TITLE

Further Banking Expansion Expected

PUB. DATE
July 2010
SOURCE
Asia Monitor: South East Asia Monitor Volume 1;Jul2010, Vol. 21 Issue 7, p1
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article presents a forecast on the banking sector in Vietnam from 2010 and beyond. It projects the expansion of the banking sector in Vietnam in 2010-2011, which will be dominated by private and foreign-owned companies. It expects the deceleration of the growth of joint-stock commercial banks (JSCBs) due to the dominance of foreign firms in the country. It cites the 25-50% growth of bank profits by 2010.
ACCESSION #
51789464

 

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