Appointment of Director of State Bank Region 14

The Director and Deputy Director of the State Bank of this region were also announced.

Accordingly, the State Bank of Vietnam (SBV) Branch Region 14 will have its headquarters in Can Tho. The Governor of the SBV decided to appoint Mr. Tran Quoc Ha - Director of the SBV Branch Can Tho (formerly) to hold the position of Deputy Director of the SBV Branch Region 14 and delegate the authority to direct, appoint deputy directors, and leaders of units under the branch.

Governor of the State Bank of Vietnam Nguyen Thi Hong presents the appointment decisions to the leaders of the State Bank of Vietnam, Region 14 branch. Photo: CK.

The leader of the Department of Personnel Organization, State Bank of Vietnam said that in implementing the arrangement and organization of the apparatus, the State Bank of Vietnam has completed the reorganization of 63 provincial and municipal branches into 15 regional branches; ensuring the implementation of state management, payment activities, monetary security, and treasury for the banking system.

Regarding credit work, since December 2024, the State Bank has announced and assigned a credit growth target of about 16% in 2025, so that credit institutions can proactively operate and meet the capital needs of people, businesses, and the economy.

In the first two months of the year, the State Bank of Vietnam has issued 10 directives on general credit, industry credit, sectors and interest rates. In particular, it has thoroughly instructed credit institutions to strictly implement the direction of the Government, Prime Minister and the State Bank on stabilizing interest rates. Thereby contributing to stabilizing the monetary market, striving to reduce lending interest rates, focusing credit on production and business sectors, priority sectors...

The State Bank of Vietnam also directed credit institutions to strengthen the review and simplification of credit granting processes and procedures, and digital transformation to facilitate access to bank credit capital.

According to Canh Ky (TPO)

Source: https://baogialai.com.vn/bo-nhiem-giam-doc-ngan-hang-nha-nuoc-khu-vuc-14-post316170.html