The SBV also stated that it will strive to maintain stable deposit rates and reduce lending rates through cost-cutting, digitalisation, streamlined administrative procedures, and internal restructuring.
The State Bank of Vietnam (SBV) and relevant ministries are currently implementing a series of solutions with an aim to increase the capital absorption of the economy under the context of low credit growth.
With credit expanding quickly in the first half of this year, the State Bank of Viet Nam (SBV) said in its press conference on Monday that the credit growth target for the full year of 2021 at 12 per cent...
The State Bank of Việt Nam (SBV) has assigned a credit growth limit to each commercial bank in 2019, with priority given to those who met Basel II’s capital safety and risk management standards ahead of schedule.
The State Bank of Viet Nam (SBV) has approved the extension of credit growth limits for many commercial banks to support the country’s economic growth.
Prime Minister Nguyen Xuan Phuc has urged the State Bank of Viet Nam (SBV) to take more comprehensive and bold measures to boost credit growth and reduce interest rates.
Credit growth expanded 6.53 per cent in the first five months of the year, contributing significantly to the growth of domestic production and business.
Prime Minister Nguyen Xuan Phuc has asked the State Bank of Viet Nam (SBV) to smooth credit growth over the year and ensure loans will go to right people and businesses.
Lending by January 20, 2016 declined 0.21 per cent against the end of last year, according to a report released by State Bank of Viet Nam (SBV) yesterday.
The country''s total means of payment next year will increase roughly by
16 to 18 per cent against December, according to the State Bank of Viet
Nam (SBV).
The State Bank of Viet Nam (SBV) has predicted that
credit growth in the agriculture sector will rise 15 per cent, while in
comparison the country''s total credit growth is predicted at 12 per
cent.