IMPROVING THE LAW ON CAPITAL CONTRIBUTION AND SHARE PURCHASE OF COMMERCIAL BANKS
Abstract
The paper generally assesses the law on capital contribution and share purchase of Vietnam’s commercial banks at present, pointing out the limitations of the provisions on areas of performance, requirements, limits and procedures for captical contribution and share purchase and based on that offers some solutions for improving the law on this area. The solutions mainly focus on some following issues: clarification and unification of the provisions on forms and procedures for capital contribution and share purchase, setting out requirements that commercial banks need to meet for permission of capital contribution and share purchase to enterprises which are non-credit institutions and supplementing the limits of share ownership and the right of individuals to participate in leadership.