Moody’s also raised the baseline credit assessment (BCA) for four Vietnamese commercial joint stock banks. — Photo thuongtruong24h.vnThe banks are Asia Commercial Joint Stock Bank (ACB), Military Commercial Joint Stock Bank (MBBank) and Viet Nam Technological and Commercial Joint Stock Bank (Techcombank). Moody’s also raised the baseline credit assessment (BCA) for these three banks from B2 to B1. At the same time, Moody’s has affirmed the long-term local- and foreign-currency deposit and issuer ratings of Viet Nam Prosperity Joint Stock Commercial Bank (VPBank) at B2 and upgraded the bank’s BCA to B2 from B3. The upgrade of VPBank’s BCA takes into account the bank’s high profitability, as well as its improved capital buffer.