VietNamNetMarch 13, 2009 15:52Updated May 30, 2010 12:47
(Editor's note: this story was provided by our editorial partner VietNamNet)
VietNamNet Bridge – Commercial banks, luckily enough, could raise their chartered capital before the deadline. However, a new problem has arisen that they do not know what to do with the additional capital.
When planning to raise chartered capital, banks said that they would use the capital to improve material facilities, expand the networks and expand credit. However, the economic difficulties have put pressure on banks in their plan on using the additional capital.