The State Bank of Vietnam (SBV), in collaboration with the Asian Development Bank (ADB), opened a practical training course on the Supervisory Review and Assessment Process (SREP) focused on evaluating banks’ internal governance and risk management systems. Deputy Governor Pham Quang Dung positioned the programme as a key step in SBV’s roadmap to implement SREP in line with Basel standards and to support broader innovation in inspection and supervision. The course is structured as 15 in-depth sessions combining international expert input with application to Vietnam, covering banks’ organisation, decision-making and governance arrangements, the oversight roles of boards and senior management, risk culture and risk reporting including risk data aggregation, and practical examples of common governance and risk management weaknesses and their consequences. Speakers include experts from ADB and the European Central Bank, with ADB indicating continued support for SBV’s SREP implementation roadmap, including supervision drawing on aggregated data and Basel standards.
State Bank of Vietnam 2026-01-19
State Bank of Vietnam opens ADB-supported SREP training to build Basel-aligned supervisory capacity
The State Bank of Vietnam, in partnership with the Asian Development Bank, launched a training course on the Supervisory Review and Assessment Process to enhance banks' internal governance and risk management, aligning with Basel standards. The program includes 15 sessions with international experts, focusing on governance, risk culture, and data aggregation, with ongoing support from ADB.