Central Bank appoints new chief

tohang

The State Bank of Viet Nam (SBV) has promoted Ngo Quang Luong to become the central banks' chief administrator, replacing Nghiem Xuan Thanh.

The State Bank of Viet Nam (SBV) has promoted Ngo Quang Luong to become the central banks' chief administrator, replacing Nghiem Xuan Thanh.—Photo sbv

HA NOI (Biz Hub)— The State Bank of Viet Nam (SBV) has promoted Ngo Quang Luong to become the central banks' chief administrator, replacing Nghiem Xuan Thanh.

Nghiem Xuan Thanh left the position to become general director of the Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank), in place of Nguyen Phuoc Thanh.

Reportedly, Nguyen Phuoc Thanh left the CEO post after he had been appointed as deputy governor at the central bank on July 19, 2013.

  • Share:

see also

Innovative banking drives CASA recovery to 20 per cent threshold

Innovative banking drives CASA recovery to 20 per cent threshold

In 2024, the Current Account Savings Account ratio in Việt Nam’s banking sector rebounded from its lowest point and stabilised at around 20 per cent.
Vietcombank named most valuable brand in Việt Nam

Vietcombank named most valuable brand in Việt Nam

Vietcombank has become the most valuable brand in Việt Nam in 2024, according to a recently released report of Forbes Việt Nam.
Ocean Bank officially renamed Modern Bank of Vietnam Limited (MBV)

Ocean Bank officially renamed Modern Bank of Vietnam Limited (MBV)

The Ocean Commercial One Member Limited Liability Bank (Ocean Bank) has officially rebranded as Modern Bank of Vietnam Limited (MBV) as of December 18, 2024.
Vietnamese banks at turning point in 2025: summit

Vietnamese banks at turning point in 2025: summit

The summit drew nearly 200 experts, banking leaders, and representatives from financial and technology organisations across ASEAN, alongside hundreds of staff from major industry enterprises.
Lending interest rates this year reduced by 0.44 pp compared to 2023

Lending interest rates this year reduced by 0.44 pp compared to 2023

According to SBV’s Governor Nguyễn Thị Hồng, credit growth has d strong momentum for the economy to recover and develop as it continues to face challenges.