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Thursday, November 21, 2024

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SBV asks banks to lower lending rates

Your browser does not support the video tag. The State Bank of Vietnam (SBV), the nation’s central bank, has asked commercial banks to continue cost-cutting...

SBV further lowers gold bar price

HCMC – The State Bank of Vietnam (SBV) on June 4 sold gold bars to four authorized banks and Saigon Jewelry Company (SJC) at...

SJC buys gold from SBV for retail

HCMC – Alongside the four state-run commercial banks authorized to sell gold to the public, Saigon Jewelry Company Limited (SJC) is now entitled to...

SBV asks banks to lower lending rates

HCMC - The State Bank of Vietnam (SBV), the nation’s central bank, has asked commercial banks to continue cost-cutting measures, simplify lending procedures, and...

Local gold prices nosedive

HCMC - SJC gold bar prices dropped by a staggering VND2.9 million per tael this morning, May 30, following the central bank’s decision to...

Two conflicting goals

If the gold market is transparent, supply would fall. Meanwhile, to stabilize the volatile gold market, more supply is needed. Therefore, if the priority...

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