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HCMC banks make US$6 billion loans
Tuesday,  Jan 27,2015,20:16 (GMT+7)
HCMC – Nineteen banks in HCMC will lend nearly US$6 billion to local companies, family-run businesses and individuals this year, double the target set by the city government for the year.
City banks urged to slash bad debt
Tuesday,  Jan 27,2015,20:13 (GMT+7)
HCMC – The State Bank of Vietnam has called on banks in HCMC to do all they can to bring down bad debt to below 3% and achieve credit growth of 13% this year.
Lending rates may inch up in Q3
Friday,  Jan 23,2015,19:05 (GMT+7)
HCMC – Lending rates are likely to rise in the third quarter of this year if monetary and fiscal policies are not implemented consistently, warned a member of the National Advisory Council for Financial and Monetary Policies.
Short-term inter-bank rates inch up
Friday,  Jan 23,2015,00:11 (GMT+7)
HCMC – The average interest rates for under-one-month loans on the inter-bank market picked up last week but the rate for one-month loans declined, VietnamPlus cites a central bank report.
SBV to stop printing VND5,000 banknotes
Thursday,  Jan 22,2015,19:55 (GMT+7)
HANOI – The State Bank of Vietnam (SBV) will no longer issue new VND5,000 banknotes this year as part of a plan to restrict the circulation of small denomination banknotes during the coming Lunar New Year holiday (Tet).
Central bank buys greenback
Friday,  Jan 16,2015,16:05 (GMT+7)
HCMC – The State Bank of Vietnam (SBV) has started buying the U.S. dollar in an effort to curb the appreciation of the local dong currency against the greenback.
VBMA wants bond holding cap rule amended
Friday,  Jan 16,2015,15:46 (GMT+7)
HCMC – The Vietnam Bond Market Association (VBMA) has proposed the Government and administering agencies review and amend some regulations in Circular 36 governing bond ownership caps to keep this market from plunging into troubles this year.
Banks lower borrowing rates
Friday,  Jan 16,2015,00:31 (GMT+7)
HCMC – A number of banks have cut their borrowing rates amid ample liquidity though experts said the rates are unlikely to dip further this year.
VNCB may turn 100% State-owned
Thursday,  Jan 15,2015,21:36 (GMT+7)
HCMC – Crucial issues related to Vietnam Construction Bank (VNCB) will be decided at a general meeting slated for this weekend, including the central bank’s plan to convert VNCB into a wholly State-owned bank.
State Treasury raises VND3 trillion from G-bond sales
Thursday,  Jan 15,2015,21:25 (GMT+7)
HCMC – The State Treasury mobilized VND3 trillion (US$140.7 million) from Government bonds via an auction at the Hanoi Stock Exchange (HNX) on Tuesday.
Central bank acts to curb local currency rise
Wednesday,  Jan 14,2015,00:24 (GMT+7)
HCMC – The central bank on January 12 quoted the U.S. dollar at a higher price in a move to prevent the Vietnam dong currency from appreciating as seen in the past few days.
Greenback falls after exchange rate adjustment
Friday,  Jan 9,2015,19:00 (GMT+7)
HCMC – The U.S. dollar prices at many banks on January 8 were lower than Wednesday when the central bank’s decision to devalue Vietnam dong by 1% took effect.
Central bank depreciates local currency
Thursday,  Jan 8,2015,00:25 (GMT+7)
HCMC – The central bank announced on January 6 that the inter-bank exchange rate between the U.S. dollar and Vietnam dong will be adjusted up to VND21,458 from VND21,246 today, meaning the local currency is down 1% against the greenback.
City banks offer VND40-trillion preferential loans
Friday,  Jan 2,2015,19:00 (GMT+7)
HCMC – Over 1,400 small and medium-sized enterprises (SMEs) and family-run businesses took out preferential loans worth around VND40 trillion (US$1.87 million) in the bank-business matching program in HCMC last year.
Bond sales at record high
Wednesday,  Dec 31,2014,10:21 (GMT+7)
HANOI – The Government, provinces and enterprises have raised a total of more than VND288.7 trillion (US$13.5 billion) from bond sales this year, a new record high.
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Giấy phép Báo điện tử số: 321/GP-BTTT, cấp ngày 26/10/2007
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