Bank cross-ownership, a tough problem to crack?

Vietcombank recently said it has received permission from the State Securities Commission to sell its stakes in the HCM City-based Saigon Bank for Industry and Trade (Saigonbank) and Việt Nam Cement Finance Company.

SBV focus on bank cross-ownership

Cross-ownership in Vietnamese banks will be controlled with stringent new regulations.

Bank cross ownership persists

Five months after the deadline set by the State Bank of Việt Nam (SBV) for resolving cross ownership in the banking system, the problem persists.

City plans 14% credit growth next year The banking sector in HCM City will likely achieve a credit growth rate of 14 per cent in 2014, the State Bank of Viet Nam Governor told the city's People's Committee last week.

State audit expected to speed up economic restructuring process The State Audit of Viet Nam (SAV) will examine economic restructuring in two key fields of public investment, State-owned enterprises and commercial banks, said SAV's general auditor, Nguyen Huu Van.

SBV seeks to curb bank cross ownership Governor of the State Bank of Viet Nam Nguyen Van Binh has committed to take more measures against cross ownership in local commercial banks to make the banking system safer.

Bank cross-ownership hurts VN Dinh Minh Tuan from the Advisory Council to the National Assembly Committee for Economic Affairs tells Nong thon Ngay nay (Countryside Today) that banking sector reform remains a crucial priority

Confab to discuss bank cross-ownership The heavy incidence of cross-ownership among the nation's banks will be a hot topic at an international conference on financial stability in East Asia to take place in Ha Noi on November 27-28.