Central bank tightens supervision to prevent significant risks
VGP – The State Bank of Viet Nam has announced a list of 14 key banks deemed systemetically important in 2024.
The facade of the State Bank of Viet Nam in Ha Noi capital
These banks are: Agriculture and Rural Development Bank, Viet Nam Joint Stock Commercial Bank for Industry and Trade, Viet Nam Bank for Investment and Development, Viet Nam Joint Stock Commercial Bank for Foerign Trade, Asia Commercial Joint Stock Bank, Viet Nam Post and Telecommunication Joint Stock Commercial Bank, Technological and Commercial Joint Stock Bank, Viet Nam Bank for Industry and Trade, Military Commercial Joint Stock Bank, International Commercial Joint Stock Bank, Sai Gon-Ha Noi Commercial Joint Stock Bank, Sai Gon Thuong Tin Commercial Joint Stock Bank, Tien Phong Commercial Joint Stock Bank, and Viet Nam Prosperity Joint Stock Commercial Bank.
The State Bank requires its Banking Supervision and Inspection Agency and provincial branches closely monitor and provide timely warnings of any risks in the operations of the above banks in order to prevent systemtic risks and significant risks./.
