SBV implements tasks for the 2nd half of the year
(VOVworld)-The State Bank of Vietnam on Saturday reviewed its activities since early this year and implement tasks by the year end.
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The State Bank of Vietnam Governor Nguyen Van Binh (Photo:vneconomy) |
The SBV has actively managed the monetary policy while bringing the key interest rate to 5% in line with macro-economic developments. The Vietnamese dong liquidity has been strengthened thanks to increasing capital mobilization. SBV Governor Nguyen Van Binh said that banking risk has been under control: “The banking system’s liquidity has improved over the past 6 months. This has prevented the collapse of credit institutions. Poor credit institutions have been closely monitored for stabilizing the financial sector.”