ANTD.VN - The mandatory transfer of GPBank and DongABank is expected to be completed before Lunar New Year.
According to the State Bank's Standing Deputy Governor Dao Minh Tu, the State Bank has submitted to the Government the transfer of two weak banks, including one bank acquired for 0 VND, Global Petroleum Bank (GPBank), and a bank under special control, DongA Bank (DongABank). The State Bank expects this to be completed before the Lunar New Year.
It is not yet clear which bank the two banks will merge with, but previously, VPBank and HDBank have repeatedly announced their plans to take over weak banks.
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Deputy Governor of the State Bank Dao Minh Tu informs about banking activities |
At the 2023 General Meeting of Shareholders, VPBank's leaders said that VPBank is one of four banks participating in restructuring weak banks.
At HDBank, the policy of participating in restructuring a weak bank was approved by the bank's General Meeting of Shareholders.
Most recently, at the 2024 General Meeting of Shareholders, responding to this issue, Ms. Nguyen Thi Phuong Thao, Vice Chairwoman of the Bank's Board of Directors, said: "About 6-7 years ago, when HDBank received a request from the State Bank, we made arrangements and were ready to participate seriously. This is the honor and responsibility of HDBank."
Previously, Construction Bank (CBBank) and Ocean Bank (OceanBank) also completed mandatory transfers to Vietcombank and MB on October 17.
In addition to the above 4 banks, at the end of October 2022, Saigon Bank (SCB) was also put under special control by the State Bank.
According to Deputy Governor Dao Minh Tu, SCB is a fairly large bank. The State Bank is applying measures to maintain stable operations, ensure the safety of customer deposits, and continue to handle existing problems, weaknesses and violations in accordance with the law. The State Bank is developing an active restructuring plan to submit to competent authorities for approval as soon as possible.
Previously, at the Conference on implementing banking tasks in 2025 held on December 14, Governor Nguyen Thi Hong said that the State Bank has made important progress in handling weak banks.
In 2024, two of the four weak banks were compulsorily transferred. The remaining two banks are being submitted to the competent authority for early approval. "With a very urgent spirit, it is hoped that in 2024, all four banks will be compulsorily transferred. This marks a very difficult, unprecedented process, requiring close coordination between ministries, agencies, departments and sectors," said Governor Nguyen Thi Hong.
Source: https://www.anninhthudo.vn/du-kien-chuyen-giao-bat-buoc-gpbank-va-dongabank-truoc-tet-nguyen-dan-post600599.antd
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