Tag: State Bank of Vietnam
Vietnam not listed as currency manipulator in US Treasury’s latest report
VOV.VN - The US Department of the Treasury has continued not to name Vietnam as a currency manipulator in its latest semi-annual report on the macro-economic and foreign exchange policies of major trading partners of the US, the State Bank of Vietnam (SBV) reported on November 8.
Banking system’s bad debt ratio surges to 3.56%
The bad debt ratio of the banking system skyrocketed from 2% at the beginning of this year to 3.56%, or more than VND440 trillion, at the end of July 2023, according to the latest data from the State Bank of Vietnam (SBV).
Women’s participation in banking for new challenges resolution accelerated
Standard Chartered Vietnam and the State Bank of Vietnam (SBV) have jointly organised a conference themed “Accelerating women in banking for new challenges resolution” in Hanoi.
Central bank forecast to continue bill issuance amid abundant liquidity
The State Bank of Vietnam (SBV) will continue to issue new bills to withdraw cash from the banking system as liquidity is abundant and interbank interest rates remain low, analysts forecast.
Nine-month overseas remittances to HCM City up 40% on-year
VOV.VN - Ho Chi Minh City made US$6.687 billion in overseas remittances during the first nine months of the year, an annual rise of 40% and 1.3% more than all of 2022, according to the local branch of the State Bank of Vietnam (SBV).
Central bank continues T-bill issuance to stabilise exchange rate
The State Bank of Vietnam (SBV) on October 9 continued to offer 28-day treasury bills (T-bills) through the interest rate auction mechanism.
Credit growth to display positive signs ahead in remaining months
VOV.VN - Credit growth is anticipated to enjoy positive growth during the last months of the year, thereby helping to ease difficulties faced by businesses, whilst propelling economic development forward.
Big data essential to ensure continuous operations of banking industry
Data security is an important issue in ensuring continuous operations, and is considered a vital factor for banks. The Smart Banking Summit 2023 was organised by the Vietnam Banks Association (VNBA) in collaboration with IEC Group, under the professional sponsorship of the State Bank of Vietnam (SBV), in Hanoi on October 6.
State Bank of Vietnam issues US$409.9 million worth of T-bills
The State Bank of Vietnam on October 3 offered 28-day treasury bills (T-bills) worth VND10 trillion (US$409.9 million) through the interest rate auction mechanism.
SBV issues another VND20 trillion worth of treasury bills
The State Bank of Vietnam (SBV) on September 27 continued to offer 28-day treasury bills worth VND20 trillion (US$833 million) through an auction.
