Acquirers will enjoy many incentives in terms of capital sources and credit quotas to expand their asset scale and outstanding debts. — Vietnam News
HANOI: Banks that acquire weak banks will enjoy various preferential policies, such as refinancing loans with preferential interest rates and a reduction of required reserve ratios.
The State Bank of Vietnam (SBV) completed the compulsory transfer of four vulnerable banks, CB, Oceanbank, DongA Bank and GPBank to Vietcombank, MB, HDBank and VPBank, respectively.
