Foreign banks eager to invest in Vietnam banking sector – Vietnam Financial News

Existing regulations regarding capitalization requirements imposed by the central bank have made Vietnamese bank rush into partnering with foreign banks. Representatives from foreign banks such as Standard Chartered have expressed optimism in the country’s banking sector and have praised the implementation of regulations which has led to a “fairer” playing field in the industry.  Recently, the Commonwealth Bank of Australia bought 15 percent stake at VIB Bank becoming the Vietnamese bank’s largest strategic shareholder. Read full story here.

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Tags: Vietnam banks, foreign investor, international investment, investment companies, banking sector, WTO Vietnam, Vietnam investment