Keyword: "State Bank of Vietnam Governor Nguyen Thi Hong"

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Governor of the State Bank of Vietnam Nguyen Thi Hong says basically, the 4 mandatory transferred banks complete their organisational structure model and consolidated their senior personnel. (Photo thoibaonganhang.vn

Four transferred banks show strong recovery after restructuring

After nearly a year of mandatory transfer, four banks — CBBank, Oceanbank, GPBank and DongABank — have shown significant improvements in operations, finance and technology. Earlier this year, the SBV completed the mandatory transfer of the four vulnerable banks to stronger institutions — Vietcombank, MB, HDBank and VPBank — as part of efforts to stabilise and strengthen the financial sector.