NEGATIVE IMPACT LIMITATION OF CROSS OWNERSHIP TO BANKING BUSINESS IN VIETNAM

Abstract

Vietnam banking system has experienced rapid growth in both the number and scale and operational efficiency, contribute positively to the economic development. However, the growth have potential risks to the banking system when there is a strong increase in cross-ownership network between banks together. The interwoven, complex development of cross-ownership network caused much concern to the health and safety of the banking system. Based understand the status of the cross-ownership of Vietnam banking system, the author gave some suggestions to limit the negative impact of cross-ownership to the banking business.
Keywords: cross-ownership, banking business.