Wednesday, December 19, 2018 - 8:59:27

SBV

Court reduces penalty on former central bank deputy governor

Society

Court reduces penalty on former central bank deputy governor

The high-level court in Ho Chi Minh City on December 10 reduced sentences for former Deputy Governor of the State Bank of Vietnam (SBV) Dang Thanh Binh and two other defendants involved in the losses of over 15 trillion VND (645.8 million USD) at the Vietnam Construction Bank (VNCB).

Appeal trial held on former SBV Deputy Governor

Society

Appeal trial held on former SBV Deputy Governor

The high-level court in HCM City on December 5 opened an appeal trial on the case of former Deputy Governor of the State Bank of Vietnam Dang Thanh Binh in connection with the economic losses of over 15 trillion VND at the Vietnam Construction Bank.

Property firms look to stocks for capital

Business

Property firms look to stocks for capital

With banks tightening credit to the property sector, developers should look at the stock market for capital, experts told a workshop on “Potential and opportunities for investment in property stocks on November 30.

Forex lending to continue next year

Business

Forex lending to continue next year

The State Bank of Vietnam (SBV) is drafting a new circular on foreign currency lending, allowing credit institutions and foreign bank branches to extend loans to some borrowers in 2019 instead of cutting them off at the end of this year as planned.

Banking apps the way forward

Business

Banking apps the way forward

Banking apps on cell phones are helping people in rural areas manage their finances, said Pham Xuan Hoe, deputy director general of the Banking Strategy Institute at the State Bank of Vietnam (SBV) at the launching ceremony of the i3 programme held in Hanoi on November 14.

SBV urges customer information security

Sci-Tech

SBV urges customer information security

The State Bank of Vietnam (SBV) has issued a decree asking businesses to enhance customer information privacy after an alleged breach of mobile retail chain The Gioi Di Dong (Mobile World) revealed personal information of more than five million customers.

Banks race to issue bonds for capital hike

Business

Banks race to issue bonds for capital hike

Many banks have issued a large amount of bonds to raise capital in a move to meet high demand during year-end’s peak lending season and prepare to meet the State Bank of Vietnam (SBV)’s regulations on tightening the use of short-term funds for long-term loans from early next year.

SBV Governor: non-cash payment booming

Business

SBV Governor: non-cash payment booming

The number of transactions using new modes of payment has seen strong surges this year, Governor of the State Bank of Vietnam Le Minh Hung reported to the National Assembly during the Question-and-Answer session on November 1.