The State Bank of Vietnam announced late Thursday it has lowered rates on compulsory reserves at banks by 0.2-0.5 percentage points to back the economy devastated by the Covid-19 pandemic.
Vietnam central bank Tin tức
Credit growth from end-2019 to May 29 fell to 1.96%, lowest since 2014 due to low borrowing demand when most businesses were hit by COVID-19 pandemic, central bank said on Friday.
16/03/2020 - 20:28Vietnam’s central bank cuts interest rates for the first time in this year to support the gloomy economy amid coronavirus fears spreading globally.
25/02/2020 - 09:43Vietnam’s central bank ordered commercial lenders to cut or delay interest payments on loans to enterprises suffering losses from the coronavirus epidemic, regulator said in a statement on its website on Monday.