All posts tagged "SBV"
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325Asia-PacificVietnam to Drive Bank Mergers to Enhance Competitiveness
The government has approved a project that will require banks have a capital adequacy ratio of at least 10-11 percent by 2023 and 11-12 percent by 2025.
June 22, 2022 -
559Asia-PacificVietnam Banks Heed SBV Directive, Limit Real Estate Loans
The SBV had asked banks to direct credit away from risky areas such as real estate and towards productive industries.
April 22, 2022 -
852Asia-Pacific
Vietnam Rushes to Finalise Regulatory Framework for Fintech Activities
The SBV has warned of fraud incidents involving e-wallets and asks banks to monitor the use of data by fintechs until the new regulatory framework is in place.
April 17, 2022 -
549Asia-Pacific
Controls at Vietnam Banks to Be Subject to Independent Audit
Internal control systems at credit institutions and foreign bank branches in Vietnam will be subject to independent auditing, according to a new circular.
April 13, 2022 -
283Asia-PacificVietnam Considers Allowing Organisation to Lend Overseas
Economic organisations will be allowed to provide offshore loans provided they comply with relevant laws and receive approval from the Prime Minister's office.
April 1, 2022 -
410Asia-PacificVietnam to Develop Legal Framework for Virtual Assets
Vietnam's prime minister has asked government ministries and the central bank to develop a legal and regulatory framework for virtual assets and electronic money.
March 31, 2022 -
479Asia-Pacific
Vietnam, Laos to Step Up Cooperation in Banking Supervision
The SBV and BOL will cooperate on the sharing of information, cross-border banking supervision, on-site examinations, and crisis management.
January 19, 2022 -
463Asia-Pacific
Vietnam Banks Rush to Raise Capital for Basel Requirements – Report
The SBV has approved proposals for several state-owned and private banks to increase their charter capital.
November 19, 2021 -
431Asia-Pacific
Vietnam: SBV Seeks New Law on Bad Debt Resolution
The law is needed to replace 'Resolution 42', which enabled the transparent sale of bad debts and collateral, but is due to expire next year.
October 12, 2021 -
536Asia-Pacific
Vietnam to Create Fintech Sandbox for Banking Sector
The central bank will coordinating with government departments and agencies to develop a decree to enable the sandbox.
September 21, 2021
