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Bank Industry Overview: Vietnam Nov 02 Product Image

Bank Industry Overview: Vietnam Nov 02

  • Published: November 2002
  • Standard & Poors

Abstract
The Vietnamese banking sector remains weak from a global credit perspective, and in their current form the domestic banks will be increasingly challenged to operate in an increasingly competitive market, which, in turn, is likely to heighten industry risk. In particular, information risk is high. The provision of relevant, reliable, and detailed financial information would be a modest first step toward improving the banking system, focusing particularly on asset quality, liquidity management, funding terms and maturities, and risk concentrations. Such information has traditionally been unavailable to external stakeholders. The sector has a number of weaknesses: Financial disclosure is poor and there is a lack of transparency. State-owned banks, which dominate the sector, have been and are being used for public...

Companies mentioned in this report are: Socialist Republic of Vietnam

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Socialist Republic of Vietnam

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