6 Vietnamese Banks have met the Basel II standard: MBB, VPB, TPB, VIB, VCB, and OCB


The State Bank of Vietnam (SBV), the country’s central bank, has issued a decision on allowing three more banks, namely MBBank (HOSE: MBB), VPBank (HOSE: VPB), and TPBank to apply the Basel II standard from May 1, this year. Before the three mentioned banks adopt the Basel II standard, Vietcombank (HSX: VCB), Vietnam International Bank (VIB), and Orient Commercial JS Bank have met the Basel II standard.

Source: SBV/ VCSC

Photo: File