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Military Bank gained US$27 million from selling stake in Mcredit to Japanese bank

MB has just announced a completion of selling 49 per cent stake in its consumer finance arm Mcredit Finance Company to Japan’s Shinsei Bank.

State-owned companies divest from banks

The share prices of banks listed on bourse have risen sharply, having facilitated the divestment of state-owned companies.

Ph.D Le Xuan Nghia says this is not the right time to let banks collapse

The problem of bank failure has been debated within the National Assembly, leading to public concern.

Banks poised to increase capital by $1.6b

The banking system is expected to further develop this year, as 16 banks have announced plans to increase capital by a total of nearly VNĐ37 trillion (US$1.62 billion).