ANTD.VN - Governor of the State Bank of Vietnam Nguyen Thi Hong has just issued a document directing the implementation of tasks of the banking sector in the last months of 2023.
In particular, the Governor of the State Bank requires credit institutions to strictly comply with legal regulations and policies and directions of the Government, Prime Minister, Governor of the State Bank and relevant levels and sectors.
In particular, focus on striving to reduce costs, cut unnecessary procedures and fees, increase the application of information technology, digital transformation to have room to reduce lending interest rates, increase access to credit for people and businesses.
Proactively deploy and strengthen bank-business connection activities in appropriate forms and promptly, resolutely and effectively deploy solutions to remove difficulties for people and businesses in the spirit of harmonious interests and sharing difficulties.
Directing credit capital to production and business sectors, priority sectors and growth drivers of the economy according to the Government's policy; continuing to strictly control credit in potentially risky sectors; ensuring safe and effective credit activities...
 |
Governor of the State Bank of Vietnam requests banks to continue to strive to reduce interest rates and increase access to credit. |
The Governor also requested that banks must have solutions to effectively promote the disbursement of the VND40 trillion interest rate support loan policy for enterprises, cooperatives, and business households, the VND120 trillion credit program for social housing, worker housing, and renovation of old apartments, and VND15 trillion for the forestry and fishery sectors.
Implement the policy of restructuring debt repayment terms and maintaining debt groups to support customers in difficulty according to Circular 02/2023/TT-NHNN.
At the same time, speed up the development and implementation of the restructuring plan associated with bad debt settlement for the 2021-2025 period according to the guidance of the State Bank.
Resolutely, synchronously and effectively deploy preventive measures to minimize the occurrence of new bad debts. Strictly comply with legal regulations on asset classification, provisioning and use of risk reserves for debts at credit institutions. Continue to promote the handling and recovery of bad debts and debts that have used provisions to handle risks.
The Governor also requested credit institutions to comply with regulations and conditions of the law on insurance agents and providing services related to corporate bonds.
In particular, it is necessary to seriously implement the State Bank's direction on insurance agency activities, focusing on strengthening internal inspection and control activities for insurance agency activities throughout the system.
Strictly handle cases requiring customers to purchase non-mandatory insurance when granting credit and other violations.
Strengthen internal inspection and control of bond issuance agency activities, agreement commitments and other service provision activities related to corporate bonds, promptly detect and strictly handle violations.
Credit institutions also need to actively implement digital transformation solutions, continue to develop and perfect payment products and services, improve internal payment systems, ensure safe and smooth operations, and connect and integrate seamlessly with services in other industries and fields to expand the digital ecosystem.
Apply advanced solutions, technologies and international standards on security and safety for information technology systems; deploy risk management solutions to prevent and combat fraud and scams.
Research and deploy solutions to connect the National Population Database, exploit information on chip-based citizen identification cards, electronic identification accounts (VNeID) to serve customer identification, authentication and cleaning of customer databases.
At the same time, promote and raise customers' awareness of cyber security risks, fraudulent activities and scams in cyberspace; proactively apply timely and effective recommendations and warnings to customers about the methods and tricks of fraud and scams of high-tech criminals.
In particular, the Governor requested credit institutions to build a healthy business culture, respect the law, compete fairly, equally, share and help each other in difficult times.
Source link
Comment (0)