| Fitch Downgrades Vietcombank, ACB on Strong Credit Growth |
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Sep 06, 2010
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VnEconomy, VnExpress |
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Fitch Ratings has downgraded the JS Commercial Bank for Foreign Trade of Vietnam (VCB), or Vietcombank, and Asia Commercial Bank (ACB) to ‘D/E’ from ‘D’, citing risks related to strong credit growth as major reason.
Fitch said in its statement that the downgrade ref . . .
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