Dinar Daily
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Get Daily Updates of the NEWS & GURUS in your EMAIL
CHECK YOUR EMAIL for VERIFICATION

Enter your email address:

Vietnam - Central Bank says seek to assure dong liquidity DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Vietnam - Central Bank says seek to assure dong liquidity

Post new topic   Reply to topic

Go down

Vietnam - Central Bank says seek to assure dong liquidity Empty Vietnam - Central Bank says seek to assure dong liquidity

Post by lexie Thu Oct 06, 2011 11:46 am

October 6, 2011


Central Bank says seek to assure dong liquidity


The State Bank of Vietnam said Wednesday it would ensure Vietnam dong liquidity for the country’s banking system as a number of commercial banks have cut lending rates for manufacturing industries to 17%-19% a year from 18%-22%.

The Central Bank, in a meeting with representatives of 12 major commercial banks in Hanoi Wednesday, said local bankers had operated well in controlling the lending balance for non-productive industries.


The State Bank said in a statement Wednesday it would closely supervise Vietnam dong liquidity in the market, with appropriate timely solutions.


The Central Bank is set to secure liquidity by continuing to supply more money into the market.


http://www.vietfinancenews.com/2011/10/central-bank-says-seek-to-assure-dong.html#more


*****************
"WHEN THE POWER OF LOVE OVERCOMES THE LOVE OF POWER, THE WORLD WILL KNOW PEACE"
lexie
lexie
Elite Member
Elite Member

Posts : 1812
Join date : 2011-06-24

View user profile

Back to top Go down

Back to top

- Similar topics

 
Permissions in this forum:
You can reply to topics in this forum