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Search Results: 837 results for keyword "State Bank of Vietnam".
Banks ensure fuel firms have access to more credit
17-03-2022 21:43
The State Bank of Vietnam (SBV) has issued Document No 1509, asking commercial banks to raise credit limits for a number of fuel firms, particularly those who import extra fuel at the request of the Ministry of Industry and Trade (MoIT).
SBV to establish new State Foreign Exchange Reserve Management Department
14-03-2022 17:07
The State Bank of Vietnam (SBV) intends to establish the State Foreign Exchange Reserve Management Department due to the rise in foreign currency reserves.
Home Credit awarded certificate of merit by SBV
16-02-2022 10:36
The Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong has just signed a decision to award a certificate of merit to Home Credit Vietnam for its contributions and positive social activities in the prevention of the pandemic in the past two years.
Sixteen banks cut over VND21.2 trillion for pandemic-hit customers
11-02-2022 09:42
Sixteen commercial banks cut over VND21.24 trillion (US$936 million) of loan interest for COVID-19-hit customers from July 15 to December 31, 2021, surpassing their commitment by 5.13 per cent, the State Bank of Vietnam (SBV) reported on Wednesday.
Engaging extensively to support credit institutions
10-02-2022 11:38
Global inflationary pressure is attributed to the synergies of large-scale economic stimulus packages and an urgent concern that Vietnam must address given the country’s high level of economic openness. Standing Deputy Governor of the State Bank of Vietnam, Dao Minh Tu, spoke with VIR’s Hong Dung about the banking sector’s efforts to foster economic development and the measures that have been put in place to help the country prosper.
Central bank to keep watch on bancassurance activities
26-01-2022 17:13
Bancassurance activities will have to strictly comply with the provisions of the Law on Insurance Business, according to the State Bank of Vietnam (SBV).
SBV combats illegal gambling and betting activities through e-wallets
23-01-2022 09:35
The State Bank of Vietnam (SBV) is intensifying investigations to fight against illegal gamblings via e-wallets, following recent media reports covering allegations related to MoMo's e-wallet.
No banks involved in Thu Thiem land auctions
17-01-2022 20:25
No banks had been offering loan packages for businesses associated with Thu Thiem land auction, as a careful examination of the State Bank of Vietnam (SBV) showed.
Crucial legislative developments in the bond market
13-01-2022 12:48
The State Bank of Vietnam (SBV) has previously issued regulations on prudential ratios and limits over banking activities while recently the ability of businesses to pay loans and interest has been severely affected by the current pandemic. As a result of these twinned developments, commercial banks have become more and more cautious in granting credit.
Banks are upbeat about profit prospects in 2022
07-01-2022 20:35
The State Bank of Vietnam's (SBV) fresh survey shows that most credit institutions are optimistic about the business situation in the forthcoming quarter.
Remittances to Vietnam roughly reached $12.6 billion in 2021
05-01-2022 11:46
The State Bank of Vietnam (SBV) roughly estimated that remittances inflow to Vietnam reached $12.5 billion in 2021.
SBV sets credit growth target to 14 per cent in 2022
28-12-2021 17:43
The State Bank of Vietnam (SBV) would increase its credit growth objective to around 14 per cent and will be more flexible in its operational orientation in 2022.
Suitable economic recovery hinges on monetary policy
07-12-2021 09:00
The State Bank of Vietnam anticipates significant risk inflationary pressure in 2022 while considering reigning in the expansionary monetary policies of the past years – however, strong credit growth due to stronger demand is predicted with the economy’s reopening.
SBV could delay roadmap of using maximum short-term capital for medium- and long-term loans
26-11-2021 11:58
The State Bank of Vietnam (SBV) could delay the roadmap of setting a maximum rate of short-term capital to provide medium- and long-term loans outlined in Circular No.22/2019/TT-NHNN dated November 15, 2019.
Hard limit for credit institutions buying corporate bonds
21-11-2021 05:44
Credit institutions with a bad debt ratio of more than 3 per cent are forbidden to buy corporate bonds, according to the latest announcement from the State Bank of Vietnam.
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