Từ khóa: #SBV

After the State Bank of Vietnam (SBV) reduced the benchmark interest rate by an additional 0.5 percent, effective from May 25, many commercial banks have started lowering their lending rates.

On May 11, the State Bank of Vietnam (SBV) and the People's Committee of Ho Chi Minh City jointly organized a conference to discuss monetary and credit solutions to support and promote the economy of the Southeast region.

The State Bank of Vietnam (SBV) has been drastically implementing measures, particularly those to reduce loan interest rates.

The corporate bond market experienced a prolonged period of stagnation, but in the first few months of 2023, it has seen a resurgence with numerous successful issuances.

As of April 24, foreign banks and credit organizations have officially initiated a restructuring of loan repayment terms while retaining the current debt group to assist customers.

On the afternoon of April 22, Prime Minister Pham Minh Chinh met with representatives from the State Bank of Vietnam (SBV), the Ministry of Finance, and the Ministry of Justice to discuss and advance the release of two crucial circulars.

The "Restructuring the System of Credit Institutions Associated with Handling Bad Debts between 2021 and 2025" project states that the banking industry must address weak banks by 2025.

During a seminar on "Opening Capital Flow into Production and Business" hosted by Tuoi Tre Newspaper on March 30, the Standing Deputy Governor of the State Bank of Vietnam (SBV), Dao Minh Tu, emphasized SBV's message to lower interest rates.

One week after the State Bank of Vietnam (SBV) reduced the benchmark interest rates, the deposit interest rates in the market continued the downward trend.

Commercial banks have agreed to lower deposit interest rates by about 0.5 percent starting from March 6, while State-owned banks will only reduce their rates by 0.2 percent because they are already at the lowest level in the market.

Many experts said that interest rates in Vietnam are currently too high, so it is necessary to reduce them to support people and enterprises to recover and develop production and business activities.

After SGGP newspaper published a series of articles titled "High interest rates weaken the economy", economists and the business community contributed their opinions on this issue.

The State Bank of Vietnam (SBV) announced on February 23 that it had issued Official Letter No. 953/NHNN-TD, which outlines the continuation of the bank-business connection program.

High lending interest rates will challenge the target of controlling inflation as well as production and business activities.

Prime Minister Pham Minh Chinh expressed his hope that the baking sector will be more proactive, creative and responsive to policies in 2023 at a meeting on January 27 or the sixth day of the Lunar New Year.

The State Bank of Vietnam (SBV), on December 27, held a press conference on the implementation of tasks of the banking sector in 2023 in Hanoi.

The State Bank of Vietnam (SBV), on December 15, announced the US dollar buying price at VND23,450 per dollar after not listing the buying price for about three months. It shows that the SBV has started to buy foreign currencies for intervention and inject the Vietnamese dong into the market because foreign currency liquidity has become less tense.

The State Bank of Vietnam (SBV), on December 13, in Can Tho City, coordinated with the People's Committee of Can Tho City to organize a conference on "Credit solutions to promote the purchase, consumption, and export of key agricultural products in the Mekong Delta".

The US dollar selling prices at commercial banks in the morning fell below VND24,000 per dollar although the reference exchange rate of the State Bank of Vietnam increased for a second consecutive session.

According to the latest updated data from the State Bank of Vietnam about customers' deposits in the credit institution system, after decreasing for two consecutive months, deposits have increased again, gaining more than VND106 trillion in September.