SBV

Latest News about SBV

VN central bank to keep monetary policy on hold through 2019icon

VN central bank to keep monetary policy on hold through 2019

BUSINESS
10/07/2019

The State Bank of Vietnam (SBV) will hold its benchmark refinancing and discount rates at 6.25% and 4.25%, respectively, in addition to maintaining its 14% credit growth target for the remainder of 2019, experts forecast.

Will Vietnam loosen monetary policies?icon

Will Vietnam loosen monetary policies?

BUSINESS
08/07/2019

Some central banks have loosened monetary policy to promote economic growth.

The Dong re-appreciation: A predicted scenarioicon

The Dong re-appreciation: A predicted scenario

FEATURE
08/07/2019

In recent days, the U.S. dollar/dong exchange rate has continuously declined on both the official and the free markets after a strong rise in April and May.

Vietnam loosens bank savings rules for foreignersicon

Vietnam loosens bank savings rules for foreigners

BUSINESS
03/07/2019

The State Bank of Vietnam has issued a new circular relaxing regulations on bank deposit services for foreigners and nonresidential organizations in Vietnam, a move designed to attract idle funds from the expat community.

Vietnamese banks to seek capital in international marketsicon

Vietnamese banks to seek capital in international markets

BUSINESS
03/07/2019

Vietnamese banks are seeking to raise capital in international bond markets as they face growing pressure to hike capital to satisfy the central bank's regulations on minimum capital requirements and Basel II standards by early next year.

Foreign capital flow keeps heading for Vietnamicon

Foreign capital flow keeps heading for Vietnam

BUSINESS
26/06/2019

More and more capital has been flowing to Vietnam, having a direct impact on the dong/dollar exchange rate.

New milestone in Vietnam's bank restructuring roadmapicon

New milestone in Vietnam's bank restructuring roadmap

BUSINESS
20/06/2019

If Ocean Bank is sold to foreign investors, this will mark a new milestone in the restructuring process and pave the way for more foreign investors to come to Vietnam.

Vietnamese banks hurry to implement Basel II in 2019icon

Vietnamese banks hurry to implement Basel II in 2019

BUSINESS
18/06/2019

A bunch of Vietnamese banks are in the race to meet the requirements on capital adequacy ratio (CAR) following Basel II standards right in 2019, one year earlier than the deadline for implementation on January 1, 2020.

Vietnam central bank unveils monetary policy for second half of 2019icon

Vietnam central bank unveils monetary policy for second half of 2019

BUSINESS
14/06/2019

The State Bank of Vietnam will continue to follow a pro-active, flexible and cautious monetary policy in the second half of this year.

Vietnam's banks spend billions of VND on digitalization raceicon

Vietnam's banks spend billions of VND on digitalization race

BUSINESS
14/06/2019

Commercial banks now are pouring money into digitalization in order to satisfy clients’ requirements amid financial technology breakthroughs.

Vietnam to removes daily transaction limit for e-wallet usersicon

Vietnam to removes daily transaction limit for e-wallet users

BUSINESS
12/06/2019

Following the removal of the limit, Vietnam’s central bank said it would only maintain the monthly limit of VND100 million (US$4,284) for each individual.

Vietnam Bank Association calls for raising charter capital at four major State banksicon

Vietnam Bank Association calls for raising charter capital at four major State banks

BUSINESS
11/06/2019

The Vietnam Bank Association (VBA) has repeated its call for the Government to approve charter capital hikes at four major State-owned commercial banks, noting that the delay could adversely affect money supply for the economy.

Most Vietnamese adults to have bank accounts by 2030icon

Most Vietnamese adults to have bank accounts by 2030

BUSINESS
11/06/2019

The State Bank of Vietnam (SBV) must take action to ensure 90 percent of the Vietnamese population over the age of 15 have bank accounts by 2030.

Cross-ownership in Vietnam's banking system almost resolvedicon

Cross-ownership in Vietnam's banking system almost resolved

BUSINESS
10/06/2019

Cross-ownership in the country’s banking system had almost been eliminated, a recent report by the State Bank of Vietnam (SBV) showed.

Vietnam central bank enhances measures against loan sharksicon

Vietnam central bank enhances measures against loan sharks

BUSINESS
05/06/2019

Governor of the State Bank of Vietnam Le Minh Hung on Monday instructed agencies to rapidly research and propose new policies to enable the expansion and diversification of lending and bank services with the aim of fighting loan sharks.

Vietnam eyes Morgan Stanley Capital Int'l watchlist this year, but experts are uncertainicon

Vietnam eyes Morgan Stanley Capital Int'l watchlist this year, but experts are uncertain

BUSINESS
05/06/2019

One year after failing to enter MSCI’s watchlist for a market status upgrade, it is still uncertain if Viet Nam will make it this year despite efforts made to improve market conditions.

E-wallets boom, struggle to survive amid competitionicon

E-wallets boom, struggle to survive amid competition

BUSINESS
04/06/2019

Nearly 30 e-wallets have been licensed, but only a few of them have real users.