Tags: state bank

BIS membership marks new stride in State Bank’s integration process

BIS membership marks new stride in State Bank’s integration process

The State Bank of Vietnam (SBV) was recently invited to become a member of the Bank for International Settlements (BIS), showing the BIS’s recognition of Vietnam’s socio-economic achievements as well as the SBV’s attainments in steering the monetary policy and managing the banking system.

Former State Bank deputy governor tried for irresponsibility

Former State Bank deputy governor tried for irresponsibility

The People’s Court of Ho Chi Minh City opened the first instance trial on June 25 for former deputy governor of the State Bank of Vietnam (SBV) Dang Thanh Binh on the charge of lack of responsibility causing serious consequences at the Vietnam Construction Joint Stock Commercial Bank (VNCB).

Are bank card criminals flocking to Vietnam?

Are bank card criminals flocking to Vietnam?

The State Bank (SBV) said the process of converting 70 million magnetic cards into chip cards needs to be accelerated to prevent Vietnam from becoming the favorite destination for card crimes.

Jewellers seek better loans for 2018

Jewellers seek better loans for 2018

The Saigon Jewellery Association (SJA) will continue to call on the State Bank of Vietnam to make it easier for jewellery businesses, who seek to invest in upgrading their production and trading technology, in accessing bank loans, its chairman said.

Business community’ voices help improve climate

Business community’ voices help improve climate

The Vietnam Chamber of Commerce and Industry (VCCI) reported that it had passed 1,152 petitions from the business community to relevant State agencies as of the end of November 2017, and 954 of which had received replies.

SBV demands strict compliance with credit rate regulations

SBV demands strict compliance with credit rate regulations

The latest instructions from Le Minh Hung, Governor of the State Bank of Vietnam (SBV), require credit institutions and commercial banks in Vietnam to strictly comply with the SBV’s regulations on mobilising capital in foreign currencies and not offer interest rates exceeding the ceiling levels.

HCM City remittances worth US$2.1 billion in H1

HCM City remittances worth US$2.1 billion in H1

Remittances to HCM City in the first six months of the year were worth US$2.1 billion, marginally up from the same period last year, according to the State Bank of Vietnam’s HCM City branch.

State Bank moves to aid pig farmers

State Bank moves to aid pig farmers

The State Bank of Vietnam (SBV) issued an official document asking credit institutions to support borrowers in the livestock industry, especially pig farmers in need of credit extension as market demand struggles to find equilibrium.