Settlement of weak banks remains tough
According to the SBV, current policies and financial resources to handle weak banks still have many inadequacies, obstacles and time-consuming procedures.
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According to the SBV, current policies and financial resources to handle weak banks still have many inadequacies, obstacles and time-consuming procedures.
The move was made as the settlement progress of specially controlled credit institutions has been slow.
MB has completed procedures for the compulsory transfer of a troubled bank.
Nearly 20 commercial banks in Vietnam have adjusted deposit rates since the beginning of this month, with most lowering rates, reported Vietnam News Agency.
HANOI: Nearly 20 commercial banks have adjusted deposit rates since the beginning of this month, with most lowering rates.