credit institutions

SBV interest rate cuts to allay economic difficulties

May 14, 2020 | 09:23

Interest rate cuts by the State Bank of Vietnam (SBV) and cost savings among credit institutions will pave the way for sustainable lending rate reductions, thus easing difficulties faced by businesses.

Banks provide assistance to businesses affected by epidemic outbreak

February 10, 2020 | 09:16

In response to the State Bank of Viet Nam’s appeal, a number of credit institutions have announced plans to support businesses affected by the coronavirus epidemic.

New special control regulations for credit institutions to take effect next month

September 27, 2019 | 09:41

The State Bank of Viet Nam (SBV)’s Governor or the directors of SBV’s municipal and provincial branches will be able to lace credit institutions under the SBV’s special control, starting from next month.

CIC launches portal for borrowers

June 12, 2019 | 14:44

Through the portal, borrowers can easily choose credit packages and register loan needs at the appropriate credit institutions, saving travel costs and time when using banking services.

Banks forecast further improvements

April 11, 2019 | 10:00

A majority of credit institutions in the country said their business performance in the first quarter of 2019 was better than the same period last year, according to the State Bank of Vietnam's March survey released late last week.

SBV set to rank local banks, credit institutions

January 31, 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.

Long-delayed Khanh Hoa housing project investigated

October 05, 2018 | 08:54

The State Bank of Viet Nam’s branch in Khanh Hoa has asked credit institutions in the province to report on outstanding loans, payments and guarantees for real estate developer Hoang Quan relating to its stagnant social housing project HQC.

Credit institutions’ future bright

July 09, 2018 | 12:59

A majority of credit institutions in the country expect an upward trend in their business in the remaining months of the year, after making improvements in the first half of 2018, according to a survey released last week by the State Bank of Vietnam.

Gold price fluctuates in two auctions

April 04, 2013 | 16:40

When the State Bank notified that it would hold the second gold bullion bidding on Apr 4, SJC gold price increased again.

Banks stop offering gold loans

April 03, 2013 | 14:42

Credit institutions are no longer allowed to give loans to customers who want to purchase gold in any form, including primary gold, bullion and jewellery, according to the State Bank of Viet Nam (SBV).

Stronger hand set to control NPLs

January 29, 2013 | 10:28

The State Bank last week released a new circular stipulating stricter requirements on the classification of non-performing loans.

SBV takes aim at macro stability

January 03, 2013 | 10:43

With 2013 knocking on the door, in an interview with VIR, State Bank Governor Nguyen Van Binh expressed the State Bank of Vietnam’s (SBV) determination to ensure macroeconomy stability in the coming year.

A guiding hand to direct banks

November 27, 2012 | 10:30

Controlling inflation and restructuring the banking system are big challenges for the State Bank in 2012. VIR’s Trinh Trang talks with State Bank Governor Nguyen Van Binh on the outcome of the central bank’s efforts in 2012 and the road ahead for 2013.

Running to tackle NPLs head on

November 19, 2012 | 11:20

The State Bank’s measures to deal with non-performing loans have shown initial positive results, State Bank Governor Nguyen Van Binh told the National Assembly last week.