state-owned commercial banks

Update news state-owned commercial banks

The Government’s plans to increase capital for large State-owned commercial banks in the first quarter of this year could be delayed due to the Covid-19 outbreak, analysts predicted.

 

Vietnam's banking industry waits for big M&A deals

The merger and acquisition market in banking industry in the first half of this year has received new signal when Korean bank became a major shareholders of BIDV in early November with a record M&A deal worth US$890 million.

Proposed consolidation positive for banking sector

 VietNamNet Bridge – Viet Nam's central bank's plans to consolidate the country's banking system, and introduce new rules involving ownership structure under Circular 36 are likely to benefit the sector, said Fitch Ratings.