The State Bank of Vietnam reported that Deputy Governor Nguyen Ngoc Canh chaired a 16 December meeting of the International Bank for Economic Cooperation (IBEC) Council to review the bank’s recent performance and agree near-term priorities, including updating IBEC’s founding documents and approving its 2026 operating budget. Member countries highlighted IBEC’s actions to navigate adverse global conditions and the severe challenges of 2022–2023, noting an “A” rating with a stable outlook from ACRA and the maintenance of a national-scale “AAA” rating from Chengxin (China). The Council also endorsed the bank’s information technology development direction and approved certain customer credit decisions, while Vietnam’s delegation reaffirmed its support for IBEC as a founding member.
State Bank of Vietnam 2025-12-17
State Bank of Vietnam chairs IBEC Council meeting approving updates to the bank’s founding documents and 2026 budget
Deputy Governor Nguyen Ngoc Canh chaired an IBEC Council meeting to review performance and set priorities, including updating founding documents and approving the 2026 budget. Member countries praised IBEC's resilience amid global challenges, noting its stable "A" rating from ACRA and "AAA" rating from Chengxin. The Council endorsed IT development and approved customer credit decisions, with Vietnam reaffirming its support as a founding member.