Credit institutions need to balance their capital to effectively invest in projects, which are now able to recover following the control of the COVID-19 pandemic, said Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu.
The central bank of the Philippines (BSP) is ready to increase the purchasing value of government bonds to 500 billion PHP (9.846 billion USD) in order to provide extra lifeline to the government amid the COVID-19 pandemic, said a banking official.
Farmers in the Mekong Delta province of Bac Lieu affected by severe drought and saline intrusion have received support from the Government, local authority and banks to restart their crop production.
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