March 25, 2022 | 19:07

Banks still struggling to implement IFRS 9

The benefits from meeting International Financial Reporting Standards 9 (IFRS 9) are clear, especially in opening the door to integration into the international capital market. Due to many obstacles and a lack of resources, however, only a few banks in Vietnam have actively implemented the standards.

Banks still struggling to implement IFRS 9
Photo: Illustration
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The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
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