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Circular 36

Second amendments to Circular 36: suitability but market discipline

Second amendments to Circular 36: suitability but market discipline

The State Bank of Viet Nam (SBV) has issued a draft amendment updating a new circular regulating capital ratios for the operation of credit institutions and foreign bank branches.
New SBV circular announced

New SBV circular announced

Long-awaited amendments to Circular 36/2014/TT-NHNN regulating prudential ratios for the operations of credit institutions and foreign bank branches were officially issued on Friday afternoon.
Deposit interest rates under pressure to increase

Deposit interest rates under pressure to increase

Pressure from ensuring liquidity, meeting rising credit demands and purchasing Government bonds has caused commercial banks to hike their savings interest rates to attract depositors.
Lending rules should be changed gradually: banks

Lending rules should be changed gradually: banks

Although amendments to Circular 36 are needed, they should be implemented gradually to avoid policy risks and difficulties to commercial banks, online news portal Bizlive quoted bank officials as saying.
Banks ask SBV to delay stricter rules

Banks ask SBV to delay stricter rules

Commercial banks are recommending that the State Bank of Viet Nam (SBV) delay tightening of lending rules, as it could face difficulties once it takes effect on January 1, 2017.
SBV asked to keep lending limits

SBV asked to keep lending limits

The HCM City Real Estate Association (HOREA) has proposed the State Bank of Viet Nam (SBV)''s regulations on lending limits and capital adequacy ratio requirements for credit institutions, including branches of foreign banks not be changed at the moment.
Banks use more short-term capital for loans after rule change

Banks use more short-term capital for loans after rule change

Commercial banks boosted the use of short-term capital for medium- and long-term lending after the State Bank of Viet Nam (SBV) doubled the allowed capital beginning February 1, 2015.
Banks see improved business climate in 2015

Banks see improved business climate in 2015

Business performance at banks is expected to improve significantly during the second quarter, against the same period last year, a State Bank of Viet Nam (SBV) survey said.
Proposed consolidation positive for banking sector

Proposed consolidation positive for banking sector

Viet Nam''s central bank''s plans to consolidate the country''s banking system, and introduce new rules involving ownership structure under Circular 36 are likely to benefit the sector, said Fitch Ratings.
Circular will revamp stock market

Circular will revamp stock market

Since its issuance late last year, Circular 36/2014/TT-NHNN, which set limits on how much banks can lend to stock investors, has had a strong impact on both credit institutions and the securities market. Investors fear that the total amount available for margin loans...
Banking sector sets ambitious 2015 targets

Banking sector sets ambitious 2015 targets

At a conference held in late December the banking sector announced its main tasks for 2015. But the goals, based on the industry''s results in 2014 and not set too high, may yet be difficult to achieve.
Firms urge delay of circular that made investors panic

Firms urge delay of circular that made investors panic

A number of companies and agencies have expressed their desire to postpone the implementation of Circular 36 after the State Bank of Viet Nam declared its urgency.
Top stock market highlights of 2014

Top stock market highlights of 2014

The events were chosen based on the public attention and media coverage they garnered. Their effects on the market as a whole were also considered.
Credit expected to rise in 2015 with help from agriculture sector

Credit expected to rise in 2015 with help from agriculture sector

Credit growth next year is targeted to reach 13–15 per cent, State Bank of Viet Nam''s Credit Department Director Nguyen Tien Dong told Thoi Bao Kinh Doanh (Business Times).
Banks on track for 12% credit growth target

Banks on track for 12% credit growth target

The State Bank of Viet Nam announced recently that banking credit grew by 10.22 per cent in the first 11 months.