Vietnamese Central Bank
| Headquarters |
Hanoi , Vietnam
|
| founding | May 6, 1951 |
| president | Lê Minh Hưng |
| country | Vietnam |
| currency | |
| ISO 4217 | VND |
| Currency reserves | US $ 64.368 billion (November 2019) |
| Website | |
| List of central banks | |
The Ngân hàng Nhà nước Việt Nam (vietn. Ngân hàng Nhà nước Việt Nam , English State Bank of Vietnam [SBV] / Central Bank of the Socialist Republic of Vietnam ) is the central bank or state bank of the Socialist Republic of Vietnam . The Hanoi- based organization was founded on May 6, 1951 as Ngân hàng Quốc gia Việt Nam . On October 26, 1961, the name was changed to its current name.
The bank is part of the government and is therefore controlled by the Communist Party of Vietnam .
“Until 1988, the Vietnamese financial system consisted exclusively of the Vietnamese central bank, the State Bank of Vietnam (SBV), which combined central bank and commercial banking functions, and two specialist banks controlled by the state bank, the Foreign Trade Bank (Vietcombank) and the Bank for Investment and Development (BIDV). "
It holds a 65% stake in VietinBank .
Responsibilities, authorities, functions and activities
According to the Law on the State Bank of Vietnam 2010 and Decree No. 156/2013 / ND-CP of November 11, 2013 (Decree 156), the bank has the following responsibilities, powers, functions and activities:
- Central bank
- Formulation and implementation of monetary and credit policy
- Control of credit creation
- national interest rate policy
- Reserve policy
- Management of currency reserves .
ladder
The bank is controlled by a Governor of the State Bank of Vietnam headed
| Surname | Beginning | The End |
|---|---|---|
| Nguyễn Lương Bằng | 1951 | 1952 |
| Lê Viết Lượng | 1952 | 1964 |
| Tạ Hoàng Cơ | 1964 | 1974 |
| Đặng Việt Châu | 1974 | 1976 |
| Hoàng Anh | 1976 | 1977 |
| Trần Dương | 1977 | 1981 |
| Nguyễn Duy Gia | 1981 | 1986 |
| Lữ Minh Chau | 1986 | 1989 |
| Cao Sỹ Kiem | 1989 | 1997 |
| Nguyễn Tấn Dũng | 1998 | 1999 |
| Lê Đức Thúy | 1999 | 2007 |
| Nguyễn Văn Giàu | 2007 | 2011 |
| Nguyễn Văn Bình | 2011 | 2016 |
| Lê Minh Hưng | 2016 | today |
See also
Web links
- Official website (English, Vietnamese)
Individual evidence
- ↑ sbv.gov.vn
- ↑ Vietnam Foreign Exchange Reserves . tradingeconmoics.com. Accessed December 12, 2019 (English)
- ↑ sbv.gov.vn
- ↑ sbv.gov.vn
- ^ Stephan Hensel: The transformation process of the Vietnamese financial sector and the state bank . 2004, Chapter II.1, p. 6, kas.de (PDF)
- ↑ asemconnectvietnam.gov.vn
- ↑ sbv.gov.vn
- ↑ sbv.gov.vn ( Memento of the original from March 4, 2016 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
Coordinates: 21 ° 1 ′ 37.9 ″ N , 105 ° 51 ′ 24 ″ E