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Search Results: 837 results for keyword "State Bank of Vietnam".
OMO and T-bill rate cuts to stimulate manufacturing
20-08-2024 15:07
The State Bank of Vietnam has simultaneously reduced two key interest rates in the context of decreasing exchange rate pressures in Vietnam, as well as the need to support ongoing business activities.
Policies could pump in more credit in H2
15-08-2024 10:35
Economic growth outlook for the last six months of the year and the influence of international geo-political developments prompt Vietnam to continue maintaining its monetary policy in a flexible manner to reduce lending rates for businesses.
Assessment of non-performing loans so far in 2024
15-08-2024 09:51
The non-performing loan (NPL) ratio reached nearly 5 per cent at the end of May. Le Hoai An, a banking consultant and trainer at Integrated Financial Solutions, talked with VIR’s Hong Dung the assessment of NPLs in the first half of 2024.
Reference exchange rate down 3 VND on August 2
02-08-2024 10:15
The State Bank of Vietnam set the daily reference exchange rate at 24,242 VND/USD on August 2, down 3 VND from the previous day.
Hanoi's credit growth surges in first seven months
30-07-2024 16:45
Promising credit growth in Hanoi over the first seven months is expected to continue in the second half of the year as access to loans for individuals and businesses improving.
Interest rate hike may not be suitable answer
15-07-2024 15:00
Raising interest rates amid low credit growth will negatively impact the economy and are not the optimal solution for stabilising the current high exchange rate, economists have said.
Understanding bank profit trends and cost structures
09-07-2024 11:25
Credit growth has been sluggish in the first six months compared to the State Bank of Vietnam’s target, and there was a strong correlation between credit growth and bank profitability.
Impacts of delayed interest rate ease
03-07-2024 21:00
There is a potential delay in interest rate cuts until November due to strong economic indicators, while Asia’s bond markets, particularly in credit and environmental sectors, are poised for robust performance and growth this year.
Banks remain wary of low credit growth
24-06-2024 19:00
Overall weak credit demand in the market, with consumption growth still sluggish, is causing banks that do not meet their credit growth targets to have quotas proactively transferred by the State Bank of Vietnam (SBV) to banks with better capabilities.
Policy on rescheduling debt repayment period extended
24-06-2024 15:02
The State Bank of Vietnam (SBV) has decided to allow commercial banks to reschedule the debt repayment period and maintain the debt group for certain sectors for an additional six months, to support struggling businesses.
Loan interest rates move slower than deposit rates
24-06-2024 10:56
Amid concerns that the strong push for higher deposit rates by banks will lead to an increase in interest rates, Tran Ngoc Bau, CEO of WiGroup Data and Financial Technology JSC, spoke with VIR’s Nhue Man about expectations for the market.
The most innovative strategies for e-wallet survival
17-06-2024 15:00
Upon hearing that Grab is shutting down Moca, I felt compelled to share my thoughts as someone who has been involved in the e-wallet sector since the State Bank of Vietnam’s pilot programme in 2008.
Businesses wary of rising deposit rates
17-06-2024 11:00
Although deposit interest rates are increasing, lending rates will remain at current levels as regulatory bodies and commercial banks strive to support businesses in accessing capital.
Regulations on bad debt trading, settlement revised
10-06-2024 15:59
The State Bank of Vietnam (SBV) has issued Circular 03/2024/TT-NHNN on bad debt trading and settlement of the Vietnam Asset Management Company (VAMC) to make the work more effective.
SBV predicts SJC-branded gold bullion price to keep declining
05-06-2024 15:07
The narrowing of the gap between domestic and global gold prices may further pull down the selling price of SJC-branded gold bullion of state-owned commercial banks and Saigon Jewelry Company (SJC) in the near future, Dao Xuan Tuan, Director General of the State Bank of Vietnam (SBV)'s Foreign Exchange Management Department, has said.
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