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Search Results: 837 results for keyword "State Bank of Vietnam".
Rate reductions deemed well-timed
31-05-2023 09:26
The latest initiative from Vietnam’s central bank to introduce a round of interest rate reductions within a condensed timeframe is regarded as a favourable stride aimed at invigorating economic expansion.
How bad debts influence lending rates
30-05-2023 18:38
Last week the State Bank of Vietnam continued reducing diverse regulatory interest rates in a bid to help remove impediments for borrowers, as well as support credit institution efforts to drive down input costs, and from there be able to reduce lending rates.
State Bank of Vietnam implements third round of interest rate cuts to boost economy
24-05-2023 16:29
The State Bank of Vietnam (SBV) has just announced a series of interest rate reductions. This marks the third time it has decided to lower operating interest rates since the beginning of 2023, with the new changes taking effect from May 25.
Further interest rate cuts hoped to fuel money flows into real estate
24-05-2023 16:15
The State Bank of Vietnam (SBV) is set to further reduce regulatory interest rates on May 25, the third cut in a row since mid-March, expected to give a boost to the stagnant real estate market.
Remittances to HCM City likely to hits 7 billion USD in 2023
23-05-2023 15:29
Remittances to Ho Chi Minh City are expected to reach 7 billion USD in 2023, an annual increase of about 6-7 per cent.
Deutsche Bank AG Ho Chi Minh City branch increases granted capital
19-05-2023 14:08
Deutsche Bank AG - Ho Chi Minh City branch's granted capital has been increased to $200.08 million and updated as per State Bank of Vietnam (SBV) Decision No.401/QD-HCM dated May 12, 2023.
Shinhan Bank Vietnam takes centre stage with prestigious digital transformation award
19-05-2023 12:06
In a dazzling display of its commitment to digital innovation, Shinhan Bank Vietnam has been honoured with a prestigious certificate of merit at the 2023 Digital Transformation Event held in Hanoi by the State Bank of Vietnam. This recognition serves as a testament to the bank's remarkable achievements in spearheading the digital revolution within the banking sector.
Direction clearer in weak bank overhaul
16-05-2023 10:04
Decisive action taken by Vietnam’s central bank on restructuring failing banks signifies a considerable stride towards revamping and fostering a sound financial landscape.
Charter capital of banks to increase sharply in 2023
15-05-2023 11:03
Many banks plan to increase their charter capital in 2023 in order to ensure operational safety and have more resources for business development.
Bank lending interest rates will be cut at appropriate time: SBV chief
15-05-2023 09:00
Reducing interest rates, maintaining interest subsidies, hiking credit limits, and providing unsecured loans to manufacturing businesses are among the demands made by businesses in the south-eastern region to the State Bank of Vietnam (SBV).
Bank deposit interest rates keep falling
09-05-2023 15:22
Banks have been steadily cutting deposit interest rates, which have reached around 8%, a move aimed at reducing lending rates to support businesses.
Central bank issues policies to support businesses
08-05-2023 16:13
The State Bank of Vietnam (SBV) has recently issued two circulars to support businesses and the real estate market in particular.
KBank in Ho Chi Minh City increases capital to over $285 million
06-05-2023 12:30
The KBank branch in Ho Chi Minh City has announced that it has received approval from the State Bank of Vietnam (SBV) to increase its capital by more than 2.5 times, from $80 million to $285 million.
Lenders to benefit in SBV debt reposition
04-05-2023 09:17
The State Bank of Vietnam’s fresh set of policies are anticipated to ameliorate the financial strain faced by both creditors and debtors, as well as establish a robust legal framework for debt restructuring to be allocated over a two-year period.
Confusion compounded by consumer finance apps
04-05-2023 08:00
Consumer finance companies in Vietnam are facing significant challenges due to negative aggressive debt collection practices and unlicensed debt trading applications.
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