<p><strong>The banking sector in Vietnam is currently sitting on mountains of cash as the demand for loans in the economy remains woefully low, said Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu.</strong>

</p>

The banking sector in Vietnam is currently sitting on mountains of cash as the demand for loans in the economy remains woefully low, said Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu.

Banks sit on mountains of cash: SBV official

The Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After more than two decades of development, the group has built a good reputation through four groups of publications about the economy, business, and markets in Vietnamese and one group of English publications for foreign readers.

Share Banks sit on mountains of cash: SBV official

Sign up to save your podcasts

Banks sit on mountains of cash: SBV official

Banks sit on mountains of cash: SBV official