News for: SBV

Credit growth soars in June

07/05/2024 09:10

Credit growth has accelerating since the beginning of June, signaling that the 15% growth target is achievable, if the rate is maintained in the remaining months of this year.

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Central bank works on protecting banking service users

07/05/2024 06:13

The State Bank of Vietnam (SBV) will research and amend regulations on safety and security in online banking service provision to better protect customers, an SBV official said on July 4.

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Banks ready to restructure debts for economic recovery

07/03/2024 19:48

VTV.vn - The State Bank of Vietnam (SBV) has agreed to defer its circular on debt rescheduling and retention of debt categories until the end of this year to support enterprise production and business recovery.

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State commercial banks to directly sell gold to people: deputy governor

05/30/2024 06:00

The State Bank of Vietnam (SBV) will directly sell gold to state-owned commercial banks starting June 3 and the banks will sell gold to the public, Deputy Governor Pham Quang Dung said in a recent meeting with the media.

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SBV takes more actions to stabilise foreign exchange rates

04/24/2024 20:43

VTV.vn - The State Bank of Vietnam (SBV) on April 23 took some moves like issuing treasury bills (T-bills), further employing T-bills as an open market operation (OMO), and stipulating liquidity and interest rates in the inter-bank market in the face of surging USD/VND exchange rates.

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SBV issues another 20 trillion VND worth of treasury bills

09/28/2023 06:33

VTV.vn - The State Bank of Vietnam (SBV) on September 27 continued to offer 28-day treasury bills worth 20 trillion VND (833 million USD) through an auction.

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SBV to keep close watch on Fed moves: Governor

09/23/2022 12:37

VTV.vn - The State Bank of Vietnam (SBV) will persist in monetary policy management solutions towards macroeconomic stability, but closely follow all developments to manage the situation in an appropriate manner.

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Property credit grows by over 12% in five months: SBV

07/16/2022 08:00

Property credit increased by 12.31% in the first five months, a higher growth rate than that of the same period in previous years, the State Bank of Vietnam (SBV) has said.

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

06/07/2021 13:00

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.

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Removing e-wallet daily transaction limit

06/12/2019 09:44

VTV.vn - The State Bank of Vietnam (SBV) plans to lift the daily transaction limit of VND20 million for e-wallet users. Vietnam’s central bank said it would only maintain the monthly limit of VND100 million (US$4300) for each individual.

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SBV keeps adjusting central exchange rate

01/26/2019 09:38

VTV.vn - In 2018, the exchange rate between the Vietnamese Dong and the US Dollar rose during the first days of the year.

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SBV considers reducing lending interest rates

10/13/2017 06:00

VTV.vn - The State Bank of Vietnam (SBV) is considering lowering the lending interest rates for short term loans to 9% per year, and for medium and long term loans to 9.3 to 11% per year, in order to facilitate growth.

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Experts doubts SBV credit growth target

09/14/2017 15:58

VTV.vn - The State Bank of Vietnam has just raised credit growth targets for banks to 20-22% this year.

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SBV focuses on bank cross-ownership

09/05/2017 07:50

VTV.vn - Cross-ownership in Vietnamese banks will be controlled with stringent new regulations.

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Prime Minister pushes SBV to achieve robust growth target

07/19/2017 09:17

VTV.vn - Prime Minister Nguyen Xuan Phuc has urged the State Bank of Viet Nam (SBV) to take more comprehensive and bold measures to boost credit growth and reduce interest rates.

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Successful year for banking sector

01/04/2017 14:01

VTV.vn - 2017 will be a challenging year for the State Bank of Vietnam (SBV).

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SBV seeks safer online transactions

09/09/2016 15:28

VTV.vn - State Bank of Vietnam (SBV) Deputy Governor Nguyen Kim Anh on September 8 called for drastic steps to make online payments more secure.

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WB chiefs work with SBV

11/11/2015 11:53

VTV.vn - The State Bank of Vietnam had a working session with the a delegation of World Bank country executive directors on November 9th to discuss preferential loans for Vietnam in the coming period.

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Central bank to keep forex rates stable

09/21/2015 07:00

VTV.vn - Any possible interest rate hike this year by the U.S. Federal Reserve will not prompt Vietnam's central bank to alter its foreign exchange rate policy, the State Bank of Vietnam (SBV) said on Sunday.

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The Vietnam Dong gains 1%

08/19/2015 16:32

VTV.vn - The State Bank of Vietnam recently raised the value of the Dong by 1%, and loosened its exchange band from +/-2% to +/-3% as of today.

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