Commercial banks expect SBV support to disburse capital, says expert

Commercial banks expect SBV support to disburse capital, says expert

The State Bank of Viet Nam (SBV) should develop policies for commercial banks, helping them disburse capital mobilised from organisations and people, said economic expert Nguyen Minh Phong.
SBV abolishes daily transaction limit for e-wallet

SBV abolishes daily transaction limit for e-wallet

The State Bank of Viet Nam (SBV) will abolish the daily transaction limit of VND20 million (US$854) for personal e-wallets but keep the monthly limit of VND100 million per month, according to Director of SBV’s Payment Department Pham Tien Dung.
Central bank buys $8.35 billion to build foreign reserves

Central bank buys $8.35 billion to build foreign reserves

The State Bank of Viet Nam (SBV) bought US$8.35 billion from credit institutions between the beginning of this year and April 17 to build up the nation’s foreign reserve.