Complete the sentence about Vietcombank with the correct year: In ______, Vietcombank became the first bank to be officially granted the decision to apply Basel II under Circular 41 by the State Bank of Vietnam.

Answer and explanation

Correct answer: B. 2018

In 2018 Vietcombank became the first bank officially allowed to apply Basel II under Circular 41 of the State Bank. It led the market in profit.

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