Abstract
SCB, TNB, and FCB were merged shortly after the government, in its regular meeting in November 2011, had approved SBV’s proposal to restructure the commercial banking system. The merger is arguably not only an implimentation of the restructuring proposal, but also regarded as the first move in economic restructuring and an indication of the government’s policy determination. Although the message has been conveyed, specific merging process, especially the involvement of SBV and BIDV and the possibility of support from public funds, remains dependent on the three banks’ actual financial situation, their ownership structure, and the macroeconomic settings.Pages:
13
Type:
Case
Date Published:
Apr 11, 2012
Language:
English
Author:
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