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Keyword: "foreign bank branches"

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A farm is damaged by Typhoon Yagi. (Photo: VietnamPlus)

𝄹 Credit institutions asked to join storm recovery efforts

The Governor of State Bank of Vietnam (SBV) on September 26 issued Directive No.04/CT-NHNN requesting its credit institutions, foreign bank branches, and banking associations to promptly implement solutions to support people and businesses affected by Typhoon Yagi.
Forex lending to continue next year

Forex lending to continue next year

The State Bank of Vietnam (SBV) is drafting a new circular on foreign currency lending, allowing credit institutions and foreign bank branches to extend loans to some borrowers in 2019 instead of cutting them off at the end of this year as planned.
State bank works to keep bad debt below 3 pct

State bank works to keep bad debt below 3 pct

The State Bank of Vietnam (SBV) has requested that credit institutions and foreign bank branches intensify their credit quality and bad debt management and submit their bad debt handling plans.
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