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.
HCM City asks to tighten credit in high-end property
April 30, 2022 | 22:53
The HCM City branch of the State Bank of Viet Nam has asked credit institutions to tighten the management on credit flow into the real estate sector and the transfer of money collected from real estate transactions abroad.
State Bank proposes expanding VAMC's operation
December 09, 2020 | 12:37
The State Bank of Viet Nam (SBV) proposes expanding the Viet Nam Asset Management Company's (VAMC) operations, saying the agency should purchase and sell bad debts and assets of all sectors in the economy.
Banks ask for higher credit quota to prepare for peak lending season
September 19, 2020 | 09:34
Despite a credit slowdown in the first half of 2020, some private commercial banks have still asked the State Bank of Viet Nam (SBV) for a credit growth expansion to prepare for a peak lending season expected at the end of the year.
Central bank to adjust monetary policies to weather pandemic
August 19, 2020 | 09:27
The State Bank of Viet Nam (SBV) announced it could adjust monetary policies, including credit growth and incentives, in the remaining months of the year to cope with the COVID-19 pandemic.
More loans to enjoy restructured repayment periods
July 16, 2020 | 13:28
The State Bank of Vietnam is drafting amendments to a circular that restructures repayment periods, waives and reduces interest rates and fees and maintains debt classification to support people affected by the COVID-19 pandemic to ensure more receive the support.
Banks continue to depreciate the greenback
June 18, 2020 | 09:47
After four sessions of appreciating the US dollar against the Vietnamese dong, the State Bank of Viet Nam (SBV) adjusted the greenback down on Wednesday, while commercial banks followed the trend.
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.
Expand credit to prevent usury, central bank asks
January 13, 2020 | 09:57
The State Bank of Viet Nam has asked domestic credit institutions and foreign banks’ branches to expand credit for business, production and consumption as an effort to prevent usury.
SBV keeps preferential interest rate for social housing unchanged
January 07, 2020 | 16:44
The commercial banks’ preferential interest rates will be remain unchanged at 5 per cent for social housing this year, according to a decision of the State Bank of Viet Nam (SBV).
Central bank asked to support economic growth
January 03, 2020 | 16:49
Prime Minister Nguyen Xuan Phuc on Thursday told the State Bank of Viet Nam (SBV) to take measures to ensure macro-economic stability, inflation control and growth in 2020.
State bank to lower foreign ownership in payment intermediaries
November 30, 2019 | 11:57
The State Bank of Viet Nam (SBV) plans to lower the foreign ownership rate in the payment intermediary service sector to 49 per cent instead of leaving it unrestricted to avoid manipulation by foreign investors in the field.
SBV proposes account freezes to tackle fraud
November 18, 2019 | 15:23
The State Bank of Viet Nam (SBV) has proposed freezing the accounts of those suspected of committing the fraud.
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.
SBV tightens loans with savings books as collateral
September 18, 2019 | 14:24
The State Bank of Viet Nam (SBV) has warned local commercial banks to improve control of loans that use savings books as collateral to ensure the safety of the banking system.
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