sbv

Solving the challenge of capital for businesses

09:24 | 30/03/2023 Import-Export

VCN- Regarding this issue, Pham Van Viet, Vice Chairman of HCM City Textile and Garment Embroidery Association, stated that businesses needed loans at the beginning of the year to operate.

Credit growth projected to reach 14-15% in 2023

15:40 | 17/02/2023 Finance

The State Bank of Vietnam (SBV) has expected credit growth to hit 14-15% this year, leaving a possibility that it might adjust the orientation to suit the actual business situation and developments.

SBV works to mitigate potential risks for non-banking credit institutions

14:42 | 13/02/2023 Finance

The State Bank of Vietnam (SBV) is collecting comments on its draft circular to minimise potential risks for non-banking credit institutions and ensure they work in accordance with international standards.

Keeping the exchange rate stable to control inflation and lower interest rates

09:44 | 13/02/2023 Finance

VCN - In an interview with Customs News, Dr. Nguyen Duc Do, Deputy Director of the Institute of Economics and Finance, Academy of Finance, said that with the gradual reduction of inflation pressure, the world USD index in a downward trend will help the do

State Bank requires strict control of credit risk

14:19 | 05/01/2023 Customs

VCN - According to preliminary statistics, about 20 credit institutions and foreign bank branches (CIs) have publicly announced credit programs and products with preferential interest rates.

Exchange rate is no longer a concern

09:17 | 02/01/2023 Import-Export

VCN - According to the report on the socio-economic situation in 11 months of 2022 by the General Statistics Office, the USD index in November 2022 increased by 8.71% over the same period in 2021; average in 11 months of 2022 increased by 1.83% compared t

Unlocking capital channels for enterprises

15:51 | 30/12/2022 Import-Export

VCN - Speaking at the seminar "Remove difficulties in capital for enterprises" recently held by Nguoi Lao Dong, Mr Truong Tien Dung, Standing Vice Chairman of Ho Chi Minh City Food Association, said that enterprises' access to capital is not easy at thi

Savings interest rates increase rapidly, deposit-credit gap has not improved

08:31 | 23/10/2022 Finance

VCN - Notably, before this increase in deposit interest rates, several commercial banks had sharply increased deposit rates many times in the previous months.

SBV collaborates with authorities to protect investors

18:55 | 09/10/2022 Finance

Since Saturday, investors’ confidence has been harmed by the incidents related to specific personal and corporate violations Vạn Thịnh Phát Group, which has a close connection with SCB on the HOSE.

SBV adjusts credit growth targets for banks

17:00 | 08/09/2022 Finance

The adjustment of credit growth targets is made on the basis of the request of credit institutions assessing their operational requirements

The hard liquidity, increasing credit, interest rates are under upward pressure

12:53 | 23/05/2022 Import-Export

VCN - Deposit interest rates in Vietnam are under increasing pressure in the last months of the year, but the interest rate compensation package can help reduce the lending interest rate.

SBV to regulate fintech banking

20:21 | 09/04/2022 Finance

The State Bank of Vietnam (SBV) has been developing a sandbox for fintech banking and gathering feedback on a draft regulating the sector.

How to get 2% interest rate support from the state budget?

09:24 | 02/03/2022 Finance

VCN - Accordingly, the most concerning issue is the object of interest rate support of 2%/year for the two years of 2022-2023 through the system of commercial banks.

SBV urges lenders to not relax credit approval conditions

20:01 | 12/02/2022 Finance

The State Bank of Vietnam (SBV) has urged lenders to not relax credit approval conditions but set tighter control on foreign currency lending and granting loans in high-risk sectors.

SBV focuses on improving credit quality

15:21 | 19/01/2022 Finance

Governor of the State Bank of Vietnam (SBV) Nguyễn Thị Hồng has issued Directive No.01/CT-NHNN on organising the implementation of the key tasks of the banking sector, with a focus on improving credit quality and tightly controlling loans to potentially risky industries.