August 25, 2021 | 21:59
The State Bank of Vietnam will reinforce monitoring of commercial banks’ execution of their obligations in relief measures based on the outcomes of rates and charge cuts – but banks are trying to optimise their efficiency by tapping into non-interest income expansion.
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.
November 02, 2020 | 09:09
The State Bank of Vietnam is drafting a circular regarding cashless payments which might allow domestic commercial banks and domestic intermediary payment companies to co-operate with foreign intermediary payment companies to provide international payment services.
October 03, 2020 | 10:19
The State Bank of Vietnam (SBV) said on October 2 that as of September 30, credit had expanded 6.09 percent as compared with the end of 2019.
August 19, 2020 | 09:40
The State Bank of Vietnam set the daily reference exchange rate at 23,204 VND per USD on August 19, down 5 VND from the previous day.
July 14, 2020 | 09:26
The State Bank of Vietnam set the daily reference exchange rate at 23,216 VND per USD on July 14, down 4 VND from the previous day.
July 08, 2020 | 12:09
Concerns are mounting about the resilience of the Vietnamese banking system amidst the COVID-19 outbreak as escalating soured debt and lower after-tax profits have put lenders in riskier positions.
May 21, 2020 | 14:00
The State Bank of Vietnam lowered its interest rates last week, joining the global easing bandwagon in a bid to cushion the economic fallout stemming from the pandemic.
October 10, 2019 | 11:00
The State Bank of Vietnam’s latest move to reduce interest rates comes after other central banks around the globe have started easing to combat spreading weaknesses, but experts are warning that such decisions may not yield the desired effects.
January 29, 2019 | 10:54
The State Bank of Vietnam (SBV) has set a target to stop cross-ownership among credit institutions (CIs) by the end of 2020.
February 10, 2018 | 23:25
The State Bank of Vietnam (SBV) made a net cash injection of VND13 trillion (US$572.9 million) into the economy in the past week to support the liquidity of commercial banks.