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weak bank
Update on weak banks
There is a plan to deal with weak banks, SCB
The Prime Minister has approved the project to restructure banks associated with bad debt handling, proposed to competent authorities a mechanism to handle weak banks and SCB Bank...
Economy
The government will sell weak banks.
Vietnam will continue to strongly restructure in many areas such as finance and banking, state-owned enterprises... Including the sale of weak banks.
Proposal for weak bank bosses to be awarded only half a month's salary
When completing the targets, leaders of weak banks will be rewarded with a maximum of 0.5 month's salary, according to the proposal of the Ministry of Finance.
Congress agrees to bankrupt weak banks
Banks that have been acquired for 0 VND or are under temporary special control will still follow the old approved plan.
Government discusses institutional breakthrough to handle weak banks
Prime Minister Nguyen Xuan Phuc said that perfecting regulations and developing separate laws on restructuring credit institutions and handling bad debts is very necessary and urgent.
Deputy Prime Minister Vuong Dinh Hue: Weak banks need to be tightly managed
Tightly managing weak banks and continuing to restructure credit institutions are two of the tasks set for the State Bank by Deputy Prime Minister Vuong Dinh Hue.
Weak banks must be allowed to fail.
Speaking at the meeting hall on the issue of bank restructuring this afternoon (November 1), Delegate Phan Van Quy (Nghe An delegation), member of the National Assembly's Law Committee, said: There should be a policy to allow weak banks to go bankrupt. We have not allowed any bank to be dissolved in the true sense.
Prime Minister: Do not let weak banks disrupt the market
DNUM_ABZADZCABD 11:11
Step up bad debt handling, bank restructuring, and prevent weak banks from disrupting the financial and monetary markets.
Dealing with weak banks in 2013
DNUM_AHZBAZCABC 07:45
The Government also requested the State Bank to take timely and appropriate measures to strengthen discipline in the banking sector.
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