sbv issues another 20 trillion vnd worth of treasury bills

SBV issues another 20 trillion VND worth of treasury bills

The State Bank of Vietnam (SBV) on September 27 continued to offer 28-day treasury bills worth 20 trillion VND (833 million USD) through an auction.
agribank board member becomes new chairman of scb

Agribank board member becomes new chairman of SCB

Phan Dinh Dien, a member of Board of Directors of Agribank, has been appointed chairman of the Saigon CommercialBank (SCB) effective September 22, following a decision by the State Bank of Vietnam (SBV).
bis pledges support for vietnam in banking infrastructure development digital transformation

BIS pledges support for Vietnam in banking infrastructure development, digital transformation

The Bank for International Settlements (BIS) will continue to accompany and support the State Bank of Vietnam (SBV) in investing in payment and financial infrastructure development and promoting digital transformation, contributing to improving risk management in the local banking sector, stated BIS General Manager Agustin Carstens.
forum discusses impact of climate change

Forum discusses impact of climate change

The 2023 Vietnam Climate Forum took place in Hanoi on September 21. The event was co-organised by the State Bank of Vietnam (SBV) in partnership with the International Finance Corporation (IFC).
green credit balance figures on positive trajectory

Green credit balance figures on positive trajectory

While green credit balances at commercial banks are growing, Vietnam’s legal framework on the issue has yet to be completed, making it difficult for implementation.
three institutional investors secure 40 per cent stake in pg bank

Three institutional investors secure 40 per cent stake in PG Bank

PG Bank has seen a significant shift in its ownership as three institutional investors jointly acquired a 40 per cent stake, following the State Bank of Vietnam's approval.
central bank joins regional payment connectivity expansion

Central bank joins regional payment connectivity expansion

The State Bank of Vietnam (SBV), has officially joined the Regional Payment Connectivity (RPC) initiative.
new circular facilitates loan access central bank

New circular facilitates loan access: central bank

The State Bank of Vietnam (SBV) has said its new circular has enabled clients to better access credit loans, thus ensuring a fresh supply of capital for production and business.
state banks new circular facilitates lending to real estate projects

State bank's new circular facilitates lending to real estate projects

The State Bank of Vietnam (SBV) and the banking system always create favourable conditions to support real estate businesses and the property market to develop strongly and sustainably, said Pham Chi Quang, Director of the SBV’s Monetary Policy Department.
sbv credit policies to unlock capital for enterprises

SBV credit policies to unlock capital for enterprises

To reach the set socioeconomic development and credit growth goal for 2023, the State Bank of Vietnam (SBV) has raised some measures to manage credit activities and remove burdens for people and businesses in the second half of the year.
interest rate anchoring in us supporting vnd status

Interest rate anchoring in US supporting VND status

The US Federal Reserve’s July interest rate rise by 0.25 percentage points, resulting in policy rates reaching a 22-year high, may not be the end of the matter given the recent trend of continuously lowering interest rates.
circular stipulates new regulations on electronic money transfers

Circular stipulates new regulations on electronic money transfers

The State Bank of Vietnam has issued a circular guiding certain provisions of the Law on Money Laundering Prevention and Control.
smaller businesses continue to bemoan strict lending criteria

Smaller businesses continue to bemoan strict lending criteria

Despite falling interest rates, approximately a quarter of Vietnam’s small- and medium-sized enterprises are still grappling with capital access challenges.
pm orders measures to increase businesses credit access

PM orders measures to increase businesses’ credit access

Prime Minister Pham Minh Chinh on July 27 signed to issue a document clarifying measures to enhance businesses’ access to credit.
vietnam considers risk free bonds

Vietnam considers risk-free bonds

The Government has assigned the Ministry of Finance to study a proposal to allow the State Bank of Vietnam to guarantee payment of bank bonds, just like with bank deposits.