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Search Results: 837 results for keyword "State Bank of Vietnam".
LienVietPostBank to increase to $523 million of charter capital
25-06-2021 12:19
The State Bank of Vietnam (SBV) has approved LienVietPostBank (HNX: LPB) to increase its charter capital to VND12.036 trillion ($523 million).
OCB to increase charter capital and potentially lift FOL
14-06-2021 12:01
The State Bank of Vietnam (SBV) has approved Orient Commercial Bank (OCB) to increase its charter capital to nearly VND2.74 trillion ($119.13 million) by issuing nearly 274 million shares, with a dividend rate of 25 per cent.
Lenders take up pandemic vaccine contribution cause
07-06-2021 10:00
With Vietnam’s fresh COVID-19 vaccine fund launched, credit institutions are drawing on their expertise, implementing zero-free programmes and extending roadmaps for debt rescheduling to ramp up their assistance for a mass vaccine drive.
Free transfer policy applied to Vietnam’s official COVID-19 Vaccine Fund
03-06-2021 09:55
On June 1, 2021, the Governor of the State Bank of Vietnam (SBV) issued Official Letter No.3895 on adopting a feeless transfer policy to support Vietnam’s COVID-19 Vaccine Fund.
Credit institutions asked to tighten loans in “overheating” sectors: SBV
13-05-2021 20:57
The State Bank of Vietnam (SBV) has requested local credit institutions and foreign banks’ restrict lending concentration for real estate and construction, Build-Operate-Transfer (BOT) and the consumption sector.
The dollarisation and cash economy puzzle
07-05-2021 09:00
The more than 5-year-old Decision No.2589/QD-NHNN from the State Bank of Vietnam (SBV) lowered annual interest rates to zero, applicable for deposits in USD of institutions and individuals.
Four new payment intermediaries licensed in Vietnam since 2021
04-05-2021 09:42
From the beginning of the year, the State Bank of Vietnam (SBV) has issued new licences to four non-bank payment intermediaries, showing the increasing demand by local firms to join the fintech rush.
New general director takes the lead of Shinhan Finance
28-04-2021 15:00
South Korean-backed Shinhan Finance has recently announced the appointment of Oh Taejoon as its general director, effective from April 6, 2021 and is subject to the approval of the State Bank of Vietnam No. 2118/NHNN-TTGSNH, issued on March 31, 2021 and its mother company Shinhan Card.
Charting course of land price frenzy
20-04-2021 13:00
The State Bank of Vietnam is closely monitoring the real estate market to avoid any breakdowns as a large-scale land fever has gripped the country in recent months. Dr. Phan Minh Ngoc, senior credit research analyst at Bondcritic Ltd. in Singapore, writes about the ramifications of the situation.
Annual bank credit report of 2020 and predictions for 2021
08-04-2021 08:00
The State Bank of Vietnam (SBV) strictly monitors the progression of the macroeconomic models, monetary systems, and COVID-19 situation both nationally and internationally in order to appropriately assess bank credit with reference to the national action plan.
Ratings agencies bullish on credit growth prospects
30-03-2021 10:45
Although the State Bank of Vietnam has set stringent limits on credit growth at commercial lenders in a bid to control risky lending activities, commercial lenders are now looking forward to a potential future easing of the credit growth limit.
Slight rate moves projected for year
24-03-2021 18:43
Since the outbreak of the pandemic, the State Bank of Vietnam (SBV) has slashed rates three times, in March, May, and October to aid the economy. The refinancing and rediscounting rate are now at a new record low of 4.0 per cent and 2.5 per cent, respectively, while interbank rates and bond yields have experienced a downward trend since June.
Mobile money services step into limelight for unbanked
17-03-2021 10:00
Vietnamese telecom behemoths are gearing up to offer seamless mobile money services to tap into the lucrative contactless payment industry in Vietnam, with major focus on non-banked and underbanked mobile subscribers in remote areas.
World Bank supports Vietnam to spur energy efficiency investments
09-03-2021 10:27
The World Bank has signed a grant with the State Bank of Vietnam to support the development of a commercial financing market for industrial energy efficiency investments.
IFC and State Bank of Vietnam partner to promote women’s leadership in banking sector
06-03-2021 14:32
In a bid to increase the number of females in leadership positions at banks, World Bank Group member IFC and the State Bank of Vietnam (SBV) are partnering to promote innovative and impactful initiatives for sustainable and inclusive economic growth.
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