Vietnam eyes 2015 Basel II introduction; fears over parallels with Nigeria
Vietnam is looking at a theoretical date of 2015 for Basel II, however, planned hikes in capital requirements are a cause for concern for some bankers.
Vietnam is eyeing the introduction of Basel II bank capital rules in the country in 2015, according to officials working with the country's central bank, the State Bank of Vietnam (SBV). The central bank has given no public indication of its intentions but participants close to the SBV said 2015 is the date it is using informally as an indicator to domestic participants. SBV itself declined to comment.
However, Louis Taylor, general director of Standard Chartered in Vietnam said this timetable
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