Moody's maintains credit ratings of nine Vietnamese banks

Credit ratings agency Moody’s has announced its long-term and short-term Counterparty Risk Assessments (CR Assessments) of nine Vietnamese banks remain unchanged.

Photo for Illustration (Photo: Thai Thien).

For long-term CR Assessments, B1(cr) has been assigned to the Vietnam Bank for Industry and Trade (Vietinbank) and the Bank for Investment for Investment and Development of Vietnam (BIDV).

Meanwhile B2(cr) has been assigned to the Asia Commercial Bank (ACB), Military Bank (MB), Saigon-Hanoi Bank (SHB), Saigon Thuong Tin Bank (Sacombank), Vietnam Prosperity Bank (VP Bank), Vietnam Technological and Commercial Bank (Techcombank) and Vietnam International Bank (VIB).

At the same time, Not-Prime (cr) short-term CR Assessments have been assigned to all nine banks.

(Source: nhandan.org.vn)