Tags: central bank

Central bank urges ATM withdrawal limits at night

Central bank urges ATM withdrawal limits at night

The State Bank of Vietnam (SBV) has asked credit institutions and banks to impose limit on cash withdrawal at their automatic teller machines (ATMs) at night, in a bid to protect themselves and their clients.

Central bank requests control on foreign currency loans

Central bank requests control on foreign currency loans

Governor of the State Bank of Vietnam (SBV) Le Minh Hung has recently directed the entire banking industry to strictly control foreign currency lending to better minimise dollar speculation and fight against dollarisation in the economy.

Exporters worry as end of foreign loans nears

Exporters worry as end of foreign loans nears

Exporters will no longer be allowed to borrow bank loans in foreign currencies beginning next year, if the State Bank of Vietnam (SBV) does not extend a circular regulating the loans.

Central bank policies expand foreign reserves

Central bank policies expand foreign reserves

Adoption of appropriate policies by the State Bank of Vietnam (SBV) has helped it buy a large amount of US dollar to increase the nation’s foreign reserves, industry insiders said.

APEC 2017 Finance and Central Bank Deputies’ Meeting kicks off

APEC 2017 Finance and Central Bank Deputies’ Meeting kicks off

The latest updates on the implementation of the Cebu Action Plan (CAP) and activities of the APEC economic committee as well as financial cooperation progress will be the highlight of the APEC 2017 Finance and Central Bank Deputies’ Meeting opened in Quang Nam on October 20.

Central bank mulls term deposits for foreigners

Central bank mulls term deposits for foreigners

The State Bank of Vietnam (SBV) is collecting feedback on a draft circular that will, among other things, allow non-residents legally present in Vietnam to make term deposits in both VND and foreign currencies.

ATM services must run 24/7: Bank

ATM services must run 24/7: Bank

Following recent complaints that several banks in Vietnam have stopped providing ATM services at night, the State Bank of Vietnam (SBV) has ordered all banks nationwide to provide ATM services 24/7.

First APEC Senior Officials Meeting opens in Nha Trang

First APEC Senior Officials Meeting opens in Nha Trang

The first APEC Senior Officials Meeting (SOM1) kicked off in Nha Trang city, south central Khanh Hoa province, on March 2, with the attendance of delegates from 21 member economies of the Asia-Pacific Economic Cooperation (APEC) Forum.