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Search Results: 837 results for keyword "State Bank of Vietnam".
Reference exchange rate continues increasing
13-02-2019 16:28
The State Bank of Vietnam set the daily reference exchange rate at 22,905 VND per USD on February 12, up 10 VND from the previous day.
Central bank to ease lending rates
11-02-2019 10:43
The State Bank of Vietnam (SBV) buying net US$4 billion in January may be the way to lower Vietnamese dong lending rates.
The central bank’s new strategy to sustain credit market in 4.0 era
05-02-2019 14:00
Last August, the State Bank of Vietnam issued Decision No.986/QD-TTg on the development strategy of the Vietnamese banking sector until 2025, with vision towards 2030. The central bank’s Deputy Governor Nguyen Kim Anh filled in VIR’s Hong Dung on how the new legal document will help drive the banking sector amidst Vietnam’s further international integration and the ascension of Industry 4.0.
SBV set to rank local banks, credit institutions
31-01-2019 22:27
The State Bank of Vietnam (SBV) will rank credit institutions and foreign bank branches operating in the country in a move to ensure the safety of the banking system and protect legitimate rights of depositors.
SBV to end cross-ownership in Vietnamese banks
29-01-2019 10:54
The State Bank of Vietnam (SBV) has set a target to stop cross-ownership among credit institutions (CIs) by the end of 2020.
Credit growth quota depends on banks’ health
26-01-2019 11:39
The State Bank of Vietnam (SBV) has said it would continue allocating credit growth limits for commercial bank this year to match the 14 per cent growth target set for the entire banking sector.
Calls for FOL to be relaxed
23-01-2019 09:00
State-owned commercial banks are calling for further relaxations on their foreign ownership limit this year.
SBV saves billions by stopping cash-press at Lunar New Year
08-01-2019 15:14
The state budget will save hundreds of billions of VND thanks to the State Bank of Vietnam's (SBV) policy of not issuing fresh banknotes with the value lower than VND10,000 in the 2019 Lunar New Year.
PM asks for prevention of illegal banknote exchanges
05-01-2019 13:24
Prime Minister Nguyen Xuan Phuc has asked the State Bank of Vietnam to step up its management to ensure the reasonable use of small banknotes as Tet (Lunar New Year) holidays approach.
Central bank focuses on bad debt settlement in 2019
05-01-2019 13:15
The Government has directed the State Bank of Vietnam (SBV) to focus on the settlement of non-performing loans (NPLs) in 2019 with the aim of bringing the NPL ratio of credit institutions – excluding those sold to the Vietnam Asset Management Company (VAMC) – to below 2 per cent from the current 2.16 per cent.
Foreign currency lending extended into 2019
03-01-2019 10:40
The State Bank of Vietnam (SBV) has issued a circular to allow credit institutions and foreign bank branches to extend loans in foreign currencies to some borrowers in 2019, rather than cutting them off at the end of last year as planned.
Draft simplifies SOE stake bidding for foreigners
26-12-2018 10:03
The State Bank of Vietnam has drafted a regulation which would create favourable conditions for foreign investors to join in the process of State-owned enterprises’ (SOEs) privatisation and capital divestment.
Central bank warns of P2P lending
26-12-2018 09:19
The State Bank of Vietnam (SBV) has warned local people and firms to consider carefully and be cautious before taking part in peer-to-peer (P2P) lending as there are many potential risks related to the service.
Central bank takes steps to ensure ATM service quality before Tet
22-12-2018 08:43
The State Bank of Vietnam (SBV) has directed relevant agencies to take rapid measures to ensure automatic teller machine (ATM) service quality and safety during the months approaching the Tet (Lunar New Year) holiday, when there is high demand for cash transactions.
Black market vendors stain New Year rite
21-12-2018 09:00
Over the past few years, the State Bank of Vietnam has been setting aside great amounts of fresh bills to meet the local demand of giving banknotes to children and donating money to temples for the New Year, allowing people to exchange banknotes without a surcharge at commercial banks.
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