NA gives unprecedented approval to bank bankruptcy

22 November 2017
Vietnam Investment Review
Banking and financial services policy and regulation
approval / bankruptcy / credit Institutions / National Assembly

On November 20, National Assembly (NA) officially passed the amended Law on Credit Institutions (CI), which will be effective from January 15, 2018.

[…] A noteworthy addition, the option of bankruptcy for CIs has never before been pushed through the NA, marking a new chapter for the banking industry.

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 Sam Luong

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NA gives unprecedented approval to bank bankruptcy

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