Capital demand remains high after Lunar New Year holiday Business

Capital demand remains high after Lunar New Year holiday

The State Bank of Vietnam (SBV) has to continually inject money to support the liquidity of the banking system as the capital demand and interest rates on the interbank market have remained high though the Tet (Lunar New Year) holiday has ended.
Banks’ liquidity abundant ahead of Tet Business

Banks’ liquidity abundant ahead of Tet

Though Tet (Lunar New Year) is approaching with rising capital demands, the liquidity of the banking system is abundant, helping interest rates in the inter-bank market drop sharply, industry insiders said.
Central bank unveils monetary policy for second half of 2019 Business

Central bank unveils monetary policy for second half of 2019

The State Bank of Vietnam (SBV) will continue to follow a pro-active, flexible and cautious monetary policy as well as working in close conjunction with fiscal and other policies to control inflation, sustain the macro-economy and support economic growth in the second half of this year.
OMO rates cut to support growth Business

OMO rates cut to support growth

The State Bank of Vietnam (SBV) late last week announced its first interest rate cut in the open market operation (OMO) in the past five years.