Viet­nam cuts re­serve ra­tios for some banks

The Pak Banker - - Company& -

HANOI: Viet­nam's cen­tral bank said on Thurs­day it was cut­ting the re­serve ra­tios of four banks that have a large ra­tio of loans in agri­cul­ture.

The coun­try's top lender Agribank, Viet­nam In­ter­na­tional Bank (VIB), Kien Long Bank and Mekong Hous­ing Bank would have re­serve ra­tios that are one-fifth of the level ap­plied to other banks. It did not spec­ify the ra­tios. -PB News

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