Abundant liquidity key driver in OMO development

0 vote(s)Comment

Báo Đầu Tư English 5 day(s) ago

Abundant liquidity key driver in OMO development

During the second quarter of 2015, the State Bank of Vietnam (SBV) withdrew large amounts of funds by issuing bills. At the same time, banks had little demand for borrowing from the SBV, demonstrated by the limited value of reverse repo transactions. Ample banking liquidity, limited issuance in the primary bond market in line with large foreign capital inflows were likely the most important drivers.

Keywords: 

Interbank market debt dips after surge in banking capital

0 vote(s)Comment

Báo Đầu Tư English 1 week(s) ago

Interbank market debt dips after surge in banking capital

The traded volume of interbank debt dropped continually during the second quarter from the previous three-month period and was only valued at VND938,359 billion ($43.1 billion), down 19 per cent quarter-over-quarter. This decline in traded volume did not follow the trend of the past two years as traded volume in the interbank market rose gradually towards the year-end. We identify some key reasons for the fall in traded volume as follows:

Keywords: 

Liquidity shortage pressurises rates

0 vote(s)Comment

Báo Đầu Tư English 1 month(s) ago 1 duplicate news

Liquidity shortage pressurises rates

Improving credit growth, an active secondary bond market, and volatility in the foreign exchange market has combined to reduce trading volume in the primary bond market.

Keywords: 

Vietnam ready to sell forex to stabilize exchange rate: c.bank

0 vote(s)Comment

Báo Tuổi Trẻ English 2 month(s) ago 1 related news

Vietnam ready to sell forex to stabilize exchange rate: c.bank

Vietnam's central bank stands ready to help stabilize the dollar/dong exchange rate and will keep the two-percent band movement for the rest of the year, a deputy governor said.

Keywords: 

SBV forgets to announce prime interest rate

0 vote(s)Comment

VietnamNet English 2 month(s) ago

SBV forgets to announce prime interest rate

VietNamNet Bridge - The last time the State Bank of Vietnam (SBV) announced the prime interest rate was in 2009, or six years ago.

Keywords: 

Why was Vietcombank chosen to issue $1 billion in bonds?

0 vote(s)Comment

VietnamNet English 2 month(s) ago

Why was Vietcombank chosen to issue $1 billion in bonds?

VietNamNet Bridge - Though Vietcombank is not the only large and powerful commercial bank in Vietnam, it was still chosen by the State Bank as the buyer in a deal issuing $1 billion worth of government bonds in dollars.

Keywords: 

Vietnam devalues dong for second time this year after posting trade deficit

0 vote(s)Comment

Báo Thanh Niên English 3 month(s) ago 3 related news

Vietnam devalues dong for second time this year after posting trade deficit

Vietnam devalued the dong currency for the second time this year on Thursday to support exports and curb import demand which has left it with a trade deficit.

Keywords: 

Vietnam allows 1 percent dong depreciation

0 vote(s)Comment

Báo Thanh Niên English 3 month(s) ago 3 related news

Vietnam has lowered the mid-point rate for trading its currency on the interbank market by 0.99 percent to 21,673 dong per dollar on Thursday, the central bank said via its data feed on Reuters Eikon system, its second depreciation this year.

Keywords: 

Commercial banks unexpectedly lack VND

0 vote(s)Comment

VietnamNet English 3 month(s) ago

Commercial banks unexpectedly lack VND

VietNamNet Bridge - The State Bank of Vietnam (SBV) has had to pump a large amount of dong through the open market operation (OMO) to ease a “dong fever” in the interbank market.

Keywords: 

Financial market: Interest rate, exchange rates up, stock index down

0 vote(s)Comment

VietnamNet English 4 month(s) ago

Financial market: Interest rate, exchange rates up, stock index down

VietNamNet Bridge - Increasing demand for loans in Vietnamese dong has caused the lending interest rate to rise, while the stock market has been hurt by US dollar appreciation.

Keywords: 

State Bank of Vietnam weakens Vietnamese dong by 1%

0 vote(s)Comment

Báo Dân Trí English 7 month(s) ago 1 related news

State Bank of Vietnam weakens Vietnamese dong by 1%

The Vietnamese dong has been devalued by 1% in a move that the State Bank of Vietnam (SBV) says will stabilise the foreign currency market.

Keywords: 

Vietnam cbank devalues VND by 1% against USD to 'control inflation'

0 vote(s)Comment

Báo Tuổi Trẻ English 7 month(s) ago 1 related news

Vietnam cbank devalues VND by 1% against USD to 'control inflation'

The Vietnamese dong is devalued by one percent against the dollar on interbank transactions as of Wednesday, the State Bank of Vietnam (SBV) announced late Tuesday.

Keywords: 

Vietnam to let dong depreciate 1 pct vs dollar

0 vote(s)Comment

Báo Thanh Niên English 7 month(s) ago 1 related news

Vietnam to let dong depreciate 1 pct vs dollar

Vietnam will weaken its dong currency by 1 percent against the dollar from Wednesday on interbank transactions to help stabilise the foreign exchange market, the central bank said.

Keywords: 

More consumers opt for bank cards

0 vote(s)Comment

Báo Đầu Tư English 9 month(s) ago 2 related news

More consumers opt for bank cards

Vietnamese consumers were using 76.13 million bank cards as of October, up 15 per cent against December last year, according to statistics from the State Bank of Viet Nam.

Keywords: 

More consumers opt for bank cards

0 vote(s)Comment

VietnamPlus English 9 month(s) ago

Vietnamese consumers were using 76.13 million bank cards as of October, up 15 percent against December last year, according to statistics from the State Bank of Vietnam.

Keywords: 

Top page