Lastest news
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Standard & Poor’s Ratings Services (S&P) has upgraded its long-term rating of the Bank for Foreign Trade of Vietnam (Vietcombank) to stable from negative.
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The central bank’s bank inspection and supervision agency will issue credit ratings for local credit institutions and foreign bank branches in a bid to ensure transparency in banking sector operations.
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Five to eight more banks will be involved in merger in 2012 as part of the process of restructuring credit institutions, said Governor of the State Bank of Vietnam (SBV) Nguyen Van Binh.
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VietnamCredit Information and Rating Company (VietnamCredit) operated as the first rating agency in Vietnam. We have worked with corporate credit profile since 1996. Our products and service support businesses to achieve their business targets and make their decisions better and faster. Read more
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