Attending the meeting were: Dr. Nguyen Quoc Hung - Vice Chairman and General Secretary of VNBA; Mr. Nguyen Hong Quan, Deputy General Director and Director of Risk Management Division of TPBank - Member of the Council of VNBA; Mr. Tran Phuong, Deputy General Director of BIDV - Chairman of the Policy Committee, VNBA; Mr. Tran Van Du, Deputy General Director of Agribank; Mr. Pham Dinh Tuan, Deputy Chief of Office of the Board of Directors of MBBank; Mr. Nguyen Viet Quang, Deputy Head of the Financial Institutions Department of Vietcombank and representatives of many member credit institutions.
Dr. Nguyen Quoc Hung - Vice Chairman and General Secretary of VNBA
Speaking at the meeting, Dr. Nguyen Quoc Hung said that the establishment of the Risk Management Committee is necessary in the current context. This is a specialized committee under the VNBA's Council, a place to share and promote in-depth knowledge of risk management of member organizations, supporting risk management activities among credit institutions. VNBA currently has a very effective Policy Committee and Technology Committee, which are places to support in solving specialized issues.
According to Dr. Nguyen Quoc Hung, the Association Council has agreed on the policy and issued a Resolution on the establishment of a Risk Management Committee, assigning the standing agency to implement and develop the project.
Therefore, at this meeting, VNBA listened to the opinions and experiences on risk management of banks, and will also continue to consult and get opinions from other member credit institutions and agencies.
At the meeting, representatives of the banks all agreed with the establishment of the Risk Management Committee. Representatives of MB, Agribank, VietinBank, TPBank, etc. suggested that it is necessary to establish a Preparatory Committee to promote the establishment of the Risk Management Committee with a clear orientation and operational objectives, attracting the attention and support of members, and at the same time calling on all banks to participate enthusiastically.
Mr. Tran Phuong, Deputy General Director of BIDV - Chairman of the Policy Committee, VNBA expressed his agreement with the policy of establishing the Risk Management Committee and said that the Policy Committee is ready to coordinate with the Preparatory Committee in sharing and contributing opinions on operating regulations, procedures, and related documents so that the establishment can be quick and convenient.
Panorama of the meeting
Concluding the meeting, Dr. Nguyen Quoc Hung acknowledged and highly appreciated the opinions of representatives of member credit institutions and agreed with the members to establish a Preparatory Committee to develop the project.
It is expected that the Risk Management Committee will have 1 Chairman, 3 Vice Chairmen and about 10 members representing credit institutions and foreign bank branches.
During the implementation of the project, VNBA will continue to exchange, discuss and listen to opinions and experiences on risk management of banks.
It is expected that the project will be completed in the second quarter of 2025 and a decision will be made to establish the Risk Management Committee.
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