The State Bank Inspectorate of Region 9 has just announced the inspection conclusion for Vietnam Technological and Commercial Joint Stock Bank - Hue Branch ( Techcombank Hue).
The inspection conclusion shows that Techcombank Hue basically complies with current regulations. In credit activities, the branch has kept complete records, complied with the principles of borrowing, guaranteeing, classifying debts and setting up risk provisions according to regulations. Regarding capital mobilization, interest rates are applied transparently, not exceeding the ceiling of the State Bank, ensuring transaction procedures and customer rights.
Techcombank Hue still has many problems in credit activities and treasury management.
In foreign exchange activities, the branch publicly lists the exchange rate and sells foreign currency at the exchange rate announced by the Head Office, in accordance with regulations and subjects. Treasury security work is also strictly implemented, from counting, managing, preserving to transporting cash, valuable assets, and valuable papers, ensuring safety and compliance with regulations.
However, the inspection also pointed out some shortcomings. In credit granting activities, the appraisal work is still not strict, some points do not meet the provisions in Clause 1, Article 17 of Circular 39/2016/TT-NHNN. The inspection and supervision of the use of loan capital is still limited, not guaranteed according to Clause 2, Article 24 of the same circular (amended and supplemented by Circular 06/2023/TT-NHNN and Circular 12/2024/TT-NHNN). Notably, there is a phenomenon of transferring money back to customers, posing a risk that the loan capital is not used for the right purpose, which can lead to risks for the bank.
Regarding treasury safety, the conclusion also pointed out some shortcomings in compliance with regulations on entering and exiting the treasury, as well as the implementation of regulations related to treasury safety and cash transaction areas.
Based on the inspection results, the Chief Inspector of the State Bank of Region 9 made 5 recommendations to Techcombank and 7 general recommendations, 1 specific recommendation to Techcombank Hue, requesting the unit to implement in order to limit risks, ensure safe, effective operations and compliance with legal regulations.
Source: https://doanhnghiepvn.vn/kinh-te/thanh-tra-chi-ra-loat-ton-tai-cua-techcombank-hue/20250731121633921
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