FINANCIAL BANKING GROUP MODEL IN SOME COUNTRIES IN THE WORLD - RECOMMENDATIONS FOR BUILDING AND COMPLETING THE LEGAL FRAMEWORK IN VIETNAM
Main Article Content
Abstract
In order to affirm the competitive position and the development of the banking system in the integration period and respond to the changes of the world economy, the establishment of joint-stock commercial banks into financial and banking groups (investment and business activities on all three financial, securities and insurance markets) will create sustainable development for both the banking system and the economy. However, the development of the joint-stock commercial banking system into financial groups with banking as the mainstay requires a clear legal framework as a foundation to promote the operational efficiency of commercial banks. while also ensuring the safety of the banking system. On the basis of analyzing the role of financial and banking groups, studying the status of commercial banks through secondary documents, referencing models of financial and banking groups of some countries in the world. and recommend building a legal framework on the banking and financial group model for commercial banks in Vietnam.
Article Details
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.