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News updates related to nhnn
State Bank wants to remove monopoly on gold bars
The State Bank of Vietnam (SBV) is proposing to remove the monopoly on gold bar production, export and import of raw gold to produce gold bars, according to the draft amendment to Decree 24/2012/ND-CP.
Market
US inflation drops sharply, USD plummets, pressure on VND decreases
The USD on the world market suddenly plummeted, reaching its lowest level in the past month after the US announced a rapid decrease in inflation. A weaker USD will help reduce pressure on many currencies in the world, including VND.
Need to strengthen internal audit and supervision of people's credit fund activities
(Baonghean.vn) - That was the direction of the Standing Vice Chairman of the Provincial People's Committee Le Hong Vinh at the 2020 People's Credit Fund symposium organized by the State Bank of Vietnam, Nghe An branch on the afternoon of January 6 in Vinh city.
People will be able to get 'hot loans' from banks with low interest rates
(Baonghean.vn) - That is the opinion of Deputy Governor of the State Bank of Vietnam Dao Minh Tu when discussing solutions to prevent black credit.
Reducing ATM withdrawals from 11pm to 5am: Banks also complain about difficulties
The request to reduce the withdrawal limit from 11pm to 5am is also causing headaches for banks because of the expected increase in costs due to the adjustment of ATM system management and time. However, the biggest headache for banks is how much should the withdrawal limit be reduced to retain customers?
Prosecution of former Deputy Governor of the State Bank of Vietnam Dang Thanh Binh
The Supreme People's Procuracy has issued an indictment to prosecute Mr. Dang Thanh Binh (63 years old), former Deputy Governor of the State Bank of Vietnam (SBV), for the crime of lack of responsibility causing serious consequences.
Appointment of senior personnel at the State Bank
The Governor of the State Bank has just appointed two leadership positions at the Department of Banking System Safety Supervision, Banking Inspection and Supervision Agency.
Nghe An has 100 credit institutions in operation.
DNUM_BJZBBZCABH 07:32
(Baonghean.vn) - Nghe An is considered a locality with a strong financial banking service system in the country.
Nghe An: Loans for offshore seafood exploitation increase sharply
DNUM_CEZAJZCABH 06:15
(Baonghean.vn) - In the first 9 months of the year, outstanding loans for offshore seafood exploitation in Nghe An have grown strongly. Up to now, this loan program is estimated to reach 615 billion VND, an increase of 60% compared to the beginning of the year.
District 1 Saigon requests State Bank to complete documents to set up police checkpoint
DNUM_CDZAJZCABH 19:20
The People's Committee of Nguyen Thai Binh Ward, District 1, Ho Chi Minh City has just sent an official dispatch to the State Bank and relevant agencies, requesting that within 30 days, the construction and installation documents for police posts be completed.
Expand the object of importing money printing machines
DNUM_ABZAJZCABH 15:39
Enterprises not affiliated with the State Bank can also import goods to print and mint money according to the agency's new proposal.
Prime Minister asks State Bank to explain 6 issues
DNUM_BIZAHZCABH 15:46
Through the Working Group, Prime Minister Nguyen Xuan Phuc requested the State Bank to explain and provide solutions for 6 issues such as: Credit should not be allowed to "flow" to a few big tycoons; there should be solutions to mobilize USD resources from the people...
Reduced lending interest rate ceiling from July 10
DNUM_AIZAHZCABH 11:06
RELATED NEWSSetting interest rate for social housing loans at 4.8%/yearLoan interest rates are gradually decreasingIncreasing lending resources for policy beneficiaries in Nghe AnInterest-free loans of 100 million VND for youth startup ideasNghe An: Nearly 58,000 billion VND for loans for agricultural and rural development
The economy is about to have an additional 300,000 billion VND?
DNUM_CDZAGZCABH 14:26
Immediately after the National Assembly passed the Resolution on bad debt settlement, banks (creditors) were all excited and said that within the next 2 years, 50% of bad debt, equivalent to about 300,000 billion VND, will be settled and put back into the economy.
Can customers bargain on loan interest rates?
DNUM_CEZACZCABH 15:16
According to Circular 39/2016/TT-NHNN, from March 15, 2017, lending interest rates will be applied according to the agreement mechanism. This means that borrowers have the right to "bargain" with banks when borrowing money. However, there are still many concerns about this issue.
Nghe An: Striving to increase capital and outstanding debt by about 15-20%
DNUM_BAZABZCABH 12:14
(Baonghean.vn) - On the morning of January 10 in Vinh City, the State Bank of Vietnam, Nghe An Province Branch, held a conference to deploy banking tasks in 2017.
Converting bad debt into equity, a bold proposal from banks
DNUM_BCZBAZCABG 15:55
This is a bold move by the State Bank of Vietnam (SBV) as the agency is seeking opinions to complete the draft guidelines on capital contribution and share purchase of credit institutions (CIs).
Be careful when taking out consumer loans at the end of the year
DNUM_ACZBAZCABG 15:24
According to data released by the State Bank of Vietnam (SBV) last weekend, credit growth as of September 20 only reached 10.46% compared to the end of 2015. Since there are only 3 months left until the end of the year, many banks have accelerated to reach the target of 18-20% credit growth. Of which,
Promoting the role of heads of agencies and units in the State Bank Party Committee
DNUM_CAZAEZCABG 15:56
(Baonghean.vn) -
Tightening foreign currency loans, export businesses face difficulties
DNUM_AGZAEZCABG 19:56
Prohibition of borrowing foreign currency to sell for VND
State Bank adjusts USD buying price by 90 VND
DNUM_BFZBCZCABF 16:43
This morning (December 15), the State Bank of Vietnam suddenly adjusted the USD buying price by 90 VND after many days of keeping it stable at 21,800 VND.
Bad debt solution
DNUM_AFZBBZCABF 12:37
(Baonghean) - Recently, the decision of the State Bank of Vietnam (SBV) to buy back 3 Joint Stock Commercial Banks (JSC) Construction Bank (VNCB), Global Petroleum Bank (GP Bank) and Ocean Bank (Ocean Bank) at the price of 0 VND has attracted the attention of managers, operators, experts and public opinion. This is a sign that the time has come to find a solution to the problem of "bad debt" in banks. The reporter had an interview with Dr. Truong Van Phuoc, Vice Chairman of the National Financial Supervisory Commission to learn about the specific solution.
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