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Vietcombank allowed to apply Basel II standards

Vietcombank allowed to apply Basel II standards

The State Bank of Vietnam (SBV) has allowed the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) to apply minimum capital adequacy ratio requirements following Basel II standards one year earlier than the deadline initially set by the central bank.

Vietcombank to apply Basel II next month

Vietcombank to apply Basel II next month

Vietcombank will become the first major State-owned bank to apply Basel II standards, two years earlier than the deadline set by the State Bank of Vietnam (SBV).

Domestic lenders reclaim financial trust

Domestic lenders reclaim financial trust

Vietnam’s bank stocks are making their way back onto investors’ radar, as the sector recovers from lingering bad debt issues and strives towards Basel II standards.

Basel II inevitable for Vietnamese banks

Basel II inevitable for Vietnamese banks

As Vietnam becomes more integrated into the world economy, banks looking to improve competitiveness and governance, especially in risk management, should apply Basel II standards.