Central banks attempt to address sluggish growth

Central banks attempt to address sluggish growth

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.
SBV to end cross-ownership in Vietnamese banks

SBV to end cross-ownership in Vietnamese banks

The State Bank of Vietnam (SBV) has set a target to stop cross-ownership among credit institutions (CIs) by the end of 2020.
Central bank injects nearly US$573 mln to support liquidity

Central bank injects nearly US$573 mln to support liquidity

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.
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