State bank of india atm

A view of an MB office in Ha Noi. MB could be allowed to expand its credit room to about 25 per cent in 2022. — VNA/VNS Photo Some qualified commercial banks are forecast to get higher credit growth quotas from the State Bank of Viet Nam (SBV) in the next few months. According to the Bao Viet Securities Company (BVSC), the SBV is expected to announce a credit expansion for commercial banks at the end of Q3 2022 or at the beginning of Q4 2022 as most banks have so far used up most of their assigned credit quota. However, as the SBV has so far decided to keep the credit growth target unchanged at 14 per cent in 2022, the selection of banks to get a higher credit growth quota in the remaining months of this year will be tightened. According to the SBV’s rules, the granting of credit growth quota will be based on the asset quality and operation scale of each bank according to Circular 52/2018/TT-NHNN. Specifically, the SBV will rank banks according to six criteria, including … [Read more...] about Qualified banks expect higher credit growth quota in the next few months

Illustrative image (Source: VNA) Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,153 VND/USD on August 12, down 10 VND from the previous day. With the current trading band of +/-3 percent, the ceiling rate applicable to commercial banks during the day is 23,847 VND/USD and the floor rate 22,458 VND/USD. The opening-hour rates at many commercial banks stayed stable. At 8:30 am, BIDV listed the buying rate at 23,255 VND/USD and the selling rate at 23,535 VND/USD, both unchanged from the end of August 11. Vietcombank also kept both rates unchanged at 23,220 VND/USD (buying) and 23,530 VND/USD (selling). During the week from August 8-12, the daily reference exchange rate for the US dollar mostly followed a downward trend, except for Tuesday (August 9). It ended the week down 22 VND./. VNA … [Read more...] about Reference exchange rate down 10 VND on August 12

A strong business community will build an independent and highly resilient economy. Localities are expected to further create a favorable environment for business operation, especially in simplifying administrative formalities and avoiding petty corruption. Prime Minister Pham Minh Chinh at the conference. Photos: Nhat Bac Prime Minister Pham Minh Chinh stressed the view during a conference between the Government’s leader and business community on August 11, which drew the participation of 1,200 delegates from a business association and local companies. According to Chinh, more than two years since the outbreak of the Covid-19 pandemic, Vietnam has now put the situation under control and maintained positive growth. Vietnam’s GDP  during the six months expanded by 6.42%, higher than the 5.74% rate in the same period last year, and equivalent to the growth rate recorded in the pre-pandemic period 2016-2019 (6.38%). In addition, Chinh also pointed out high … [Read more...] about PM urges favorable environment for businesses

A company that sells exclusive FIFA packages to the well-heeled is predicting record sales for the World Cup in Qatar, but its owner insists the tournament will be "good value" for all fans. England have opted for the Souq Al Wakra as their base for the World Cup this year. Image by Tivoli Hotels. Jaime Byrom, who has sold millions of hotel rooms over 10 World Cups, said wealthy supporters will be flocking to the tiny Gulf state from around the globe on private planes and yachts. Byrom's Match Hospitality has contracted 450,000 of the three million tickets for the tournament that starts November 20. Packages range from $700 for a top ticket with a slap-up meal, to bills of a million dollars-plus for big groups staying in top hotels and watching several matches. Byrom refused to give the highest prices for his Pearl Lounge at the Lusail Stadium, where the December 18 final will be held. At the lounge's 116 seats overlooking the halfway line, … [Read more...] about Qatar World Cup will be most luxurious yet, says hospitality firm boss