Vietnam’s new banking law tightens rules on cross-ownership, credit limits

Vietnam’s new banking law tightens rules on cross-ownership, credit limits

Vietnam’s recently-passed amended Law on Credit Institutions will make cross-ownership more difficult and prevent bank manipulation, a move welcomed by local experts.

Banking - Tue, January 30, 2024 | 1:05 pm

New credit institution law to bring stability, transparency to banking system: brokers 

New credit institution law to bring stability, transparency to banking system: brokers 

The newly-approved amended Law on Credit Institutions is a significant step that governs the stable and transparent management and operation of the banking system, said securities brokers.

Banking - Mon, January 22, 2024 | 8:25 am

Vietnam passes amended credit institution law with cross ownership adjustments

Vietnam passes amended credit institution law with cross ownership adjustments

The National Assembly, Vietnam’s highest legislative body, passed the amended Law on Credit Institutions Thursday with 91.28% of votes in favor.

Banking - Thu, January 18, 2024 | 3:43 pm

The Investor to hold bad debt workshop on Wednesday

The Investor to hold bad debt workshop on Wednesday

The Investor will organize a non-performing loan (NPL) workshop in Hanoi on Wednesday to help improve amendments to the current Law on Credit Institutions.

Banking - Wed, May 17, 2023 | 7:30 am