The first voluntary bank merger announced today We had been expecting something to happen in the banking sector in December. Today, on the fourth business day of the month, at a press conference this morning, Mr. Nguyen Van Binh, the State Bank of Vietnam (SBV)’s governor announced the first three joint-stock commercial banks to merge voluntarily, namely De Nhat (Ficombank), Vietnam Tin Nghia and Saigon Commercial Bank (SCB) due to recent liquidity problem caused by the excess use of short-term