All posts tagged "SBV"
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995Asia-PacificVietnam Working to Allow Cooperation With Foreign Firms in Payments
Currently, Vietnam has no regulations for international payments to be made via foreign intermediary payment operators or e-wallets.
November 21, 2020 -
2.0KAsia-Pacific
Radical Steps Needed from Vietnam Banking Sector
Vietnam’s banking sector must take radical steps to adopt international capital rules, reporting requirements and trading practices, says Francois Denimal at FIS.
June 9, 2020 -
514Asia-PacificVietnam Banks Offered Incentives to Aid Businesses
About 11% of total outstanding loans in the banking system are estimated to not be paid as scheduled due to the coronavirus pandemic.
April 6, 2020 -
394Asia-Pacific
SBV Directs Banks to Support Borrowers, Cuts Interest Rates
The central bank has directed banks to restructure repayment periods, cut interest rates, waive fees and maintain debt classifications to support borrowers.
March 19, 2020 -
470Asia-Pacific
Vietnam Scraps Proposed Foreign Ownership Cap for Payments Firms
The SBV says the 49% foreign ownership limit proposed last November would hamper foreign investment in payments and fintech, and present difficulties for existing players.
February 15, 2020 -
723Asia-PacificVietnam to Bolster Capital at State-owned Banks
Vietcombank and Vietinbank will each receive government funds to bolster their capital. Agribank will be allowed to retain its earnings rather than contribute to the state budget.
February 4, 2020 -
421International
Vietnam Central Bank, Two Others Invited to Join BIS Membership
The central banks of Vietnam, Kuwait and Morocco have been invited to become BIS members, the first expansion of its member base since 2011.
January 14, 2020 -
636Asia-Pacific
Vietnam Central Bank Sets Out 2020 Policy Tasks
The key policy tasks for the year include reducing banking sector NPLs to below 2% and promoting the use of non-cash payments.
January 10, 2020 -
1.3KAsia-PacificASEAN Regulators Are Shoring Up Climate Safeguards: WWF
In a new report, WWF Singapore says ASEAN financial regulators and banking associations are increasing their expectations on banks to assess and mitigate climate and environmental risk.
December 10, 2019 -
555Asia-Pacific
Capital Deficit May Force Vietnam Majors to Halt Lending: SBV
Vietcombank, BIDV, Vietinbank and Agribank are close to minimum capital adequacy requirements and may be forced to stop lending if they are not allowed to increase capital.
December 6, 2019
