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Wednesday, January 26, 2022
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SBV

Magnetic stripe ATM cards to remain usable after Dec 31: SBV

HCMC – Customers can continue to use magnetic stripe ATM cards for transactions at ATMs, point-of-sale (POS) and bank counters, and for internet and...

Leeway for economic recovery, development

Government agencies are discussing how to launch a sufficiently large stimulus package to help the economy recover and develop after Covid-19. In the current...

Central bank warns of high inflation risk in 2022

HCMC – Vietnam is seen keeping inflation under 4% as targeted for this year, but next year inflation risk is extremely high, said Governor...

SBV says no to more rate cuts this year

HCMC – The State Bank of Vietnam (SBV) will keep the current deposit interest rates and lending rates unchanged until the end of this...

Enterprises in need of immediate support

Few are surprised at the survey results shared by the Commission on Private Sector Development at the end of August 2021, which showed that...

Will banks have to cut lending rates?

In the context that liquidity has become abundant again and credit growth turns sour because of demand heading south in the latest pandemic resurgence,...

Credit risk provision and backup profit

As bad debt is now a looming threat in some cases, the provisioning for potential losses due to credit risks has become the focus...

SBV to impose credit limits on banks failing to cut lending rates as committed

HCMC - The State Bank of Vietnam (SBV) will encourage or restrict credit growth at banks next year, depending on whether these banks have...

Real estate credit growth slows down

HCMC - Outstanding loans for the real estate sector grew 4.84% in the first four months of this year and are expected to expand...

SBV enhances efforts to slash interest rates to support Covid-19-hit firms

HCMC – Due to the impact of Covid-19, from now until the end of the year, the State Bank of Vietnam (SBV) is considering...

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