Last month, Reuters reported that Vietnam developer Sun Group had proposed a rescue plan for SCB, which entailed the full reimbursement within 15 years of nearly $26 billion the central bank has ...

[HANOI] Vietnam’s central bank is drafting a plan to restructure the troubled Saigon Joint Stock Commercial Bank (SCB), the lender at the centre of the country’s biggest financial fraud on record, ...

The report gave no details on the plan or a timeframe for its submission. The State Bank of Vietnam placed SCB under its supervision to stem a run on the bank sparked by the October 2022 arrest ...