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SBV asks commercial banks to continue support measures for pandemic-hit customers

by VTV407 June 2021 Last updated at 13:00 PM

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SBV asks commercial banks to continue support measures for pandemic-hit customers
VTV.vn - The State Bank of Vietnam (SBV) issued a document on Monday asking commercial banks to continue implementing measures aimed at removing difficulties for customers affected by the Covid-19 pandemic.

Specifically, depending on their financial capacity, banks should consider measures such as reducing lending interest rates and restructuring debt repayments. Supportive interest rates and other measures should be made public to enterprises and the people.

At the same time, banks should collaborate with local authorities and customers to learn about and promptly meet the demand for capital, so that production and supply chains are not disrupted due to failure to access bank credit. SBV also requests banks to strengthen online payment services, especially in pandemic-hit areas.

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