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Tuesday, November 29, 2022
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SBV

The situation is now different

The State Bank of Vietnam’s (SBV) recent decisions to hike key interest rates, widen the trading band of the Vietnamese dong, and actively engage...

Why a wider trading band

The State Bank of Vietnam (SBV) on October 17, 2022 widened the trading band of the Vietnamese dong currency from 3% to 5% on...

Central bank urges compliance with forex rules

HCMC - The HCMC branch of the State Bank of Vietnam (SBV) has told local banks and foreign bank branches to strictly comply with...

Singapore President starts Vietnam visit

 HCMC – Singaporean President Halimah Yacob has begun her State visit to Vietnam as the two countries are preparing to celebrate the 50th anniversary...

Central bank widens dong’s trading band amid dollar rise

HCMC – The State Bank of Vietnam (SBV), the nation’s central bank, has decided to widen the trading band of the Vietnamese dong currency...

SBV tells SCB depositors to calm down amid mass withdrawals

HCMC – The State Bank of Vietnam (SBV) advised depositors not to make premature cash withdrawals from the Saigon Commercial Bank, or SCB, over negative...

SBV drains VND57.6 trillion from market

HCMC – The State Bank of Vietnam (SBV) withdrew a net amount of VND57.6 trillion from the market to keep liquidity in the banking system scantly...

SBV urges banks to keep interest rates stable

HCMC - The State Bank of Vietnam (SBV) has told banks to maintain constant lending interest rates by cutting costs and strengthening the operating...

Disbursement of loan interest aid package for businesses to be sped up

HCMC - Many actions have been taken, including an amendment to the lending procedures and policies, to remove difficulties in loan disbursement from the...

Several banks get extra room to lend

HCMC – The State Bank of Vietnam (SBV) on September 7 raised credit growth quotas for several banks, paving the way for these lenders...

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