Banking sector looks to promote non-cash payment

Hanoi (VNA) – Promoting non-cash payment,
digital banking, and green banking is the direction of the banking sector in
the 2020-2025 tenure, State Bank Governor Le Minh Hung told a meeting in Hanoi on August 17.
Besides restructuring
credit institutions, banks should increase investment in renewable energy,
clean energy and less carbon consumption and production industries, he
suggested.
Particularly, to
support businesses affected by the COVID-19 pandemic, the sector needs to
synchronise monetary, credit, interest rate, and payment tools and solutions to
soon recover the economy, the official suggested.
He noted that in the
2015-2020 period, the banking sector has adjusted monetary policies to curb
inflation at a low level, while stabilising the macro economy and monetary
market.
The sector also had
the policy against the dollarisation in the local economy by converting foreign
currency and gold into cash in service of socio-economic development, he
added./.