Banks required to make reports to SBV
The State Bank of Vietnam issued a dispatch on March 10 to require all credit institutions to report on their capital mobilisation and gold lending.
It has also issued a directive on the implementation of monetary solutions and banking activities with a view to controlling inflation, stabilising macro economy and ensuring social security.
The bank's governor has asked credit institutions to mobilise and lend gold in accordance with Circular No 22/2010/TT-NHNN dated October 29, 2010./.
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