Hanoi-based SHB sells its financial consumer arm to Thailand bank
The move is pending review and approval from regulators in Vietnam, Thailand, and Japan.
The move is pending review and approval from regulators in Vietnam, Thailand, and Japan.
An upgrade is unlikely, given the review for downgrade.
Experts believed European investors would eye Vietnamese banks which have some good criteria.
The central bank is willing to support liquidity for credit institutions, if needed, as they start providing financial support for the economy.