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state bank of vietnam (sbv)
Update news state bank of vietnam (sbv)
VN banks requested to control loans with savings books as collateral
The State Bank of Vietnam (SBV) has asked local commercial banks to tighten control of loans that use savings books as collateral to ensure the safety of the banking system.
Vietnam's foreign currency reserves hit $68 billion in H1
The State Bank of Vietnam (SBV) has reported a foreign currency reserve amount of 68 billion USD in the first half of 2019, the highest level so far.
Credit growth expanded 7.33 percent in H1
The banking sector reported a credit growth of 7.33 percent in the first half of this year compared to the end of 2018, Governor of the State Bank of Vietnam (SBV) Le Minh Hung said.
Banks short of credit growth quota for 2019
Though there remains six months, some banks have almost used up the assigned quota for the whole year, and experts said it would be difficult for the banks to get an expansion approval from the State Bank of Vietnam.
