the big four

Update news the big four

Increasing chartered capital is the most important task for the four state-owned commercial banks. If their CARs are lower than Basel II standards, they will have to restrict lending.

VN banking sector: The ‘big four’ struggle to raise charter capital

VND92 trillion is the amount of money that four state-owned banks, or the ‘big four’, have paid to the state budget since 2014.

‘Big four’ banks turn into ‘big two’

With Vietcombank making up 40 percent of total profit of four state-owned banks, the competition among the ‘big four’ banks has been reduced to the ‘big two’.

Billions of dollars are being poured into Vietnam’s leading companies

Large foreign capital is being poured into Vietnamese enterprises, especially big companies in different business fields.

The ‘big four’ banks thirsty for foreign capital

Initial encouraging results have occurred after efforts were made to reduce the need for capital from banks where the state holds the controlling stake.