VOV.VN - The United Overseas Bank (UOB) has moved to lower its 2023 economic growth forecast for the nation from 6.6% to 6% due to a low base in the first quarter (Q1) of this year.
The central bank likely will further cut interest rates in a near future, according to deputy governor of the State Bank of Vietnam (SBV) Dao Minh Tu.
The State Bank of Vietnam (SBV) has proposed increasing the foreign ownership cap at some commercial banks from 30% to 49%.
The Singapore-based United Overseas Bank (UOB) anticipates the State Bank of Vietnam (SBV) will cut its refinance rate in the second quarter this year by 100 basis points to 5.00%.
The State Bank of Vietnam must step up efforts in the management of the country's banking sector and prepare for all possible scenarios for timely and effective interventions, according to World Bank.
VOV.VN - National banks should have more women in leadership roles as a way of promoting inclusive and high-productivity growth, according to a new study conducted by IFC in partnership with the State Bank of Vietnam.
The State Bank of Vietnam (SBV) has recently granted the first credit growth quotas in 2023 to a number of banks, with a majority of them receiving lower rates than last year.
The State Bank of Vietnam (SBV) has expected credit growth to hit 14-15% this year, leaving a possibility that it might adjust the orientation to suit the actual business situation and developments.
The State Bank of Vietnam (SBV) has never issued any documents or statements ordering credit for real estate be tightened, Deputy Governor Dao Minh Tu said on February 8.
The State Bank of Vietnam has issued new regulations on cases of purchasing, sending, and bringing foreign currencies abroad for sponsorship and assistance purposes of organizations.