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SBV implements tasks for the 2nd half of the year

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(VOVworld)-The State Bank of Vietnam on Saturday reviewed its activities since early this year and implement tasks by the year end. 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 increasin

(VOVworld)-The State Bank of Vietnam on Saturday reviewed its activities since early this year and implement tasks by the year end.

SBV implements tasks for the 2nd half of the year - ảnh 1
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.”

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