The information was given by Mr. Dao Minh Tu, Deputy Governor of the State Bank, at a press conference on banking performance results in 2024 and task deployment in 2025 on the afternoon of January 7.
Accordingly, Deputy Governor Dao Minh Tu said that the operator is submitting to the Government for approval the transfer of Global Petroleum Bank Limited (GPBank) and DongA Commercial Joint Stock Bank (DongA Bank).
The Deputy Governor said: "If approved, the State Bank hopes to complete the transfer before Lunar New Year to complete the plan to transfer four weak banks that has been set out."
In addition, for SCB Bank, the State Bank will continue to implement measures according to regulations, maintain stability and ensure that people's deposits and savings are due. At the same time, handle existing problems and weaknesses; coordinate with competent authorities to ensure principles and legal regulations to handle violations of individuals causing damage to the bank.
The State Bank will submit a plan to actively restructure SCB Bank as soon as possible for approval by competent authorities.
Deputy Governor Dao Minh Tu chaired the meeting.
Previously, on October 17, the State Bank announced the transfer decisions. Accordingly, the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) will receive the compulsory transfer of the Construction Bank (CBBank); the Military Bank ( MBBank ) will receive the compulsory transfer of the Ocean Bank (OceanBank). Oceanbank and CBBank are two banks that the State Bank bought at 0 VND in 2015. In addition to Oceanbank and CBBank, there is currently another 0 VND bank, GPBank, and two banks under special control, DongABank and SCB.
Regarding the restructuring of credit institutions, the Deputy Governor affirmed that so far all credit institutions are operating actively. Most banks are profitable and have higher profits than in 2023. Banks maintain reasonable interest rates to support businesses.
"Bad debt tends to increase. Even since there have been support policies such as extending and postponing debt repayments for businesses affected by Covid-19 from 2022 until now, many businesses have not been able to repay their debts," said the Deputy Governor.
To date, most credit institutions have implemented the 2021-2025 restructuring plan and have met Basel III standards in governance objectives. Even medium-sized banks are very interested in this area.
Source: https://pnvnweb.dev.cnnd.vn/du-kien-chuyen-giao-2-ngan-hang-yeu-kem-gpbank-va-donga-bank-truoc-tet-nguyen-dan-2025-20250107170857051.htm
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