State Bank
Up to now, credit growth of the whole economic sector has been 9%
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Credit growth in the entire economic sector was 9%. The State Bank leader said that banks lend out as much as they mobilize.
Cheap loans, no worries about bad debt when growing low-emission rice
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Credit package to develop 1 million hectares of high-quality rice with low interest rates, high unsecured loan ratio, special debt handling mechanism...
Prime Minister requests to promote green credit sources
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The Prime Minister requested the Ministry of Finance to promote green finance quickly and promptly; the State Bank to promote green credit sources.
Bitcoin has not been able to break out, trading volume has decreased by more than 20%
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Bitcoin is still trading around the threshold of 27,000 USD. The biggest cryptocurrency has yet to show signs of breaking out again in the short term.
Bitcoin price decreased slightly, unable to surpass the 17,000 USD mark
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Bitcoin price on the morning of December 28 (Vietnam time) decreased slightly compared to the previous day. The world's largest cryptocurrency has yet to surpass $17,000.
Don't rely solely on bank credit to pour into the real estate market
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Credit is just a capital channel for developing the real estate market. Developing the real estate market requires mobilizing many resources from different channels, such as capital from direct investment, capital from the stock market, the corporate bond market, from the state budget, equity capital of enterprises and people, said Governor of the State Bank Nguyen Thi Hong.
The State Bank adjusts the central exchange rate range to 5%
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The State Bank of Vietnam decided to adjust the USD/VND spot exchange rate range from ±3% to ±5% (effective from October 17, 2022).
4 banks unexpectedly have their credit rooms extended by the State Bank
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Latest information: The State Bank has just adjusted credit rooms for 4 banks including VPBank, HDBank, MB and Vietcombank.
The State Bank requires strict compliance with foreign exchange management regulations
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The State Bank has just issued a document requesting banks to strictly implement regulations on foreign exchange management in the context of the VND/USD exchange rate continuously increasing. There are even many people who buy USD from banks to smuggle into the market to make a profit.
Revealing details of credit room expansion limits of 18 banks
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Sacombank, Agribank, HDBank, MB, SHB are the top 5 banks with the highest credit room extensions in September. According to VNDirect experts, a total of 18 commercial banks have been granted additional credit growth limits, accounting for about 80% of the system's credit.
Fed raises interest rates and the pressure the Vietnamese economy is facing
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The focus of global financial experts is the Fed's decision to raise interest rates. The biggest question right now: How much will the Fed raise interest rates? What impact will this have on Vietnam's economy?
Exchange rate increases sharply, USD price skyrockets as Fed is about to increase interest rates
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The focus is on the Fed meeting this week. The USD/VND exchange rate has recorded a strong increase in recent times.
Revealing targets for expanding credit rooms of banks
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Sacombank leads the list of credit room increase at 4%. Other banks such as Agribank 3.5%, MB 3.2%, SHB 3.2%, VIB 3%, Vietcombank 2.7% TPBank 1.2%.
Banks expand credit room, businesses are released
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Over the past time, the "thirst" has caused the production and business activities of many enterprises to stagnate, even go bankrupt. The adjustment of the State Bank's credit room is the most anticipated information at this time for the business community.
The State Bank may extend credit room to 16%
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Opening a credit room is a hot topic attracting the attention of the financial world. Stock analysts predict that the State Bank can extend the credit room by up to 16%.