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Thursday, January 23, 2025

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SBV

Central bank issues short-term bonds to withdraw money from market

HCMC – The State Bank of Vietnam, the central bank, has withdrawn nearly VND10,000 billion from the market through a Government bond issue, reported...

Bad debt worries

The State Bank of Vietnam (SBV) has recently sounded the alarm over the escalating volume of bad debt within the real estate sector, substantiated...

Banks sit on mountains of cash: SBV official

 The banking sector in Vietnam is currently sitting on mountains of cash as the demand for loans in the economy remains woefully low, said...

Banks sit on mountains of cash: SBV official

HCMC - The banking sector in Vietnam is currently sitting on mountains of cash as the demand for loans in the economy remains woefully...

Central bank revises Circular 06

HCMC – In rapid response to directives from the Prime Minister, the State Bank of Vietnam (SBV) has revised Circular 06/2023, which is foreseen...

Major banks lower deposit interest rates below 6%

HCMC – Several major banks have reduced their deposit interest rates to below 6% per year. This marks the fifth significant interest rate cut...

PM tells SBV to relax rules on lending to real estate projects

HCMC – Prime Minister Pham Minh Chinh has called on the State Bank of Vietnam and relevant ministries to quickly review and relax Circular...

SBV tells banks to further cut lending rates

HCMC – The State Bank of Vietnam (SBV), the country's central bank, has written to commercial banks asking them to further lower lending rates. Domestic...

Reports required for money transfers from VND500 million

HCMC - The State Bank of Vietnam has issued Circular 09/2023 requiring that information on individuals involved in an electronic transfer of VND500 million...

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