More loans to enjoy restructured repayment periods

More loans to enjoy restructured repayment periods

The State Bank of Vietnam is drafting amendments to a circular that restructures repayment periods, waives and reduces interest rates and fees and maintains debt classification to support people affected by the COVID-19 pandemic to ensure more receive the
Banks to provide support to customers affected by coronavirus

Banks to provide support to customers affected by coronavirus

The State Bank of Vietnam has asked credit institutions to prepare capital sources to meet borrowing demand and provide support to customers who have been affected by the coronavirus epidemic
SBV proposes account freezes to tackle fraud

SBV proposes account freezes to tackle fraud

The State Bank of Vietnam (SBV) has proposed freezing the accounts of those suspected of committing frauds.
Central bank urges ATM withdrawal limits at night

Central bank urges ATM withdrawal limits at night

The State Bank of Vietnam (SBV) has asked credit institutions and banks to impose limit on cash withdrawal at their automatic teller machines (ATMs) at night, in a bid to protect themselves and their clients.
Experts: Trimmed interest rates might affect NIMs

Experts: Trimmed interest rates might affect NIMs

Commercial banks which have cut interest rates for short-term lending following the State Bank of Vietnam (SBV)’s cue might suffer a further decline in the net interest margin (NIM), experts said.
Central bank looks to up foreign reserves

Central bank looks to up foreign reserves

The State Bank of Vietnam’s transaction centre this week raised the reference buying rate for the US dollar by VND50 to VND22,725, revealing its intention to expand foreign reserves.
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