Excess loans to be permitted beginning May 1

Excess loans to be permitted beginning May 1

Credit institutions and foreign banks will be allowed to grant loans to some prioritised borrowers in excess of lending limits regulated by law beginning next month.
Deposit security to seize top spot on upcoming bank AGM agendas

Deposit security to seize top spot on upcoming bank AGM agendas

After $13.17 million up and vanished from a savings account at Eximbank, deposit security will undoubtedly be on the top talking point at banks' upcoming AGMs.

Banking shake-up will not happen overnight

Last year was a time of trials and tribulations for Vietnam’s economy and banking sector.
Banking restructuring is nothing to be feared

Banking restructuring is nothing to be feared

Credit institutions that do not thoroughly restructure will miss a precious opportunity to improve their competitiveness.
Banking on some fresh changes

Banking on some fresh changes

The National Assembly passed the new Law on Credit Institutions on June 16, 2010 (“New Law”) to repeal and replace the Law on Credit Institutions dated December 12, 1997, as amended on June 15, 2004 and its implementing regulations (collectively referred to as “Old Law”).