
Rising foreign investment flow in Vietnam has prompted overseas banks to expand operation in the country.
Foreign banks have so far gained positive business performance in the Vietnamese market and their results are estimated to be better than Vietnamese banks with the same scale in capital and total assets.