Commercial banks
MB, HDBank, and VPBank to lift foreign ownership limit
A new governmental decree covering the purchasing of shares in Vietnamese credit institutions by foreign investors has increased the ability of some commercial banks to seek more investment from overseas.
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Banks limits foreign room, waiting for strategic buyers
Commercial banks have been holding back on increasing their foreign ownership ratio, or foreign room, to wait for suitable strategic buyers in the future, according to industry leaders and insiders.
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AI application in preventing money laundering and financial crimes
On June 11, 2024, in Hanoi, the Vietnam Banks Association (VNBA) in collaboration with LUCID Groupe Pte.Ltd (LUCID) and Symphony AI Group organized a workshop themed "Application of artificial intelligence (AI) in preventing and combating financial crimes", to update and share the latest trends and technology solutions in preventing and combating money laundering, fraud and financial crimes.
