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KM Financial Solutions | REFILE-UPDATE 1-Vietnam to limit new foreign bank licenses to encourage local acquisitions
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REFILE-UPDATE 1-Vietnam to limit new foreign bank licenses to encourage local acquisitions

08 Aug REFILE-UPDATE 1-Vietnam to limit new foreign bank licenses to encourage local acquisitions

Posted at 10:09h in News by
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Vietnam said on Thursday it will
limit or possibly stop issuing new licenses for foreign banks to
set up in the country as it looks to encourage takeovers of
weaker local lenders and strengthen the financial system.

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