SBV issues plan to support residents and businesses

Specifically, SBV hopes to ensure sufficient and timely provision of credit capital for the economy, support enterprises facing difficulties due to the impact of the pandemic; and deploy credit solutions to support businesses and people.

The plan also focuses on developing non-cash payments; ensuring security and safety for electronic payment, and preventing law violations in the banking sector. Banks are also moving towards reforming their lending process to simplify procedures and enhance convenience for customers.