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Sunday, September 21, 2025

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handling of weak banks

SCB restructuring plan to be completed by mid-Sept

HCMC - The Government has ordered the State Bank of Vietnam (SBV) to complete a restructuring plan for Saigon Commercial Bank (SCB) before September...

Reserve requirement to be halved for acquirers of weak banks

HCMC - Vietcombank, MBBank, VPBank, and HDBank will enjoy a 50% reduction in reserve requirements for taking over weak banks, starting in early October. The...

Acquirers of weak banks allowed to raise foreign ownership to 49%

HCMC – Private banks that acquire underperforming financial institutions will be permitted to raise their foreign ownership limit from the current 30% to a...

VPBank, HDBank acquire troubled GPBank, DongA Bank

HCMC – Vietnam’s central bank has announced that two struggling commercial banks, GPBank and DongA Bank, will be transferred to VPBank and HDBank, respectively. The...

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