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Foreign financial institutions active in Vietnam have called ‘unreasonable’ a tentative requirement that they increase their chartered capital to five trillion dong by 2012, and ten trillion dong by 2015. VietNamNet Bridge – Foreign financial institutions active in Vietnam have called ‘unreasonable’ a tentative...

Tags: Bank Branches, Chartered Capital, Commercial Banks, Draft Document, Foreign Bank, Foreign Bank Branches, State Bank, The Draft, The Draft Document, The State, The State Bank, To Foreign Bank, To Foreign Bank Branches

VnnNews – Commercial banks have urged SBV to remove the instruction on halting licensing for new bank branches. Two years ago was the time when commercial banks rushed to set up new branches to expand their network. At that time, the network expansion was applauded by the central bank which said that this was a necessary move to prepare...

Tags: Bank Branches, Central Bank, More Branches, Open More Branches, State Bank, The Central, The Central Bank, The Network Expansion, The State, The State Bank, To Open More, To Open More Branches