Difficult to find investors for restructuring weak banks: Vietnam central bank

Difficult to find investors for restructuring weak banks: Vietnam central bank

Placing five banks under special control was "unprecedented" and it will not be easy to find investors to help restructure them in the post-pandemic context, said the State Bank of Vietnam governor.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Credit expansion limit raised for banks with reduced interest rates

Credit expansion limit raised for banks with reduced interest rates

The latest increase in credit expansion limit will be prioritized for banks with strong liquidity and lending interest rate reductions, says the central bank's Deputy Governor Dao Minh Tu.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7