central bank

Central bank forecast to expand credit growth to 16 per cent

September 03, 2022 | 13:08

The State Bank of Viet Nam (SBV) might have to extend credit growth for the whole year 2022 to 16 per cent and grant more credit quotas to commercial banks in the near future as the pressure to loosen the credit room is strong, analysts forecast.

Inflation in Indonesia, Thailand on the rise

April 05, 2022 | 15:17

Indonesia’s inflation in March 2022 reached 0.66 percent month-to-month, according to Statistics Indonesia (BPS).

Banking sector to maintain the lifeblood of the economy

February 22, 2022 | 13:16

Top bank leaders have discussed their development trajectories for the new year to successfully meet all economic goals set for 2021-2025.

How the central bank can get to grips with dipping rates and economic turbulence

July 01, 2021 | 09:00

As global central banks begin to neutralise loosened monetary policy, such as the Fed lowering rates, this is seen as positive signals as the world economy gradually recovers, minimising the risk of global economic crisis.

Banks to make provisions for COVID-19 affected loans this year

January 24, 2021 | 10:04

Banks will have to set aside money for potentially unrecoverable COVID-19 affected loans from this year, according to an amended circular drafted by the State Bank of Vietnam (SBV).

Central bank continues growth drive amid global uncertainties

January 13, 2021 | 11:00

The State Bank of Vietnam is predicted to continue maintaining a loose monetary policy with low interest rates, even as the global economy is showing positive signs.

Central bank extends credit growth limits

December 17, 2020 | 15:20

The State Bank of Vietnam (SBV) has extended the credit growth limits for the second time this year to some commercial banks, of which the highest level is up to 30 percent.

Central bank updates security for card payments

October 12, 2020 | 16:16

In the wake of new advances in science and technology that pose challenges to security and confidentiality, the State Bank of Vietnam (SBV) is drafting amendments to Circular 47/2014/TT-NHNN with new technical regulations on security and confidentiality for the card payment system.

Central bank approves ACB"s plan to raise charter capital

August 06, 2020 | 09:34

The State Bank of Vietnam has approved the Asia Commercial Bank (ACB)’s plan to raise its charter capital from 16.6 trillion VND (721 million USD) to 21.6 trillion VND (938.3 million USD).

Central bank considers changing roadmap for ratio of short-term funds for long-term loans

July 22, 2020 | 15:01

The State Bank of Vietnam was considering changing the roadmap for adjusting the ratio of short-term funds used for medium and long-term loans, with the aim that banks could lower lending costs and provide preferential rates to aid post-pandemic recovery.