New regulation reduces cross-ownership in banks

New regulation reduces cross-ownership in banks

Cross-ownership in banks has decreased sharply after the banks recently changed their top leaders at the 2018 annual general meetings of shareholders (AGMs) to meet the central bank’s new regulation.
Cross-ownership wipe-out in financial institutions to finish soon

Cross-ownership wipe-out in financial institutions to finish soon

Over the past three years, divestment activities stoked up the cross-ownership "wipe-out" among financial institutions to strengthen ownership transparency.
IFC investing in Vietnam to help settle banking issues

IFC investing in Vietnam to help settle banking issues

Non-performing loan and cross-ownership are two big issues that Vietnam has to clean up in its banking sector to improve investors’ confidence in the economy.