Project to train commercial bank directors approved

Mar 06, 2015 / 03:37 PM

The Prime Minister has given his approval for a project to train directors of commercial bank branches from 2015 to 2017, funded by Official Development Assistance (ODA) from the Swiss government.

The project aims to improve management of Vietnamese commercial banks in line with international regulations through enhancing the capacity of managerial personnel.

The State Bank of Vietnam

Managed by the State Bank of Vietnam (SBV), the project will require 2.9 million USD, 2.5 million USD of which constitutes non-refundable capital.
The Prime Minister asked the SBV to finalise preparations and carry out the project in accordance with Government Decree 38/2013/ND-CP regulating the management and usage of ODA and foreign preferential loans to ensure efficiency.

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