Four State-owned banks to be equitised in 2007 will include the Bank for Foreign Trade of Vietnam, the Mekong Delta Housing Development Bank, the Bank for Investment and Development of Vietnam and the Industrial and Commercial Bank of Vietnam.
In a release on January 4, the Prime Minister emphasised the need to create favourable conditions for four banks to develop and play a key role in providing banking services and holding around 70 percent market shares. The PM also authorized four banks to co-ordinate with the State Bank of
The State Bank of
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