The State Bank of Vietnam has announced two more bank takeovers. Photo: Tuoi Tre Contributor The State Bank of Vietnam (SBV) has required lenders VPBank and HDBank to take over the underperforming ...

The State Bank of Vietnam has completed the mandatory transfer of CB Bank, MBV, GPBank, and DongA Bank to leading commercial banks, marking a critical step in restructuring the financial sector.

Vietnam Prosperity Joint Stock Commercial Bank (VPBank) will take over GPBank, and Ho Chi Minh City Development Bank (HDBank) will take over DongA Bank, the State Bank of Vietnam said in a statement. ...

Vietnam Prosperity Joint Stock Commercial Bank (VPBank) (VPB.HM), opens new tab will take over GPBank, and Ho Chi Minh City Development Bank (HDBank) <HDB.HM> will take over DongA Bank, the State ...