Credit growth reached about 13% this year as of December 27, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu told a press conference in Hanoi on tasks for the banking sector next year.
Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong has directed banks to continually reduce input costs with an aim to cut loan interest rates.
VOV.VN - This year has seen the State Bank of Vietnam (SBV) operate a flexible monetary policy aimed at controlling inflation, supporting further economic recovery, adapting to market fluctuations, and ensuring the safety of the banking system.
The amount of remittances flowing to Ho Chi Minh City has continued to increase despite complicated geopolitical changes in the world, reaching about US$6.8 billion so far, according to Nguyen Duc Lenh, Vice Director of the Ho Chi Minh branch of the State Bank of Vietnam (SBV).
The State Bank of Vietnam has raised the domestic banking system’s credit growth by 1.5-2.0 percentage points from the previous 14% limit on December 5.
Vietnam has been removed from the US's monetary manipulation monitoring list, according to the State Bank of Vietnam (SBV).
The State Bank of Vietnam (SBV) has issued a document instructing commercial banks to take all measures to support fuel traders.
The liquidity of the whole banking system has remained good, Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong has said.
VOV.VN - Local firms are facing an increasingly volatile business landscape following the recent decisions by commercial banks to raise deposit and lending rates.
VOV.VN - American economist Prof. Dr. Andreas Hauskrecht recently highlighted the State Bank of Vietnam (SBV)’s decision to contain inflation in the country.