Lowering interest rates to promote trade
15:35 | 25/03/2014 Finance - Banking
(VEN) - On March 17, 2014, the State Bank of Vietnam (SBV) announced reductions in the interest rate ceilings applied to deposits and short-term loans in VND. Credit institutions began to apply these reductions on March 18.
Promoting the access to credit
15:09 | 13/03/2014 Finance - Banking
(VEN) - Information from the State Bank of Vietnam (SBV) has shown that the monetary and banking markets underwent positive changes in the first two months of 2014. However, the provision of credit declined.
Connecting businesses with the banks
14:11 | 12/03/2014 Finance - Banking
(VEN) - More than VND12 trillion was already invested in the program for connecting businesses with the banks in Ho Chi Minh City in 2013. The funding is targeted to reach VND20 trillion in 2014.
Accelerating public investment
14:02 | 07/03/2014 Finance - Banking
(VEN) - The status of unmarketable capital still appeared when credit negatively grew in February compared to the same period last year. Commercial banks have made greater efforts to bring capital to the market by preferential credit packages. To overcome difficulties, accelerating public investment to spread capital in the economy is necessary.