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Central bank asks lenders to lower lending rates by 1.5-2%
The State Bank of Vietnam has asked banks to lower lending rates for both new loans and outstanding loans by 1% to 2% annually.
SBV Tin tức
Policy solutions needed to help businesses access capital: State bank governor
SBV has suggested sectors and localities take more measures to remove difficulties facing small- and medium-sized enterprises (SMEs), stressing that policy solutions are needed to help businesses access capital.
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26/06/2023 - 15:00HSBC expects meaningful economic rebound in Viet Nam from Q4
The HSBC expects a meaningful economic rebound in Viet Nam from the fourth quarter of this year, warranting further monetary support.
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20/06/2023 - 11:10Property market to get a huge amount of investment
The Vietnam Association of Realtors (VARs) expects billions of VND in savings from SBV rate reduction to enter the property market.
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16/06/2023 - 12:52Vietnam's Central Bank cuts policy rate for fourth time
The move, effective from Monday (June.19), is the State Bank of Vietnam's fourth round of rate cuts since early 2023 to take an expansionary stance to support economic growth.
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29/05/2023 - 16:54Firms hesitate to access loans due to weak consumption demand
The SBV last week cut its policy rates for the third time this year to prop up economic growth. The bank cut its refinance rates from 5.5 to 5.0 per cent.
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24/04/2023 - 15:51Vietnam central bank says will restructure loans for struggling ...
Vietnam's central bank said it will restructure loans for some businesses facing difficulties, including delaying loan repayments by up to 12 months, as it seeks to shore up a slowing economy.
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29/03/2023 - 15:30Banks follow SBV lead by cooling deposit interest rates
The State Bank of Vietnam in mid March cut several policy interest rates for the first time in two years, and many domestic banks have followed suit.
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27/03/2023 - 16:48Central bank on verge of further easing monetary policy: expert
The State Bank of Vietnam (SBV) may continue to ease monetary policy with inflation well under control, said Nguyen Xuan Thanh, a lecturer at the Fulbright School of Public Policy and Management.
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17/03/2023 - 15:30Vietnam’s central bank to take strong action against “backyard” ...
The State Bank of Vietnam (SBV) plans to strongly reduce the maximum loan-to-equity ratio for a single customer or group of customers related to banks.
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13/03/2023 - 14:40VN’s foreign exchange reserves reach US$92.43 billion
The State Bank of Vietnam (SBV) last month bought about US$0.65 billion, bringing Viet Nam's foreign exchange reserves to $92.43 billion, according to the BSC Securities Company (BSC).
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03/03/2023 - 14:30Vietnam's Central Bank Allocates Credit Limits to Commercial Banks for ...
The State Bank of Vietnam (SBV) has announced the allocation of credit limits to commercial banks for 2023, based on several basic criteria, including the latest bank rating results.
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20/02/2023 - 10:48Credit growth projected to reach 14-15% in 2023
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.
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29/12/2022 - 16:53Central bank buys dollars to increase reserves after a selloff
SBV said that taking steps to enhance foreign exchange reserves by acquiring extra dollars after being forced to sell a substantial amount of dollars earlier this year to support its dong currency.
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13/12/2022 - 16:20Central bank raises credit growth cap, pumps $17bn into economy
The State Bank of Vietnam has revised up the credit growth target for the domestic banking system by 1.5-2 percentage points.
