Vietnam’s commercial bank credits on a roll

Vietnam’s commercial bank credits on a roll

Credit ratings for Vietnam is on an upward trend at the start of 2021 despite the raging pandemic thanks to the recovery in production, business and exports as well as new preferential loan policies to support domestic companies, experts stated.
BIDV has just approved a plan to increase its charter capital in 2021 by more than VND8.3 trillion. (Photo: SGGP)

Several commercial banks propose to increase charter capital

Many commercial banks have submitted to their shareholders and proposed to increase charter capital in the context that credit growth must ensure capital adequacy ratio (CAR) following the international standards Basel II.