SBV issues $854 mln worth of T-bills
The T-bills offered via auction as part of measures to stabilize the USD/VND exchange rate which kepts increasing since early October.
Topic: the State Bank of Vietnam (SBV)
SBV offers T-bills totaling $612mln
Issuance expected to stabilize USD exchange rate.
SBV to maintain regulatory interest rate for 1H
Average deposit and lending rates down 0.15% and 0.25%, respectively, this year as of January 31.
SBV sets annual credit growth limit of 15%
Credit to be directed towards production and business operations.
SBV continues to supervise credit for risky areas
Credit institutions invested $8.54 billion in corporate bonds in 7M, down 15%.
SBV seeks measures to improve business access to credit
Credit growth in 8M at a low 5.56%.
BIS: Vietnam’s economy to soon return to growth track
General Manager of Bank for International Settlements paying a visit to Vietnam.
Credit in economy reaches $525bln in 9M
HCMC leads the country in credit volume.
Disbursement of HCMC credit package at nearly 83%
Preferential credit package for local businesses totals $18.9bln.
Total outstanding loans up nearly 9%
Credit targeting production and trade sectors that contribute to GDP growth.