4 banks receiving weak bank transfers get 50% reduction in required reserve ratio

ngân hàng - Ảnh 1. — 4 banks receiving transfers of weak banks will have their required reserve ratio reduced by 50% - Photo: QUANG DINH

The Governor of the State Bank of Vietnam issued Circular No. 23 amending and supplementing a number of articles of Circular No. 30/2019 regulating compulsory reserves of credit institutions and foreign bank branches.

4 banks start to have their required reserve ratio reduced from 1-10

Notably, the case where a credit institution receives a transfer of a commercial bank under special control according to the provisions of the Law on Credit Institutions is reduced by 50% of the required reserve ratio is added.

In the case of supporting credit institutions as prescribed in Clause 39, Article 4 of the Law on Credit Institutions, the required reserve ratio shall continue to be reduced by 50% according to the recovery plan for credit institutions under special control approved by competent authorities.

The reduction in the required reserve ratio for each credit institution is calculated based on the required reserve ratio for that credit institution as prescribed in Clause 1, Article 6 of this Circular and applies to all types of deposits subject to required reserves.

This Circular takes effect from October 1, 2025.

In just the last 3 months of 2024 and early 2025, the State Bank has completed the transfer of 4 weak banks. Specifically, CB transferred to Vietcombank, Oceanbank transferred to MB, DongA Bank transferred to HDBank , GPBank transferred to VPBank.

The transfer of weak banks is expected to help these banks overcome accumulated losses and exit special control. Meanwhile, the banks receiving the transfer will enjoy many preferential mechanisms in terms of capital sources and credit room to expand the scale of assets and outstanding debts.

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Source: https://tuoitre.vn/4-ngan-hang-nhan-chuyen-giao-ngan-hang-yeu-kem-duoc-giam-50-ti-le-du-tru-bat-buoc-20250814141356621.htm